11 Beds
6 Baths
3,776 SqFt
11 Beds
6 Baths
3,776 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,776 sqft
Price per Sqft $753
Subdivision Boulder West Downtown
MLS Listing ID 7250370
Bedrooms 11
HOA Y/N No
Originating Board recolorado
Year Built 1915
Annual Tax Amount $16,125
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Description
This beautifully remodelled 4-unit multifamily property, located just steps from the Pearl Street Mall and near the peaceful Eben G. Fine Park, offers a rare investment opportunity in the heart of Boulder. Featuring 11 bedrooms and 5 bathrooms across four units, this property has been thoughtfully upgraded to appeal to a range of tenants.
With a projected 2025 net income of $145,830 and a strong 5.13% cap rate, this property offers both immediate cash flow and long-term appreciation potential. Historically, the property has maintained a 0% vacancy rate, underscoring its desirability and stable rental demand.
Reach out for financials and more detailed information?don?t miss out on this high-performing, centrally located investment property!
Location
State CO
County Boulder
Interior
Interior Features Ceiling Fan(s), High Ceilings, Laminate Counters, Smoke Free
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony, Private Yard, Rain Gutters
Fence Partial
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Roof Type Architecural Shingle,Membrane
Total Parking Spaces 6
Garage No
Building
Lot Description Foothills, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Whittier Int'L
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
3204 N Academy Blvd Suite 120, springs, CO, 80917, United States