$1,100,000
$1,240,000
11.3%For more information regarding the value of a property, please contact us for a free consultation.
8,276 Sqft Lot
SOLD DATE : 12/08/2022
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Baseline
MLS Listing ID IR961227
Sold Date 12/08/22
HOA Y/N No
Originating Board recolorado
Year Built 1962
Annual Tax Amount $4,397
Tax Year 2021
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Fully licensed and legal duplex close to campus off 30th St., just south of Baseline. Conforms to Boulder Smart Regs. Added insulation including crawl space. High efficiency furnaces. Each unit has off-street parking for 3 vehicles including one carport per unit, plus driveway and extra pad. Shared storage unit. Extra large yard. Both units are fully leased from Aug. 22' - 23' at $2,700 per month. 4th bedroom in unit 740 is non-conforming & is accessed from the 3rd bedroom. 742 4th bedroom can be accessed from 3rd bedroom, but also has an outside entrance. Great investment property with room for improvement. Property shows like the long term student rental that it is, and therefore may be under rented. But updating the interior and potentially increasing the rents to 3,200/mo. could boost the CAP Rate to nearly 4.7%.
Location
State CO
County Boulder
Zoning RM2
Rooms
Basement Crawl Space, None
Interior
Interior Features Open Floorplan, Smart Thermostat
Heating Forced Air
Flooring Wood
Fireplace N
Appliance Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Fence Fenced, Partial
Utilities Available Cable Available, Internet Access (Wired), Natural Gas Available
View Mountain(s)
Roof Type Composition
Total Parking Spaces 6
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Frame,Wood Siding
Schools
Elementary Schools Creekside
Middle Schools Manhattan
High Schools Fairview
School District Boulder Valley Re 2
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Folsom & Co. Real Estate