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1725 15th St

Boulder, CO 80302
  • $3,450,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 976758
UPDATED: 98 min ago
$3,450,000
  • 10
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,314
    SQFT
  • $800
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Information

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

Description

Newly renovated 7 unit boutique downtown apartment building exuding an abundance of charm! Absolutely perfect location surrounded by redevelopment and a short walk to Boulder Creek and Pearl Street. This property features a historic 4 bedroom front house with amazing outdoor space, as well as a courtyard centered 6 unit apartment building consisting of three 1 bedroom units and 3 studio units. Every unit including the main house has been thoughtfully renovated with high end finishes attracting long-term residents. These units truly rent themselves! Major building systems have been replaced as well. Professionally managed and meticulously maintained. Rents in 2023 are projected to increase 10% so there is still value to be added! Management company to offer 1 year of free management to Buyer.

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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: 2022-12-02T23:42:36.947.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/133720297
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1725 15th St Boulder, CO 80302

  • Price: $3,450,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 98 min ago
  • MLS #: 976758
10
Beds
0
Baths
0
½ Baths
0.17
Acres
4,314
SQFT
$800
$/SQFT
1920
Built
Neighborhood:
Central Boulder Apts
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Whittier
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Newly renovated 7 unit boutique downtown apartment building exuding an abundance of charm! Absolutely perfect location surrounded by redevelopment and a short walk to Boulder Creek and Pearl Street. This property features a historic 4 bedroom front house with amazing outdoor space, as well as a courtyard centered 6 unit apartment building consisting of three 1 bedroom units and 3 studio units. Every unit including the main house has been thoughtfully renovated with high end finishes attracting long-term residents. These units truly rent themselves! Major building systems have been replaced as well. Professionally managed and meticulously maintained. Rents in 2023 are projected to increase 10% so there is still value to be added! Management company to offer 1 year of free management to Buyer.
Exterior Features

Construction Materials Wood/FrameStone Fencing PartialFenced Horse YN No Levels Two Lot Features CurbsSidewalks Other Parking Parking Per Unit(Less Than 1) Parking Features Alley Access Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances All Appliances Basement Crawl Space Heating Wall Furnace Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 2 Unit2 Bedrooms 1 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 4.5 Ditches Active YN No Electric ElectricXcel Energy Gas Natural GasXcel Energy Gross Income 202266 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 155191 New Construction YN No Operating Expense 47075 Property Condition Not NewPreviously Owned Property Sub Type Income Property Special Listing Conditions Private Owner Tax Annual Amount 14003 Tax Year 2021 Tenant Pays DepositParking Fee Unit1 Rent 4770 Unit2 Rent 1995 Unit3 Rent 1795 Unit4 Rent 1795 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Of Boulder Zoning Dt-1

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of P Caldwell Sullivan of Four Star Rlty & Prop Mgmt: 7202738957.



© 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: 2022-12-02T23:42:36.947.

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