Price Reduction - Views
Address
965 11th St Boulder, CO
Price
$ 1,799,900
Property Attributes
  • MLS#950348
  • TypeIncome
  • CountyBOULDER
  • CityBoulder
  • AreaUniversity Place
  • NeighborhoodUniversity Place
  • Zip80302
  • StyleBi-Level
  • Year Built1904
  • Taxes$ 11078
  • Price$ 1,799,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3247
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Folsom & Co. Real Estate
Data Source:
Information and Real Estate Services (IRES) - 19 - CO
Property Description

Classic University Hill home configured as legal 4-plex student rental property near the center of CU Boulder's main campus. Below market rents with lots of upside potential. Current leases expire July 2022. Home is also perfectly positioned on a quiet block, close to Chautauqua Park for a partial or full conversion to single-family. Four units: 8 total bedrooms and 4 baths. Occupancy per rental license is 3 per unit, 12 total. As - is, no repairs. Please review photos, 3D tour, floor plans, lease summary and due diligence docs before tour.

Elementary School Middle School High School
Flatirons Elementary School Manhattan Middle School Boulder High School
Price History
9/6/2021 Listed $1,952,000
10/16/2021 2% - $1,928,000
11/4/2021 3% - $1,880,000
11/23/2021 5% - $1,799,900

General Features

Capitalization Rate 4.35
County Boulder
Heating Forced Air, Wall Heater
Listing Type Income Property
Locale Boulder
Net Operating Income 78356.0000
Ownership Partnership
School District Boulder Valley Dist RE2
Subdivision University Place
Total Number of Units 4
Total Operating Epense 11078.0000
Type Cottage/Bung, Legal Non-conforming
Utilities Natural Gas, Electric
Zoning LR

Exterior Features

Inclusions All Appliances, Smoke Alarm(s)
Outdoor Features Lawn Sprinkler System, Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80302

Price
AVG $2.68M
$1.8M
Taxes
AVG $11,220
$11,078
Visits
AVG 34
23
Year Built
AVG 1950
1904
Walkscore
AVG 85
84
Data Provided by Walkscore ® not using MLS data

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