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1903 Pine St

Boulder, CO 80302
  • $1,875,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 1021673
UPDATED: 95 min ago
$1,875,000
  • 7
    BEDS
  • 0.16
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,154
    SQFT
  • $594
    $/SQFT
Type:
Multi-Family
Built:
1910
County:

School Information

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

Description

Welcome to 1903 Pine, a prime investment opportunity nestled in the heart of Whittier. This charming property not only offers an excellent return on investment but also places you just steps away from the vibrant Pearl Street, filled with eclectic restaurants, shops, and local amenities. With professional management already in place, the property maintains an impressive 100% occupancy rate. Current leases extend through July 2025, ensuring a steady income stream right from the start. Consider the unique opportunity to live in one of the units while leasing out the others. This setup allows for supplemental income, making it an ideal choice for both investors and those looking for a home with added financial benefits. The property boasts an abundance of character, making it not just an investment, but a place that feels like home. Its unique architecture and well-maintained grounds will attract quality tenants and create a welcoming environment!

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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: 2024-12-12T23:41:25.503.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/157432282
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1903 Pine St Boulder, CO 80302

  • Price: $1,875,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 95 min ago
  • MLS #: 1021673
7
Beds
5
Baths
0
½ Baths
0.16
Acres
3,154
SQFT
$594
$/SQFT
1910
Built
Neighborhood:
Boulder O T East & West & North - Bo
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Whittier
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Welcome to 1903 Pine, a prime investment opportunity nestled in the heart of Whittier. This charming property not only offers an excellent return on investment but also places you just steps away from the vibrant Pearl Street, filled with eclectic restaurants, shops, and local amenities. With professional management already in place, the property maintains an impressive 100% occupancy rate. Current leases extend through July 2025, ensuring a steady income stream right from the start. Consider the unique opportunity to live in one of the units while leasing out the others. This setup allows for supplemental income, making it an ideal choice for both investors and those looking for a home with added financial benefits. The property boasts an abundance of character, making it not just an investment, but a place that feels like home. Its unique architecture and well-maintained grounds will attract quality tenants and create a welcoming environment!
Exterior Features

Architectural Style Cottage/Bung Construction Materials Wood/FrameBrick/Brick Veneer Fencing Partial Horse YN No Levels Bi-Level Lot Features CurbsSidewalksLawn Sprinkler SystemCorner Lot Other Parking Parking Per Unit(1.5 Spaces/Unit) Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement Partial Fireplace Features Masonry Fireplace YN Yes Heating Forced AirBaseboardRadiant Heating YN Yes Interior Features Eat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Est Sq Ft 1300 Unit1 Total Baths 2 Unit2 Bedrooms 0 Unit2 Est Sq Ft 350 Unit2 Total Baths 1 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1200 Unit3 Total Baths 2

Property Features

Association YN No Cap Rate 4.73 Ditches Active YN No Electric ElectricXcel Exclusions Tenants personal belongings Gas Natural GasXcel Gross Income 120961 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 88756 New Construction YN No Number Of3 Bedroom Units 1 Operating Expense 32205 Possible Use Single FamilyMulti-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 10827 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewer Unit1 Rent 4400 Unit2 Rent 1395 Unit3 Rent 3450 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Boulder Zoning RMX1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of P Caldwell Sullivan of Four Star Rlty & Prop Mgmt: 3034490064.



© 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: 2024-12-12T23:41:25.503.

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