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1012 15th St

Boulder, CO 80302
  • $2,995,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 1016350
UPDATED: 41 min ago
$2,995,000
  • 8
    BEDS
  • 0.14
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,390
    SQFT
  • $883
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1907
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Large student rental property located in an unbeatable location on University Hill, just steps (literally) from CU Campus. This 10 bed / 6 bath six plex has a smart unit mix of studios, one bed, two beds and a three bed unit, with something for everyone! Leased through the 2024-2025 school year with projected NOI of $147,00 and a 4.9% cap rate.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-15T16:41:21.223.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/153627431
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1012 15th St Boulder, CO 80302

  • Price: $2,995,000
  • Status: Active
  • On Site: 62 Days
  • Updated: 41 min ago
  • MLS #: 1016350
8
Beds
5
Baths
0
½ Baths
0.14
Acres
3,390
SQFT
$883
$/SQFT
1907
Built
Neighborhood:
University Place - Bo
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Flatirons
Middle School:
Manhattan
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Large student rental property located in an unbeatable location on University Hill, just steps (literally) from CU Campus. This 10 bed / 6 bath six plex has a smart unit mix of studios, one bed, two beds and a three bed unit, with something for everyone! Leased through the 2024-2025 school year with projected NOI of $147,00 and a 4.9% cap rate.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Levels Two Other Parking Parking Per Unit(1 Space/Unit) Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement Full Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 4.89 Ditches Active YN No Electric ElectricXcel Gas Natural GasXcel Gross Income 211480 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/RentsCommon Area Fees Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 146727 New Construction YN No Operating Expense 64753 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 15853 Tenant Pays DepositGasElectricityCommon Area Maintenance Unit1 Rent 4600 Unit2 Rent 1745 Unit3 Rent 3190 Unit4 Rent 2095 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Boulder Zoning RM-2

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Todd Walsh of Market Real Estate: 3034445040.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2024-10-15T16:41:21.223.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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