$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
3,636 SqFt
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
Square Footage 3,636 sqft
Subdivision University Terrace
MLS Listing ID 9581377
Sold Date 06/14/21
Style Cottage/Bung
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,779
Originating Board REcolorado
Year Built 1911
Annual Tax Amount $8,718
Property Description
Student Rental Investment Portfolio. Duplex 3 levels (#A Main, Upper 4Bd/2Ba, #B Basement 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 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. thehillportfolio.com
Location
State CO
County Boulder
Area Boulder
Zoning HDRE
Direction From Broadway, West on College, North on 10th St., between College and Pennsylvania on 10th.
Rooms
Basement Full, Walk-Out Access, Daylight
Interior
Heating Forced Air
Cooling Room Air Conditioner
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Washer, Dryer
Laundry Common Area
Exterior
Garage Spaces 6.0
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
View Mountain(s)
Roof Type Composition
Porch Patio
Building
Faces West
Story 3
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Three Or More
Structure Type Wood/Frame,Brick/Brick Veneer,Stone
New Construction false
Schools
Elementary Schools Flatirons
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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