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435 Manhattan Dr

Boulder, CO 80303
  • $1,875,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 1022733
UPDATED: 34 min ago
$1,875,000
  • 8
    BEDS
  • 0.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,222
    SQFT
  • $582
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

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

Description

Grab this exceptional investment opportunity with this fully remodeled 8-bedroom Boulder triplex! The units have all been upgraded with high-end modern finishes to offer comfort and attract top tier tenants. The kitchens include new cabinets, quartz counters, marble back-splashes and stainless steel appliances. The units have been upgraded with durable LVP flooring, new trim, and the bathrooms have been beautifully finished with marble. Furnished units will be conveyed to buyer with furnishings included. With over a 5 cap rate this property makes great investment. It can also make a great house-hack - live in one unit and rent out the other units to subsidize your mortgage. The property includes two two-bedroom one-bath units, and one four-bedroom two-bath unit. The property is ideally located near to the East Boulder Rec-Center, Base-Mar shopping Center, open space trails, CU campus, and much more.

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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: 2024-12-04T19:41:01.303.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/158242198
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435 Manhattan Dr Boulder, CO 80303

  • Price: $1,875,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 34 min ago
  • MLS #: 1022733
8
Beds
4
Baths
0
½ Baths
0.24
Acres
3,222
SQFT
$582
$/SQFT
1969
Built
Neighborhood:
Keewaydin Meadows 2
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Eisenhower
Middle School:
Manhattan
High School:
Fairview
School District:
Boulder Valley Dist Re2
Property Description
Grab this exceptional investment opportunity with this fully remodeled 8-bedroom Boulder triplex! The units have all been upgraded with high-end modern finishes to offer comfort and attract top tier tenants. The kitchens include new cabinets, quartz counters, marble back-splashes and stainless steel appliances. The units have been upgraded with durable LVP flooring, new trim, and the bathrooms have been beautifully finished with marble. Furnished units will be conveyed to buyer with furnishings included. With over a 5 cap rate this property makes great investment. It can also make a great house-hack - live in one unit and rent out the other units to subsidize your mortgage. The property includes two two-bedroom one-bath units, and one four-bedroom two-bath unit. The property is ideally located near to the East Boulder Rec-Center, Base-Mar shopping Center, open space trails, CU campus, and much more.
Exterior Features

Construction Materials Wood/FrameBrick/Brick VeneerVinyl Siding Fencing Partial Horse YN No Levels Two Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowaveAll AppliancesDisposal Basement None Heating Baseboard Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 745 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 742 Unit2 Total Baths 1 Unit3 Bedrooms 4 Unit3 Est Sq Ft 1343 Unit3 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.73 Ditches Active YN No Electric ElectricSeparate Meter ElectricityXcel Energy Gas Natural GasXcel Energy Gross Income 132000 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalFHAVA Loan1031 Exchange Locale Boulder Net Operating Income 107411.56 New Construction YN No Number Of2 Bedroom Units 2 Operating Expense 24588.44 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Special Listing Conditions Private OwnerLicensed OwnerPartnership Tax Annual Amount 5207.44 Tax Year 2024 Tenant Pays DepositGasElectricityWaterSewer Unit1 Rent 3080 Unit2 Rent 3000 Unit3 Rent 4920 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Boulder Zoning RES

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Bianca Griffith of RE/MAX of Boulder, Inc: 7209015611.



© 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: 2024-12-04T19:41:01.303.

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