NOT LISTED FOR SALE
8 Beds
7 Baths
4,696 Sq Ft
9,035 Sq Ft Lot

Last Sold June 09, 2022

Last sale price $2,825,000 $602 Per Sq Ft

25 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Air Conditioning
  • Flatirons Elementary School Rated A
  • Balcony
  • 2-minute walk to Chautauqua Playground

About This Home

As of June 2022

Exceptionally rare 5-unit multi-family investment opportunity with an unparalleled location directly across the street from Chautauqua Park. Located on a giant corner lot, this classic Chautauqua house built in 1909 features impeccable original craftsmanship with period architectural details and modern updates throughout. Smart-Regs Energy Compliant and fully licensed for 5 dwelling units and 1 rooming unit for a maximum of 16 unrelated occupants. Incredible wrap around porch with views of the Flatirons and the Park. Large, well-landscaped yard with privacy fence. Very well-maintained, with a new roof from 2014, a new sewer line from 2017, a high efficiency boiler and water heater installed in 2012, and the vast majority of windows recently upgraded. Potential to increase rents. On-site coin operated shared laundry room; off-street parking. Main level: Unit 1--3BR; 2 BA w/bonus/office room; 2nd Level: Unit 2--1 BR 1 BA; Unit 3--1 BR 1 BA; Garden: Unit 4--1 BR 1 BA; Unit 5--2 BR 2 BA

Last Listed By

John Hunter

John Hunter Listed on: 04/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,561

Year Built

  • Built in 1909

Lot Details

  • 9,035 Sq Ft Lot
  • Southern Exposure
  • Fenced
  • Corner Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,696 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Basement

  • Walk-Out Basement
  • Natural lighting in basement

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Gas Grill

Schools

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

Utilities

  • Air Conditioning
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0007584

Community Details

Overview

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

Building Details

  • Gross Income $125,760
  • Net Operating Income $106,131

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,561

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Year Built: 1909
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: University Place
  • Directions: From Baseline and Broadway, West on Baseline. Property is on the right, across from Chautauqua.
  • Unit Levels: Tri-Level
  • New Construction: No
  • Efficiency: Southern Exposure
  • Building Stories: 3
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Single Family, Multi-Family
  • Private Spa: No
  • Appliances: All Appliances
  • Has Basement: Walk-Out Access, Daylight
  • Total Bedrooms: 8
  • Interior Amenities: High Speed Internet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Corner Lot
  • View: Foothills View
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Gas Grill, Lighting, Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Parking Features: Alley Access

Utilities

  • Cooling: Room Air Conditioner, Ceiling Fan(s)
  • Electric: Electric, Master Meter-Electric, Xcel
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Master Meter-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: RL-1
  • Lot Size Sq Ft: 9035
  • Parcel #: R0007584
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12561

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 125760
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 19629

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
06/09/2022 06/09/22 Sold $2,825,000 -4.2% $602 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $2,950,000 -- $628 / 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: 963107

IRES MLS