An unparalleled opportunity for investment and development awaits in this fully leased CU student rental in Uni Hill, leased to July 30, 2024. Offering two legal structures with current rental licenses on a spacious 6,770-square-foot lot, endless possibilities are presented to renovate, remodel or redesign a personalized vision. The main home offers an updated, two-story floorplan with four bedrooms and two bathrooms. Situated on the north portion of the lot, a carriage house offers one bedroom complemented by a 3/4 bath and a small kitchen area with a gas range oven and a designated alley parking space. Substantial recent upgrades to the main home include a newer forced air gas furnace, Romex-style wiring, newer windows and a new front entry staircase and sidewalk. Outside, a backyard presents ample space for designing an outdoor oasis. An ideal location offers close proximity to Flatirons Elementary School, nature trails, CU campus, downtown Boulder and more. Excellent location provides consistent rent.