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Income Property

1100 10th St, Boulder, Colorado 80302

3,779 Sqft
$2,925,000
Property Description

Student Rental Investment. Duplex 3 lvls #A (Main, Up) 4Bd/2Ba, #B (Bsmt) 4Bd/ 1Ba. One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1120, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.

Income
5.22
$187,852
$152,670
2
$35,182
Facts and Features
: Forced Air
Re/max Alliance On Walnut
96
95
From Broadway, West on College, North on 10th St., between College and Pennsylvania on 10th.
Flatirons
: Walk-out Basement, Full Basement
: Common Laundry
: Stone, Wood/frame, Brick/brick Veneer
: Dishwasher, Window Coverings, Refrigerator, Clothes Washer, Clothes Dryer, Electric Range/oven
: Corner Lot, House Faces West
: Cash, Conventional, 1031 Exchange, Fha, Va
Boulder
Other
Boulder Valley Dist RE2
: Patio
: Multi Family
2 Spaces/Unit
: 3 Story
: Duplex
: Natural Gas, Electric, Cable Tv Available
RH-5
No
11.28.2020 13:36:00
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2019
8718
Features
: Back Range/snow Capped
: Single Fireplace
Basic Details
Property Type : Income Property
Price : $2,925,000
Total Square Feet : 3,779 Sqft
Year Built : 1911
Subdivision : University Terrace
Zipcode : 80302
Listing Status : Active
Lot Size : 6,069 Sqft
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