Discover a prime investment opportunity at 1250 Cedar Ave in Boulder-a Smart Regs compliant triplex situated on a spacious 0.27-acre lot in the desirable Old North Boulder neighborhood, within walking distance to downtown. This property offers versatility, whether as a primary residence with rental income from additional units or as a full-income investment. Property Highlights: Unit 1 (Main Level): 2 bedrooms, 1 bathroom, kitchen, living room, and private laundry. Unit 2 (Main Level): 1 bedroom, 1 bathroom, kitchen, and living room. Unit 3 (Lower Level): 2 bedrooms, 1 bathroom, kitchen, and living room. Shared Laundry: Units 2 and 3 share a laundry area on the lower level. Ample off-street parking available onsite. Location Highlights: Set on a quiet stretch of Cedar Avenue, across from a park, this property is ideally positioned within walking distance of Boulder's renowned Ideal Market, as well as an array of local shops, restaurants, and cafes. Its close proximity to Pearl Street and downtown Boulder ensures easy access to dining, nightlife, entertainment, and outdoor activities-making it an appealing option for both tenants and homeowners. Investment Potential: The layout of this triplex provides multiple possibilities-live in one unit while renting out the others or maximize rental income across all three. Additionally, the expansive lot presents potential redevelopment opportunities, subject to city approvals, with potential Flatirons views. Additional Information: A pre-listing inspection report is available upon request, and many of the identified issues have already been addressed by the owner. Explore the floor plans, property website, 3D Zillow Tour, and aerial media to fully appreciate this home. Buyer to verify square footage, zoning, redevelopment potential, etc. Don't miss out on this exceptional investment opportunity in one of Boulder's most sought-after neighborhoods.