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1034 Pleasant St

Boulder, CO 80302
  • $2,195,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 979139
UPDATED: 74 min ago
$2,195,000
  • 7
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,764
    SQFT
  • $794
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Information

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

Description

Estate liquidation. Burgess Group, Compass is proud to present 1034 Pleasant St, a recently updated four-unit, 7 bedroom, 4 bath property in the heart of University Hill in Boulder, CO. An easy walk to the CU campus, these cute units are very appealing and rent very consistently for steadily increasing rents. This well-maintained property has outstanding cash flow with a projected cap rate of 5.26 on a NOI of $115,544, with room for additional parking income, improvements, and rent increases. With light and bright interiors, stackable washer and dryers in each unit, a no-maintenance yard, fenced in Astroturf lawn for sunbathing, Jellyfish LED exterior lights, electronic keypad access, and electric baseboard backup heat in each room, this property is both desirable to tenants and easy to manage. Over 109k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: http://bit.ly/1034_Pleasant

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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: 2022-12-05T11:42:10.157.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/134987918
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1034 Pleasant St Boulder, CO 80302

  • Price: $2,195,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 74 min ago
  • MLS #: 979139
7
Beds
0
Baths
0
½ Baths
0.12
Acres
2,764
SQFT
$794
$/SQFT
1957
Built
Neighborhood:
Capitol Hill
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Flatirons
Middle School:
Manhattan
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Estate liquidation. Burgess Group, Compass is proud to present 1034 Pleasant St, a recently updated four-unit, 7 bedroom, 4 bath property in the heart of University Hill in Boulder, CO. An easy walk to the CU campus, these cute units are very appealing and rent very consistently for steadily increasing rents. This well-maintained property has outstanding cash flow with a projected cap rate of 5.26 on a NOI of $115,544, with room for additional parking income, improvements, and rent increases. With light and bright interiors, stackable washer and dryers in each unit, a no-maintenance yard, fenced in Astroturf lawn for sunbathing, Jellyfish LED exterior lights, electronic keypad access, and electric baseboard backup heat in each room, this property is both desirable to tenants and easy to manage. Over 109k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: http://bit.ly/1034_Pleasant
Exterior Features

Architectural Style Ranch Construction Materials Wood/FrameBrick/Brick VeneerComposition SidingWood SidingPainted/StainedConcrete Direction Faces North Entry Location Outside Entry Exterior Features Lighting Fencing PartialMetal Post Fence Foundation Details Slab Horse YN No Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLevelSlopedWithin City Limits Other Parking Parking Per Unit(1 Space/Unit) Parking Features Alley Access Patio And Porch Features PatioDeck Road Frontage Type City StreetAlley Road Surface Type PavedConcrete Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Level LotNear BusNo StairsMain Floor BathMain Level Bedroom Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerDisposal Basement Full90%+ Finished BasementWalk-Out AccessSump Pump Flooring Wood Floors Heating Hot WaterBaseboard2 Or More Heat SourcesWall Furnace Heating YN Yes Interior Features High Speed InternetPantryOutside Entry Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 1 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Total Baths 1 Window Features Window CoveringsWood Frames

Property Features

Association YN No Cap Rate 5.26 Ditches Active YN No Electric ElectricSeparate Meter ElectricityXcel Exclusions Tenant's Microwaves & Seller's And Tenant's Personal Property Gas Natural GasMaster Meter-GasXcel Gross Income 136440 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 115544 New Construction YN No Operating Expense 20896 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 8116 Tax Year 2021 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Boulder Zoning Mf

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Andy Burgess of Compass - Boulder: 3034875472.



© 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: 2022-12-05T11:42:10.157.

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