$1,090,000
SOLD AUG 27, 2021
4 Beds
2 Baths
1,556 Sq Ft
6,337 Sq Ft Lot

Recently Sold

$701 Per Sq Ft

2% Above List Price

3 Days on Market

Highlights

  • Wood Flooring
  • Tudor Architecture
  • No HOA
  • Flatirons Elementary School Rated A
  • Corner Lot
  • Brick Veneer

About This Home

As of November 2024

Calling all CU Parents, Investors and Developers! University Hill Student Rental Investment less than 1 mile to Univ of Colorado. Side by side duplex, 2bd/1ba each side. Zoned RM-2 allows for 4 unrelated occupants per unit. Could also be converted to single family with legal ADU. Not in the historic district. Buyer to verify all with planning dept. Renovated rents in this neighborhood average $1400-$1500/per bedroom. Newer sewer. 1 car attached garage. Rents are estimates, has been under rented for many years. Smart Regs compliant. Student rentals in Boulder continue to be stable investments with consistent rising cash flow and year over year appreciation. Perfect investment for your CU student and improve the other side or develop down the road.

Last Agent to Sell the Property

Amy LaBorde

Compass - Boulder Listed on: 08/12/2021

Compass - Boulder

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1938

Lot Details

  • 6,337 Sq Ft Lot
  • Corner Lot

Home Design

  • Tudor Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Window Treatments
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Primary bathroom on main floor

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • No Interior Steps
  • Outdoor Storage

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, trash collection
  • Assessor Parcel Number R0002105

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • University Place Subdivision

Building Details

  • Gross Income $61,200
  • Net Operating Income $53,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,734

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.15
  • Subdivision Name: University Place
  • Directions: From Broadway, go West on Baseline, North on 17th, on SE corner of 17th and Cascade.
  • Architectural Style: Tudor, Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1556
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
  • Accessibility Features: No Stairs, Main Floor Bath, Main Level Bedroom
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Electric
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Other Structures: Storage
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Forced Air, Hot Water, Baseboard
  • 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

Schools

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

Lot Info

  • Zoning: RM-2
  • Lot Size Sq Ft: 6337
  • Parcel #: R0002105
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5734

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 61200
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 7734

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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
05/17/2025 05/17/25 Off Market $2,500 -- --
04/01/2025 04/01/25 For Rent $2,500 0.0% --
04/01/2025 04/01/25 Price Changed $2,500 -10.7% $4 / Sq Ft
12/29/2024 12/29/24 Off Market $2,800 -- --
11/24/2024 11/24/24 Price Changed $2,800 -12.5% $4 / Sq Ft
11/10/2024 11/10/24 Price Changed $3,200 -5.9% $5 / Sq Ft
11/09/2024 11/09/24 For Rent $3,400 0.0% --
11/01/2024 11/01/24 Sold $1,300,000 -2.3% $835 / Sq Ft
09/25/2024 09/25/24 For Sale $1,330,000 +22.0% $855 / Sq Ft
11/25/2021 11/25/21 Off Market $1,090,000 -- --
08/27/2021 08/27/21 Sold $1,090,000 +1.9% $701 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,070,000 -- $688 / 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: 948337

IRES MLS