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740 30th St

Boulder, CO 80303
  • $1,240,000
  • STATUS: Active
  • ON SITE: 149 Days
  • MLS #: 961227
UPDATED: 61 min ago
$1,240,000
  • 8
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,208
    SQFT
  • $562
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Information

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

Description

Fully licensed and legal duplex close to campus off 30th St., just south of Baseline. Conforms to Boulder Smart Regs. Added insulation including crawl space. High efficiency furnaces. Each unit has off-street parking for 3 vehicles including one carport per unit, plus driveway and extra pad. Shared storage unit. Extra large yard. Both units are fully leased from Aug. 22' - 23' at $2,700 per month. 4th bedroom in unit 740 is non-conforming & is accessed from the 3rd bedroom. 742 4th bedroom can be accessed from 3rd bedroom, but also has an outside entrance. Great investment property with room for improvement. Property shows like the long term student rental that it is, and therefore may be under rented. But updating the interior and potentially increasing the rents to 3,200/mo. could boost the CAP Rate to nearly 4.7%.

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© 2022 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: 2022-08-18T23:40:48.983.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/126938602
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740 30th St Boulder, CO 80303

  • Price: $1,240,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 61 min ago
  • MLS #: 961227
8
Beds
0
Baths
0
½ Baths
0.19
Acres
2,208
SQFT
$562
$/SQFT
1962
Built
Neighborhood:
Baseline
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Creekside
Middle School:
Manhattan
High School:
Fairview
School District:
Boulder Valley Dist Re2
Property Description
Fully licensed and legal duplex close to campus off 30th St., just south of Baseline. Conforms to Boulder Smart Regs. Added insulation including crawl space. High efficiency furnaces. Each unit has off-street parking for 3 vehicles including one carport per unit, plus driveway and extra pad. Shared storage unit. Extra large yard. Both units are fully leased from Aug. 22' - 23' at $2,700 per month. 4th bedroom in unit 740 is non-conforming & is accessed from the 3rd bedroom. 742 4th bedroom can be accessed from 3rd bedroom, but also has an outside entrance. Great investment property with room for improvement. Property shows like the long term student rental that it is, and therefore may be under rented. But updating the interior and potentially increasing the rents to 3,200/mo. could boost the CAP Rate to nearly 4.7%.
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameWood SidingPainted/Stained Direction Faces East Fencing PartialWood Horse YN No Lot Features LevelWithin City Limits Road Frontage Type City Street Road Surface Type Asphalt Roof Composition Spa YN No Structure Type Legal ConformingDuplex View Foothills View Waterfront YN No

Interior Features

Appliances Electric Range/OvenRefrigeratorWasherDryerMicrowaveDisposal Basement NoneCrawl Space Flooring Wood Floors Heating Forced AirIndividual Heat Source Heating YN Yes Interior Features High Speed InternetOpen Floorplan Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Est Sq Ft 1104 Unit1 Total Baths 1 Unit2 Bedrooms 4 Unit2 Est Sq Ft 1104 Unit2 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 4.19 Ditches Active YN No Electric Separate Meter ElectricityXcel Exclusions Tenant Possessions Gas Natural GasSeparate Meter GasXcel Green Energy Efficient HvacThermostat Gross Income 64800 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 52010 New Construction YN No Operating Expense 12790 Possible Use Multi-Family Property Condition Not NewPreviously Owned Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 4397 Tax Year 2021 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 2700 Unit2 Rent 2700 Utilities Natural Gas AvailableCable Available Water Source City WaterCity Of Boulder Zoning Rm2

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of John Chamberlin of Re/Max Of Boulder, Inc: [IDXCONTACTINFORMATION].



© 2022 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: 2022-08-18T23:40:48.983.

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