NOT LISTED FOR SALE
12 Beds
4 Baths
3,658 Sq Ft
5,227 Sq Ft Lot

Last Sold December 27, 2022

Last sale price $3,200,000 $875 Per Sq Ft

33 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Heating Available
  • Flatirons Elementary School Rated A
  • Community Storage Space

About This Home

As of December 2022

BOULDER INVESTMENT OPPORTUNITY. This beautiful brick triplex is the ideal student rental. It is located only a of couple blocks from CU campus and Hill restaurants and shops. It has three units with a total of 12 bedrooms. The property is consistently rented and already pre-leased until Aug 2023. Rent roll ($205,200 gross rents) and Cap Rate (4.7%), GRM 16.81. Rent roll and operating expenses available upon request.

Last Agent to Sell the Property

Bianca Griffith

RE/MAX of Boulder, Inc Listed on: 09/12/2022

Last Buyer's Agent

Michael Greenwood

RE/MAX of Boulder, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,686

Year Built

  • Built in 1901

Lot Details

  • 5,227

Home Design

  • Brick Veneer

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms

Schools

  • Flatirons Elementary School
  • Manhattan Middle School
  • Boulder High School

Additional Features

  • 5,227 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0006787

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Capitol Hill Bo Subdivision

Amenities

  • Community Storage Space

Building Details

  • Gross Income $205,200
  • Net Operating Income $189,514

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,686

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Year Built: 1901
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.12
  • Subdivision Name: CAPITOL HILL - BO
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3658
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Gas Range/Oven
  • Has Basement: Full
  • Total Bedrooms: 12
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Other
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric
  • Heating: Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Water Source: City Water, Boulder
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Flatirons
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 5227
  • Parcel #: R0006787
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 205200
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 15686

Tax Info

  • Tax Annual Amount: 15686

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2022 12/27/22 Sold $3,200,000 -7.2% $875 / Sq Ft
10/23/2022 10/23/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $3,450,000 -- $943 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 975250

IRES MLS

APN: 1463-31-2-37-006