Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.
Introducing 2002 Baseline - an exceptional income property opportunity ideally situated just one block off campus, offering convenience and comfort for university students. All are leased through July 2024, with most leased through July 2025, providing a stable and lucrative rental income. THE CURRENT CAP RATE IS 5.6%! The seller has made significant investments to enhance the property's appeal, including a forthcoming balcony off the second floor and a new deck complete with a spiral staircase, offering a perfect setting for relaxation and enjoyment, not to mention outstanding views of the Flatirons. Further upgrades include a new 50-gallon water heater, a new refrigerator, a new roof with Class 4 shingles, and new gutters, ensuring modern comfort and efficiency for the tenants and the property. A new egress window was added in the basement bedroom, new insulation in the attic, and some new windows further enhance the property's overall value. This income property presents an incredible opportunity for investors seeking a turnkey investment with a proven track record of rental success. Don't miss out on owning this prime income-generating property that offers current stability and future potential.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
7
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
6,802 Sq. Ft.
Year renovated
1992
Sq. Ft.
2,401
Year built
1950
Style
Single Family Residential
County
Boulder County
APN
R0005246
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
RL-1
Residential-Low 1 District
Primarily single-family detached dwelling units with some duplexes and attached dwelling units at low to very low residential densities.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Educational/school
Recreation
Agriculture-Cropland
Park & open space
Jul 9, 2025 • Final
Addition to a single family detached dwelling
Addition
Feb 21, 2024 • Final
Electrical sub-
Addition
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Flooring: Wood
Window Features: Window Coverings
Basement Information
Has Basement
Basement: Finished, Walk-Out Access
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Gas
Exterior
Building Information
Building Area Total: 2,837
Building Area Source: Public Records
Structure Type: House
Construction Materials: Block, Frame, Stucco
Exterior Features
Exterior Features: Balcony, Fire Pit, Private Yard, Rain Gutters
Patio And Porch Features: Deck, Front Porch
Fencing: Full
Roof: Composition
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Unattached
Living Area: 2,837
Above Grade Finished Area: 1,987
Below Grade Finished Area: 850
Levels: Two
Ownership: Individual
Lot Information
Lot Size Square Feet: 6,802
Lot Size Acres: 0.16
Water Source: Public
Road Surface Type: Paved
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $6,444
Tax Year: 2023
Parcel Number: R0005246
Utilities
Utility Information
Sewer: Public Sewer
Heating & Cooling
Cooling: Central Air
Heating: Forced Air
Location
School Information
Elementary School: Creekside
Elementary School District: Boulder Valley RE 2
Middle Or Junior School: Manhattan
Middle Or Junior School District: Boulder Valley RE 2
High School: Boulder
High School District: Boulder Valley RE 2
Location Information
Distance To Bus Numeric: 1
Distance To Bus Units: Blocks
Public facts
Beds: 7
Baths: 3.0
Sq. Ft.: 2,401
Stories: —
Lot Size: 6,802 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: 1992
County: Boulder County
APN: R0005246
Home facts updated by county records on Jun 11, 2026
Around this home
Schools
Creekside Elementary School At Martin Park
Public PreK-5 • Assigned • 1.2mi
10/10
Manhattan Middle School Of The Arts And Academics
Public 6-8 • Assigned • 2.1mi
9/10
Boulder High School
Public 9-12 • Assigned • 1.0mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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