$2,590,000
$2,600,000
0.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
3 Baths
3,156 SqFt
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
Square Footage 3,156 sqft
Subdivision University Terrace
MLS Listing ID 7891525
Sold Date 12/30/20
Style Cottage/Bung
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,156
Originating Board REcolorado
Year Built 1910
Annual Tax Amount $8,460
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Student Rental Investment Portfolio. 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 - the heart of University Hill, 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 individually or combined with 1100, 1120, 1130, 1134 (all adjacent) & 1164 10th St. Management 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 includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Email listing agent for Investment Package. Limited showing windows M,W,F 3-4pm only. Email or text LA for exceptions. TheHillPortfolio.com
Location
State CO
County Boulder
Area Boulder
Zoning HDRE
Direction From Broadway, West on College, North on 10th St., between College & Pennsylvania on 10th.
Rooms
Basement Daylight
Interior
Heating Forced Air
Cooling Room Air Conditioner
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Washer, Dryer, Disposal
Exterior
Exterior Feature Balcony
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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