NOT LISTED FOR SALE

1164 10th St Boulder, CO 80302

University Hill Neighborhood
9 Beds
3 Baths
3,180 Sq Ft
7,020 Sq Ft Lot

Last Sold March 11, 2021

Last sale price $2,925,000 $920 Per Sq Ft

160 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Brick Veneer
  • Flatirons Elementary School Rated A
  • Balcony
  • Patio

About This Home

As of March 2021

Student Rental Investment. Triplex, 3 lvls, 3bd/1ba on each lvl. One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.

Last Agent to Sell the Property

Amy LaBorde

Compass - Boulder Listed on: 08/27/2020

Compass - Boulder

Last Buyer's Agent

Stan Lanzano

Eldorado Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,802

Year Built

  • Built in 1920

Lot Details

  • 7,020 Sq Ft Lot
  • West Facing Home

Home Design

  • Duplex
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Stone

Interior Spaces

  • 3,180 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Mountain Views

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Balcony
  • Patio

Schools

  • Flatirons Elementary School
  • Boulder High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, interior maintenance, common area maintenance, trash collection, parking fee
  • Assessor Parcel Number R0001013

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • University Terrace Subdivision

Building Details

  • Gross Income $187,767
  • Net Operating Income $157,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,802

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Year Built: 1920
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: University Terrace
  • Directions: From Broadway, West on college, N on 10th, Btwn College & Pennsylvania on 10th.
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3180
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, Walk-Out Access
  • Total Bedrooms: 9
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Stone
  • Direction Faces: West
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: RH-5
  • Lot Size Sq Ft: 7020
  • Parcel #: R0001013
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer, Interior Maintenance, Common Area Maintenance, Trash Collection, Parking Fee

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9802

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 187767
  • Income Includes: ["Lease/Rents","Deposits Forfeited","Common Area Fees","Lease Overage","Parking"]

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
06/09/2022 06/09/22 Off Market $2,925,000 -- --
03/11/2021 03/11/21 Sold $2,925,000 0.0% $920 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
08/27/2020 08/27/20 For Sale $2,925,000 -- $920 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amy LaBorde

    Seller's Agent in 2021

    Amy LaBorde

    Compass - Boulder

    (720) 771-8271

    7 in this area

    26 Total Sales

    Amy LaBorde
    Section Image
  • Stan Lanzano

    Buyer's Agent in 2021

    Stan Lanzano

    Eldorado Real Estate

    (720) 525-9874

    3 in this area

    3 Total Sales

    Stan Lanzano
    Section Image
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Map

Source: IRES MLS

MLS Number: 922355

IRES MLS
Colorado Boulder County Boulder 80302 University Hill

1164 10th St, Boulder, CO

Not Listed for Sale

MultiFamily

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

Listing 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 deemed reliable but not guaranteed by the MLS.

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