985 30th Street, Boulder, CO 80303
- $1,726,000
Courtesy of Compass - Boulder . homes@amylaborde.com
- List Price
- $1,726,000
- Price Change
- ▼ $99,000 1694056381
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- IR988753
- Total Sqft
- 2591
- Subdivision
- Aurora Terrace
- Sub-Area
- Aurora Terrace
- Year Built
- 1960
Property 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. Less than 1 mile to the prestigious CU's Main and East Campuses, this prime location attracts 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 Current cap rate of 5.2 on an NOI of $97,000, with room to raise rents rents during fall pre-leasing this year and improve cash flow. 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 about a lease buyout for CU parent/student buyers. Possible owner carry option.
/u.realgeeks.media/barrykunselman/PL-H_REVERSE.png)
Additional Information
- School District
- Boulder Valley RE 2
- Elementary School
- Creekside
- Middle School
- Manhattan
- High School
- Fairview
- Basement
- None
- Amenities
- Laundry
- Lot Size
- 6,788
- Acres
- 0.16
- Taxes
- $7,309
- Tax Year
- 2022
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions