985 30th Street, Boulder, CO, 80303
  • $1,875,000

Overview

Property ID: HZIR985493
  • Quadruplex, ResidentialIncome
  • Property Type
  • 1
  • Garage
  • 6788 Sq Ft
  • Area Size
  • 1960
  • Year Built

Description

Exceptional, highly sought-after investment opportunity in the heart of Boulder! Meticulously maintained, updated income property with a proven track record of steady rental history & consistent year-over-year rent growth. This unique gem boasts outstanding annual appreciation. Nestled within walking/biking distance of the prestigious CU’s Main and East Campuses, this prime location can attract quality tenants seeking convenience and an unparalleled Boulder lifestyle. Surrounded by a plethora of amenities and desirable attractions (29th Street Mall, Chautauqua Park). This four-unit, eight-bedroom rental property has consistent cash flow with a cap rate of 5.2 on an NOI of $97,000. Stainless steel appliances, energy efficient windows, central air conditioning. Six off-street parking spaces, bike rack, and four lockable storage units in the back of the building. Onsite coin-operated laundry. Centrally located to bus lines, grocery stores, Target, and Whole Foods. Pre-leased for Aug 2023-2024 school year. Contact listing agent Amy LaBorde about a lease buyout for CU parent/student buyers.

  • Address: 985 30th Street
  • City: Boulder
  • State/county: Boulder
  • Zip/Postal Code: 80303

Details

Updated on April 20, 2023 at 6:35 am
  • Property ID HZIR985493
  • Price $1,875,000
  • Property Size 6788 Sq Ft
  • Garage 1
  • Year Built 1960
  • Property Type Quadruplex, ResidentialIncome
  • Property Status Active

Additional details

  • PropertySubType Quadruplex
  • Subdivision Aurora Terrace
  • Tax Year 2022
  • Construction Materials WoodFrame
  • Utilities CableAvailable, ElectricityAvailable, NaturalGasAvailable, HighSpeedInternetAvailable
  • Roof Composition
  • Appliances Dishwasher, Oven, Refrigerator
  • Lot Features FloodZone
  • LotSize SquareFeet 6788
  • LotSizeArea 0.16
  • LotSizeUnits Acres
  • Middle School Manhattan
  • HighSchool Fairview
  • HighSchool District Boulder Valley RE 2
  • ElementarySchool Creekside

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