NOT LISTED FOR SALE
4 Beds
2 Baths
1,556 Sq Ft
5,985 Sq Ft Lot

Last Sold May 22, 2019

Last sale price $1,520,000 $977 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • 2-minute walk to Bald Mountain Scenic Area
  • Whittier Elementary School Rated A-
  • Radiant Heating System

About This Home

As of May 2019

Incredible opportunity to own a historic tri-plex in the heart of Downtown Boulder. First time for sale in over a decade and one of only a handful in the area. Impeccable rental history with solid cash flow and 0% vacancy. A three bedroom, a two bedroom and a studio unit combine to create this charming multifamily building. Walking distance to all of Boulder's finest amenities. This asset is the definition of a stable investment.

Last Agent to Sell the Property

Jay Hebb

The Agency - Boulder License #40036182 Listed on: 04/24/2019

The Agency - Boulder

Co-Listed By

Latitude40 Real Estate

RE/MAX Alliance on Walnut

Last Buyer's Agent

Jennifer Crow

RE/MAX Professionals Ken Caryl License #40047461

RE/MAX Professionals Ken Caryl

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 5,985

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Whittier Elementary School
  • Casey Middle School
  • Boulder High School

Additional Features

  • 5,985 Sq Ft Lot
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0511208

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Chamberlains Subdivision

Building Details

  • Gross Income $90,924
  • Net Operating Income $90,924

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

5,985 Sq Ft Lot

Listing Details

  • Year Built: 1900
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: REWT
  • Subdivision Name: Chamberlains
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1556
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: 90%+ Finished Basement
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Electric: Electric, Xcel
  • Heating: Radiant
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: RH-2
  • Lot Size Sq Ft: 5985
  • Parcel #: R0511208
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 90924
  • Income Includes: ["Lease/Rents"]
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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
08/20/2019 08/20/19 Off Market $1,520,000 -- --
05/22/2019 05/22/19 Sold $1,520,000 -4.7% $977 / Sq Ft
04/24/2019 04/24/19 For Sale $1,595,000 -- $1,025 / Sq Ft
Source: IRES MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,826 $87,757 $55,213 $32,544
2024 $8,826 $87,757 $55,213 $32,544
2023 $8,665 $97,733 $65,285 $36,133
2022 $7,222 $75,351 $47,804 $27,547
2021 $7,045 $79,230 $50,265 $28,965
2020 $5,804 $66,674 $47,119 $19,555
2019 $5,715 $66,674 $47,119 $19,555
2018 $5,097 $58,788 $34,488 $24,300
2017 $4,937 $64,993 $38,128 $26,865
2016 $5,122 $59,167 $34,706 $24,461
2015 $4,850 $44,966 $22,925 $22,041
2014 $3,781 $44,966 $22,925 $22,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE878743

IRES MLS
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