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843 17th St

Boulder, CO 80302
  • $1,900,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 1008593
UPDATED: 60 min ago
$1,900,000
  • 8
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,090
    SQFT
  • $909
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Information

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

Description

Say hello to reliable cashflow! 843 17th Street is a fully leased income property on University Hill. Students love calling this property home because of its proximity to campus and the vibrancy of the surrounding neighborhood. Scheduled Gross Rents for the 24-25 school year are $11,336 per month! A 5.35 cap rate with management fees included.

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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 Re/Max Alliance. Data last updated: 2024-05-30T14:43:31.247.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.propertycrushers.com/homes/150136171
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843 17th St Boulder, CO 80302

  • Price: $1,900,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 60 min ago
  • MLS #: 1008593
8
Beds
4
Baths
0
½ Baths
0.15
Acres
2,090
SQFT
$909
$/SQFT
1924
Built
Neighborhood:
University Place - Bo
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Flatirons
Middle School:
Manhattan
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Say hello to reliable cashflow! 843 17th Street is a fully leased income property on University Hill. Students love calling this property home because of its proximity to campus and the vibrancy of the surrounding neighborhood. Scheduled Gross Rents for the 24-25 school year are $11,336 per month! A 5.35 cap rate with management fees included.
Exterior Features

Construction Materials Wood/FrameStone Horse YN No Levels Two Other Parking Parking Per Unit(2 Spaces/Unit) Road Frontage Type City Street Roof Slate Spa YN No Waterfront YN No

Interior Features

Appliances Gas Range/OvenRefrigerator Basement Full Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 2 Unit2 Bedrooms 4 Unit2 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.28 Ditches Active YN No Electric ElectricXcel Energy Gas Natural Gas Gross Income 136032 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/RentsCommon Area Fees Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 100417.87 New Construction YN No Operating Expense 35614.13 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 8454 Tax Year 2023 Tenant Pays DepositGasElectricityWater Unit1 Rent 5580 Unit2 Rent 5180 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Boulder Zoning RH-2

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Todd Walsh of Market Real Estate: 3034445040.



© 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 Re/Max Alliance. Data last updated: 2024-05-30T14:43:31.247.

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