$2,590,000
$2,600,000
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8 Beds
3 Baths
6,534 Sqft Lot
SOLD DATE : 12/30/2020
Key Details
Sold Price $2,590,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision University Terrace
MLS Listing ID 922605
Sold Date 12/30/20
Bedrooms 8
HOA Y/N false
Originating Board IRES MLS
Year Built 1910
Annual Tax Amount $8,460
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Student Rental Investment. Duplex - 3 Lvls #A (Main, Bsmt)4Bd/2Ba #B (Upper) 4Bd/1Ba. 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 as a package with 1100, 1110, 1120, 1130 (all adjacent) & 1164 10th St. Management team in place. Major capital improvements include newer roofs (~2012), new 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.
Location
State CO
County Boulder
Area Boulder
Zoning RH-5
Direction From Broadway, West on College, North on 10th St., between College & Pennsylvania on 10th.
Rooms
Basement Full
Interior
Interior Features Outside Entry
Heating Forced Air
Fireplaces Type Single Fireplace
Fireplace true
Window Features Window Coverings
Appliance Electric Range/Oven, Gas 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 Patio
Building
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 R0007468
SqFt Source Assessor
Special Listing Condition Private Owner
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