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943 University Ave

Boulder, CO 80302
  • $2,200,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • MLS #: 1025072
Pending
UPDATED: 146 min ago
$2,200,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,106
    SQFT
  • $708
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Information

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

Description

Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.

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© 2025 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: 2025-02-12T23:41:14.283.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/159673285
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943 University Ave Boulder, CO 80302

  • Price: $2,200,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 146 min ago
  • MLS #: 1025072
8
Beds
4
Baths
0
½ Baths
0.13
Acres
3,106
SQFT
$708
$/SQFT
1960
Built
Neighborhood:
Grand View Heights
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Flatirons
Middle School:
Manhattan
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.
Exterior Features

Architectural Style Raised Ranch Construction Materials Wood/FrameBrick/Brick Veneer Horse YN No Levels Raised Ranch Lot Features SidewalksCorner Lot Other Parking Parking Per Unit(2 Spaces/Unit) Road Frontage Type City StreetAlley Road Surface Type Asphalt Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement Full Fireplace Features None Fireplace YN No Heating Baseboard Heating YN Yes Interior Features Walk-In Closet(s) Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 2 Unit2 Bedrooms 4 Unit2 Total Baths 2

Property Features

Association YN No Cap Rate 5.54 Ditches Active YN No Electric Electric Gas Natural Gas Gross Income 153891 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Boulder Net Operating Income 121814 New Construction YN No Operating Expense 32077 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 9117 Tax Year 2024 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Utilities Natural Gas AvailableElectricity Available Water Source City WaterPublic Zoning Dup/Triple

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Jennifer Rutherford of WK Real Estate: 7205646097.



© 2025 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: 2025-02-12T23:41:14.283.

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