$2,850,000
$2,925,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
6,098 Sqft Lot
SOLD DATE : 06/14/2021
Key Details
Sold Price $2,850,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision University Terrace
MLS Listing ID 922601
Sold Date 06/14/21
Bedrooms 8
HOA Y/N false
Originating Board IRES MLS
Year Built 1911
Annual Tax Amount $8,718
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Student Rental Investment. Duplex 3 lvls #A (Main, Up) 4Bd/2Ba, #B (Bsmt) 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 combined with 1120, 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.
Location
State CO
County Boulder
Area Boulder
Zoning RH-5
Direction From Broadway, West on College, North on 10th St., between College and Pennsylvania on 10th.
Rooms
Basement Full, Walk-Out Access
Interior
Heating Forced Air
Fireplaces Type Single Fireplace
Fireplace true
Window Features Window Coverings
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Laundry Common Area
Exterior
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
View Mountain(s)
Roof Type Composition
Porch Patio
Building
Lot Description Corner Lot
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 R0007467
SqFt Source Assessor
Special Listing Condition Private Owner
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