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1025 Maxwell Ave

Boulder, CO 80304
  • $1,250,000
  • STATUS: Closed
  • ON SITE: 16 Days
  • MLS #: 968816
Sold - 06/29/2022
$1,250,000
SOLD - 06/29/2022
  • 6
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,600
    SQFT
  • $481
    $/SQFT
Type:
Multi-Family
Built:
1905
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

New Price. Seller is motivated.Tremendous opportunity to own a four plex in highly desired Mapleton Hill Location. Situated just minutes by foot to Pearl Street mall, Mt. Sanitas open space, NoBo Park, Ideal Plaza & more. These units have charm & character throughout but need some TLC. Main floor units currently rented as executive rentals(30 day min) for average of 3k/month. Upper units have had long term renters that will be vacating shortly(currently pay $1,600/mo). Rental on upper units should be $1,750/mo for a one year lease. Lovely communal flagstone patio in backyard. Communal laundry room recently added. Central boiler. Seller will consider selling with most furnishings in the executive rental units and would consider managing the property for a fee.

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© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-07-04T10:40:12.727.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/129993055
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1025 Maxwell Ave Boulder, CO 80304

  • Price: $1,495,000
  • Status: Closed
  • On Site: 16 Days
  • Updated: 55 min ago
  • MLS #: 968816
6
Beds
0
Baths
0
½ Baths
0.09
Acres
2,600
SQFT
$481
$/SQFT
1905
Built
Neighborhood:
Tr, Nbr 101-109, 115, 162, 170
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Foothill
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
New Price. Seller is motivated.Tremendous opportunity to own a four plex in highly desired Mapleton Hill Location. Situated just minutes by foot to Pearl Street mall, Mt. Sanitas open space, NoBo Park, Ideal Plaza & more. These units have charm & character throughout but need some TLC. Main floor units currently rented as executive rentals(30 day min) for average of 3k/month. Upper units have had long term renters that will be vacating shortly(currently pay $1,600/mo). Rental on upper units should be $1,750/mo for a one year lease. Lovely communal flagstone patio in backyard. Communal laundry room recently added. Central boiler. Seller will consider selling with most furnishings in the executive rental units and would consider managing the property for a fee.
Exterior Features

Architectural Style Victorian Construction Materials Wood/FrameWood Siding Direction Faces South Entry Location Outside Entry Exterior Features Lighting Fencing PartialFencedWood Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLawn Sprinkler SystemWoodedLevelHistoric DistrictWithin City Limits Parking Features Alley Access Patio And Porch Features PatioDeck Road Frontage Type City Street Road Surface Type PavedConcrete Roof Composition Spa YN No View Foothills View Waterfront YN No

Interior Features

Accessibility Features Level LotMain Floor BathMain Level Bedroom Appliances Gas Range/OvenRefrigeratorWasherDryerDisposal Basement PartialCrawl Space Flooring Wood Floors Heating Hot WaterRadiant Heating YN Yes Interior Features High Speed InternetEat-in KitchenOutside Entry Laundry Features Washer/Dryer HookupsCommon Area Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 756 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 643 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 575 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Est Sq Ft 483 Unit4 Total Baths 1 Window Features Window CoveringsWood FramesBay Window(S)

Property Features

Association YN No Cap Rate 6.86 Ditches Active YN No Electric ElectricXcel Energy Exclusions Tenant BelongingsA Few items in The Furnished Units Will Be Excluded if Furniture is included Gas Natural GasXcel Energy Gross Income 114000 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 102620 New Construction YN No Operating Expense 11380 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Multi Family Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 6639 Tax Year 2021 Tenant Pays DepositGasElectricityTrash Collection Unit1 Rent 3000 Unit2 Rent 3000 Unit3 Rent 1750 Unit4 Rent 1750 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Boulder Zoning Multi Unit

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Lynn Ryan of Re/Max Of Boulder, Inc: 303-449-7000.



© 2022 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2022-07-04T10:40:12.727.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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