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    1120 10th St

    Boulder, CO 80302
    • $3,250,000
    • STATUS: Active
    • ON SITE: 96 days
    • MLS #: 922609
    UPDATED: 31 min ago
    $3,250,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,062
      SQFT
    • $642
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1903
    County:

    School Information

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

    Description

    Student Rental Investment. Duplex Front & Back #A 4Bd/2Ba w/unfin bsmnt. #B 4Bd/3Ba (back is newer construction ~2008). One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.

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    © 2020 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 HomeSmart Realty Group. Data last updated: 2020-12-03T08:37:52.463.
    www.matthewfugate.com/homes/109488829
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    1120 10th St Boulder, CO 80302

    • Price: $3,250,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 922609
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,062
    SQFT
    $642
    $/SQFT
    1903
    Built
    Neighborhood:
    University Terrace
    County:
    Boulder
    Area:
    01 Boulder City Limits
    Elementary School:
    Flatirons
    Middle School:
    Other
    High School:
    Boulder
    School District:
    Boulder Valley Dist Re2
    Property Description
    Student Rental Investment. Duplex Front & Back #A 4Bd/2Ba w/unfin bsmnt. #B 4Bd/3Ba (back is newer construction ~2008). One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.
    Exterior Features

    Construction Wood/FrameBrick/Brick VeneerStone Location Description House Faces West Outdoor Features Patio Parking Per Unit 2 Spaces/Unit Property Styles 3 Story Property Views Back Range/Snow Capped Type Duplex Waterfront No

    Interior Features

    Basement Foundation Unfinished Basement Design Features Outside Entry Heating Forced Air Inclusions Window CoveringsGas Range/OvenDishwasherRefrigeratorClothes WasherClothes Dryer Unit1 Bedrooms 4 Unit2 Bedrooms 4

    Property Features

    Capitalization Rate 5.39 Energy Star Certified No Gross Operating Income 208500.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Boulder Nahb Certified No Net Operating Income 175153.0000 New Construction Status NewCompleted New Financing CashConventionalFhaVa Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 9825 Tenant Pays DepositGasElectricWaterSewerInterior MaintenanceSite MaintenanceTrashParking Total Operating Expense 33347.0000 Utilities Natural GasElectricCable Tv Available Zoning Rh-5

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of Amy Laborde of Re/Max Alliance On Walnut.



    © 2020 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 HomeSmart Realty Group. Data last updated: 2020-12-03T08:37:52.463.
     
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