UPDATED:
10/21/2024 05:23 PM
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,776 sqft
Subdivision Boulder West Downtown
MLS Listing ID 7250370
Bedrooms 11
HOA Y/N false
Abv Grd Liv Area 3,956
Originating Board REcolorado
Year Built 1915
Annual Tax Amount $16,125
Lot Size 8,276 Sqft
Acres 0.19
Property Description
This beautifully remodelled 4-unit multifamily property, located just steps from the Pearl Street Mall and near the peaceful Eben G. Fine Park, offers a rare investment opportunity in the heart of Boulder. Featuring 11 bedrooms and 5 bathrooms across four units, this property has been thoughtfully upgraded to appeal to a range of tenants.
With a projected 2025 net income of $145,830 and a strong 5.13% cap rate, this property offers both immediate cash flow and long-term appreciation potential. Historically, the property has maintained a 0% vacancy rate, underscoring its desirability and stable rental demand.
Reach out for financials and more detailed information-don't miss out on this high-performing, centrally located investment property!
Location
State CO
County Boulder
Area Boulder
Rooms
Other Rooms Outbuildings
Interior
Heating Forced Air
Cooling Central Air, Ceiling Fan(s)
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Exterior Feature Balcony
Garage Spaces 6.0
Fence Partial
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
View Foothills View
Roof Type Rubber,Fiberglass
Porch Patio, Deck
Building
Lot Description Gutters, Lawn Sprinkler System
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame,Wood Siding
New Construction false
Schools
Elementary Schools Whittier Int'L
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community false
SqFt Source Assessor
GET MORE INFORMATION
Bonnie & Josh Sherman
Broker Associate | FAFA100074934, FA100074801
Broker Associate FAFA100074934, FA100074801