$1,960,000
$1,995,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
5,227 Sqft Lot
SOLD DATE : 03/23/2023
Key Details
Sold Price $1,960,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Capitol Hill
MLS Listing ID 979139
Sold Date 03/23/23
Style Ranch
Bedrooms 7
HOA Y/N false
Originating Board IRES MLS
Year Built 1957
Annual Tax Amount $8,116
Lot Size 5,227 Sqft
Acres 0.12
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 now been Fully rented for 2022-2023-2024. Has outstanding cash flow with a projected cap rate of 6.02 on a NOI of $120,424 with room for 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
Location
State CO
County Boulder
Area Boulder
Zoning MF
Direction use GPS
Interior
Interior Features High Speed Internet, Pantry, Outside Entry
Heating Hot Water, Baseboard, 2 or more Heat Sources, Wall Furnace
Flooring Wood Floors
Window Features Window Coverings,Wood Frames
Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Laundry Washer/Dryer Hookups
Exterior
Exterior Feature Lighting
Garage Alley Access
Fence Partial, Metal Post Fence
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Street Surface Paved,Concrete
Handicap Access Level Lot, Near Bus, No Stairs, Main Floor Bath, Main Level Bedroom
Porch Patio, Deck
Parking Type Alley Access
Building
Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Sloped, Within City Limits
Faces North
Story 1
Foundation Slab
Sewer City Sewer
Water City Water, City of Boulder
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer,Composition Siding,Wood Siding,Painted/Stained,Concrete
New Construction false
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0002370
SqFt Source Assessor
Special Listing Condition Licensed Owner
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Bought with Robinson Investment Co., Inc.
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”
201 Coffman Street # 1902, Longmont, Colorado, 80502, United States