$2,925,000
$2,925,000
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9 Beds
3 Baths
6,534 Sqft Lot
SOLD DATE : 10/14/2020
Key Details
Sold Price $2,925,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision University Terrace
MLS Listing ID 922663
Sold Date 10/14/20
Bedrooms 9
HOA Y/N false
Originating Board IRES MLS
Year Built 1907
Annual Tax Amount $7,744
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Student Rental Investment Portfolio. Triplex 3 Lvls, Bsmt, Main, Upper, 1 unit/fl, 3Bd/1Ba Ea. 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 10%), 100% occupancy rate. Rented through Aug 2021, will be pre-leased for Aug 2021-22 by October 2020. Being sold separately or combined with 1100, 1110, 1120, 1130, (all adjacent) & 1164 10th St. Mgmt team in place. Major capital improvements include newer hail resistant roofs (~2012), new main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model incl 4 sources of income w/little to no advertising. Portfolios like this are rarely available in Boulder. Limited showing windows M,W,F 3-4pm only.
Location
State CO
County Boulder
Area Boulder
Zoning HDRE
Direction From Broadway, west on college, North on 10th btwn college & Pennsylvania on 10th.
Rooms
Basement Full, Walk-Out Access
Interior
Heating Forced Air
Window Features Window Coverings
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Exterior
Exterior Feature Balcony
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
View Mountain(s)
Roof Type Composition
Porch Deck
Building
Faces West
Story 3
Sewer City Sewer
Water City Water, City
Level or Stories Three Or More
Structure Type Wood/Frame,Brick/Brick Veneer,Stone
New Construction false
Schools
Elementary Schools Flatirons
Middle Schools Other
High Schools Boulder
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0003811
SqFt Source Assessor
Special Listing Condition Private Owner
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