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867 18th St

Boulder, CO 80302
  • $1,500,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1008458
UPDATED: 115 min ago
$1,500,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,776
    SQFT
  • $845
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Information

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

Description

Invest in a prime piece of real estate in one of the most sought-after locations in Colorado. This fully leased duplex sits across from CU Boulder Campus on 18th Street, and features a 4 Bed/1 Bath unit in the front and a 2 Bed/1 Bath in the back. Each unit comes with its own laundry and onsite parking, and is pre-leased through 07/2025. Gross income for the upcoming school year totals $93,792, offering investors a stable source of rental income in a thriving market.

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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: 2024-05-30T16:43:51.837.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.propertycrushers.com/homes/150098079
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867 18th St Boulder, CO 80302

  • Price: $1,500,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 115 min ago
  • MLS #: 1008458
6
Beds
3
Baths
0
½ Baths
0.14
Acres
1,776
SQFT
$845
$/SQFT
1984
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
Invest in a prime piece of real estate in one of the most sought-after locations in Colorado. This fully leased duplex sits across from CU Boulder Campus on 18th Street, and features a 4 Bed/1 Bath unit in the front and a 2 Bed/1 Bath in the back. Each unit comes with its own laundry and onsite parking, and is pre-leased through 07/2025. Gross income for the upcoming school year totals $93,792, offering investors a stable source of rental income in a thriving market.
Exterior Features

Construction Materials Wood/Frame Horse YN No Levels Two Other Parking Parking Per Unit(2 Spaces/Unit) Roof Wood Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 4.93 Ditches Active YN No Electric Electric Gas Natural Gas Gross Income 93792 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 73902 New Construction YN No Operating Expense 19890 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 10635 Tax Year 2023 Tenant Pays DepositGasElectricityWater Unit1 Rent 4540 Unit2 Rent 2970 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Boulder Zoning RM-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: 2024-05-30T16:43:51.837.

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