NOT LISTED FOR SALE
6 Beds
4 Baths
3,440 Sq Ft
3,752 Sq Ft Lot

Last Sold October 12, 2023

Last sale price $1,490,000 $433 Per Sq Ft

72 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Cul-De-Sac
  • Whittier Elementary School Rated A-
  • Balcony
  • Double Pane Windows

About This Home

As of October 2023

NEW PRICE! Downtown side by side duplex! First time this investment property is being offered by the original owner. Terrific location to Pearl Street, set off of on a quiet dead end street and across from a small neighborhood pocket park. Well maintained with plenty of off street parking & enclosed back patios. Current rents are significantly under current rental market rates. Leases in place until August 2024. Tremendous potential for investor to cosmetically improve the units and raise rents. Possibly add a bedroom in lower level??? Newer HVAC in both units & new exterior paint, new upper decking, basement bathrooms recently remodeled, all decks refinished in 2023. Seller participating in a 1031.

Last Agent to Sell the Property

Lynn Rauh-Ryan

milehimodern - Boulder Listed on: 07/12/2023

Last Buyer's Agent

Lois Joyce

Joyce Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,625

Year Built

  • Built in 1986

Lot Details

  • 3,752 Sq Ft Lot
  • Property fronts an alley
  • Cul-De-Sac
  • West Facing Home
  • Fenced
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Window Treatments
  • Dining Room
  • Painted or Stained Flooring

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0105766

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mini Park Place Sub Subdivision

Building Details

  • Gross Income $76,800
  • Net Operating Income $66,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,625

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.09
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Paved, Concrete
  • Subdivision Name: Mini-Park Place Sub
  • Directions: From Pearl Street go South on 22nd and duplex will be on the East side. Plenty of parking in front of unit.
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3440
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Accessibility Features: Level Lot, Level Drive
  • Has Basement: Full, Partially Finished, Daylight, Sump Pump
  • Total Bedrooms: 6
  • Entry Location: Outside Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: High Speed Internet, Separate Dining Room, Open Floorplan, Shared Baths, Outside Entry
  • Window Features: Window Coverings, Double Pane Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Cul-De-Sac, Level
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame, Composition Siding, Painted/Stained
  • Direction Faces: West
  • Exterior Features: Balcony
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel Energy
  • Heating: Forced Air, Individual Heat Source
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Zoning: MULTI UNIT
  • Lot Size Sq Ft: 3752
  • Parcel #: R0105766
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7625

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 76800

Range of Values:

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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
10/12/2023 10/12/23 Sold $1,490,000 -6.6% $433 / Sq Ft
09/19/2023 09/19/23 Price Changed $1,595,000 -5.9% $464 / Sq Ft
07/12/2023 07/12/23 For Sale $1,695,000 -- $493 / 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: 991974

IRES MLS