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- MLS#922609
- TypeIncome
- CountyBOULDER
- CityBoulder
- AreaUniversity Terrace
- NeighborhoodUniversity Terrace
- Zip80302
- Style3 Story
- Year Built1903
- Taxes9825
- Price$ 3,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5062
- Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RE/MAX Alliance on Walnut
Property Description
Student Rental Investment. Duplex Front & Back #A 4Bd/2Ba w/unfin bsmnt. #B 4Bd/3Ba (back is newer construction ~2008). One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.
Elementary School | High School |
---|---|
Flatirons Elementary School | Boulder High School |
Price History | |
---|---|
8/28/2020 | Listed $3,250,000 |
General Features
Capitalization Rate | 5.38 |
---|---|
County | Boulder |
Design Features | Outside Entry |
Heating | Forced Air |
Locale | Boulder |
Net Operating Income | 175153.0000 |
Ownership | Private Owner |
School District | Boulder Valley Dist RE2 |
Subdivision | University Terrace |
Total Number of Units | 2 |
Total Operating Epense | 33347.0000 |
Type | Duplex |
Utilities | Natural Gas, Electric, Cable TV Available |
Zoning | RH-5 |
Exterior Features
Inclusions | Window Coverings, Gas Range/Oven, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer |
---|---|
Outdoor Features | Patio |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool