NOT LISTED FOR SALE
9 Beds
5 Baths
4,077 Sq Ft
0.27 Acres

Last Sold April 01, 2019

Last sale price $1,515,000 $372 Per Sq Ft

40 Days on Market

Highlights

  • Deck
  • No HOA
  • Brick Veneer
  • Eisenhower Elementary School Rated A
  • Balcony
  • Patio

About This Home

As of April 2019

Well-maintained/attractive 4-plex. 3 2bd/1ba Units plus 1 3bd/2ba unit. Stable tenants. Most tenants stay multiple years. New Class-4 Roof being installed. New exterior paint. Newer boiler. Sprinkler System. Utilities are paid by tenants. Close to shopping, bus lines, access to Denver. Not a typical Boulder rental. Smart-Regs compliant. Washer/Dryer hookup in every unit. Each Unit has private yard. Licensed Owner. Seller to complete 1031 exchange, Buyer to cooperate. 24 hr Notice Please.

Last Agent to Sell the Property

Dale Hanssen

Mapleton Management Listed on: 01/15/2019

Last Buyer's Agent

Matthew Binger

Smart Choice Real Estate, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,771

Year Built

  • Built in 1962

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,077 Sq Ft Home
  • 1.5-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Eisenhower Elementary School
  • Manhattan Middle School
  • Fairview High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Hot Water Heating System
  • Propane

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0014877

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Frasier Meadows Subdivision

Building Details

  • Gross Income $99,528
  • Net Operating Income $81,953

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,771

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Subdivision Name: Frasier Meadows
  • Directions: E. on Baseline, S. on Inca, L. on Comanche
  • Unit Levels: One and One Half
  • New Construction: No
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 4077
  • Special Features: None
  • Stories: 0

Interior Features

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

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Exterior Features: Balcony
  • Patio And Porch Features: Patio, Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Hot Water, Baseboard, Zoned
  • Utilities: Natural Gas Available, Electricity Available, Propane
  • 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: Eisenhower
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Manhattan

Lot Info

  • Zoning: Multi-Fam
  • Lot Size Sq Ft: 11761
  • Parcel #: R0014877
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4771

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 99528.2
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 17575

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 Change Sq Ft Price
07/02/2019 07/02/19 Off Market $1,515,000 -- --
04/01/2019 04/01/19 Sold $1,515,000 -2.3% $372 / Sq Ft
02/08/2019 02/08/19 Price Changed $1,549,900 -1.6% $380 / Sq Ft
01/15/2019 01/15/19 For Sale $1,575,000 -- $386 / 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: 869949

IRES MLS

APN: 1577-04-2-02-018