$1,425,000
SOLD OCT 3, 2024

874 University Ave Boulder, CO 80302

University Hill Neighborhood
6 Beds
2 Baths
1,872 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$761 Per Sq Ft

49 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Fireplace
  • Flatirons Elementary School Rated A
  • No HOA
  • Brick Veneer

About This Home

As of October 2024

Prime location on University Hill with easy access to CU, Chautauqua and blocks away from Pearl Street! This 6 bedroom/2 bathroom home is divided into 2 separate units (3 bedrooms/1 bathroom per unit, up/down). Home is leased August 2024-August 2025. This versatile home offers the unique advantage of two distinct units, making it an ideal investment opportunity. Each unit boasts its own private entrance, ensuring both comfort and privacy for residents. Upstairs you will find refinished hardwood floors and fresh paint. The spacious living area with fireplace, and three bedrooms and bonus room has lots of natural light creating warm and inviting spaces. On the lower level, 3 more bedrooms, bathroom and large kitchen await you. Outside on the deck or in the yard you can enjoy views of the Flatirons and Foothills while soaking up that Colorado sunshine. Large backyard with sprinkler system (front and back yard). Five off-street designated parking spaces just off the alley. The garage is ideal for storing gear. Covered bike parking. Don't miss this fantastic investment opportunity!

Last Agent to Sell the Property

Siân Murphy

RE/MAX Alliance-Boulder Listed on: 08/15/2024

Last Buyer's Agent

Siân Murphy

RE/MAX Alliance-Boulder Listed on: 08/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,448

Year Built

  • Built in 1922

Lot Details

  • 6,970 Sq Ft Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Window Treatments
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, trash collection
  • Assessor Parcel Number R0006398

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Buena Vista Heights Subdivision

Building Details

  • Gross Income $78,660
  • Net Operating Income $70,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,448

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.16
  • Subdivision Name: Buena Vista Heights
  • Architectural Style: Ranch
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1872
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Has Basement: Full
  • Total Bedrooms: 6
  • Fireplace Features: Single Fireplace
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas

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: Res
  • Lot Size Sq Ft: 6970
  • Parcel #: R0006398
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8448

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 78660
  • Annual Operating Expense: 8448

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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
10/03/2024 10/03/24 Sold $1,425,000 0.0% $761 / Sq Ft
08/15/2024 08/15/24 For Sale $1,425,000 -- $761 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Siân Murphy

    Seller's Agent in 2024

    Siân Murphy

    RE/MAX

    (720) 936-2309

    4 in this area

    126 Total Sales

    Siân Murphy
    Section Image
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Map

Source: IRES MLS

MLS Number: 1016588

IRES MLS

Colorado Boulder County Boulder 80302 University Hill

874 University Ave, Boulder, CO

This home is located at 874 University Ave, Boulder, CO 80302 and is currently priced at $1,425,000, approximately $761 per square foot. This property was built in 1922. 874 University Ave is a home located in Boulder County with nearby schools including Flatirons Elementary School, Manhattan Middle School of the Arts & Academics, and Boulder High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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