#1025072
Boulder, CO
- 8 beds
- 4 baths
- – sqft
- 5,705 sqft lot
- 1960 build
- – on site
More homes
Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.
Last checked:
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Last updated Mar 31, 2025
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MLS# 1025072 —
The Building
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Year Built:1960
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Raised Ranch
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Structure Type:Duplex
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Total SqFt:3106
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Roof:Composition
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Levels:Raised Ranch
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Stories:1
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# of Units Total:2
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Basement:Full
Interior
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Interior Features:Walk-In Closet(s)
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Fireplace:false
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Fireplace Features:None
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Laundry Features:Washer/Dryer Hookups
Room Dimensions
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Living Area Units:Square Feet
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Living Area Source:Assessor
Financial & Terms
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Listing Terms:Cash
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Tenant Pays:Deposit
Location
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Directions:From Pearl Street, South on Broadway, West on University Avenue. Property is on the North side of the Street, at the corner of Lincoln Place and University Avenue.
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Coordinates:-105.28145, 40.01072
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Latitude:40.01072
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Longitude:-105.28145
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Parcel Number:R0003937
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Lot Features:Sidewalks
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Lot Size Acres:0.13
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Lot Size SqFt:5705
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Lot Size Area:5705
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Lot Size Units:Square Feet
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Zoning:Dup/Triple
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Possible Use:Single Family
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Horse:false
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Water Source:City Water, Public
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Waterfront:false
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:9117
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Baseboard
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Heating:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
Appliances
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Appliances:Electric Range/Oven
Schools
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Elementary School:Flatirons
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Middle Or Junior School:Manhattan
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High School:Boulder
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High School District:Boulder Valley Dist RE2
The Community
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Subdivision Name:Grand View Heights
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Association:false
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Spa:false
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Senior Community:false
Parking
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Other Parking:Parking Per Unit(2 Spaces/Unit)
Extra Units
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Bedrooms Unit 1:4
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Total Baths Unit 1:2
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Bedrooms Unit 2:4
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Total Baths Unit 2:2
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/31/25
Mar 31, 2025
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Sold | IRES | $2,000,000 | -9.1% |
2/6/25
Feb 6, 2025
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Pending | IRES | $2,200,000 | |
1/23/25
Jan 23, 2025
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Listed / Active | IRES | $2,200,000 |