Second-Floor Condo Income
5120 Williams Fork Trl Boulder, CO 80301
5120 Williams Fork Trl, Boulder, CO, 80301
$259,000
For Sale
$259,000
MULTI_FAMILY - Contemporary - Boulder, CO
Property Size625 SF
Price / SF$414.40
Days on Market143
Property Features for 5120 Williams Fork Trl
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MF
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1
- Parking
- 1
- Parking features
- RV
- Window features
- Window Coverings
- Pets allowed
- Cats OK, Dogs OK
- Interior features
- Eat-in Kitchen, Open Floorplan
- Exterior features
- Balcony
- Appliances
- Electric Range, Dishwasher, Refrigerator
- Standard status
- Active
- APN
- R0083623
- Size
- 625 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1794
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick
- Roof type
- Composition
- Architectural style
- Contemporary
Listing Agency
MOD Boulder
(720) 252-6051
3030 Washington Street, Boulder, CO
Listed by
Sean McIllwain
(720) 252-6051
Added: Feb 27 Updated: Jul 7 at 11:32 am Checked: Jul 20 at 7:06 pm
MLS# 1052608
Listing URL
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a second-floor condo within an MF-zoned residential income setting, offered for sale as a turn-key, low-maintenance asset. The unit is described as beautifully maintained and includes recent updates intended to minimize immediate capital expenditure and ongoing upkeep. With approximately 625 square feet of interior space, the layout is presented as bright and open-concept, designed to make efficient use of the living area.
The home is located at 5120 Williams Fork Trl in Boulder, Colorado (80301), in Boulder County. Public remarks note proximity to employment areas, trail networks, retail, and dining, along with commuter access to downtown Boulder and surrounding tech corridors.
For investors or owner-operators seeking a manageable residential rental, this condo format can offer a straightforward ownership structure, with the current offering emphasizing maintenance practicality and readiness for occupancy. The property’s described condition, open-concept interior, and MF zoning make it well-suited to buyers looking for a smaller, income-oriented residential holding in the Boulder rental market context provided in the listing materials.
The home is located at 5120 Williams Fork Trl in Boulder, Colorado (80301), in Boulder County. Public remarks note proximity to employment areas, trail networks, retail, and dining, along with commuter access to downtown Boulder and surrounding tech corridors.
For investors or owner-operators seeking a manageable residential rental, this condo format can offer a straightforward ownership structure, with the current offering emphasizing maintenance practicality and readiness for occupancy. The property’s described condition, open-concept interior, and MF zoning make it well-suited to buyers looking for a smaller, income-oriented residential holding in the Boulder rental market context provided in the listing materials.
Key Highlights
- Second‑floor contemporary condo with an eat‑in kitchen and open floorplan
- Central air and ceiling fan(s) for year‑round comfort
- Brick construction with a composition roof
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.8k | $30.00 |
| − Vacancy | −$844 | −$1.35 |
| EGI | $17.9k | $28.65 |
| − OpEx | −$8.1k | −$12.89 |
| NOI | $9.8k | $15.76 |
625 SF · lease $30.00/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$140.7K
$123.1K – $164.1K
NOI $9,848 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.2K
$184.8K – $246.4K
NOI $14,784 @ 7.0% cap · market cap 5.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Residential income property - Second-floor condo in an MF-zoned rental building, offered as a turn-key, low-maintenance income option.
Where is this residential income property located?
The property is located at 5120 Williams Fork Trl Boulder, CO.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Second‑floor contemporary condo with an eat‑in kitchen and open floorplan; Central air and ceiling fan(s) for year‑round comfort; Brick construction with a composition roof
