Views - New Construction
Address
1120 10th St Boulder, CO
Price
$ 3,250,000
Property Attributes
  • MLS#922609
  • TypeIncome
  • CountyBOULDER
  • CityBoulder
  • AreaUniversity Terrace
  • NeighborhoodUniversity Terrace
  • Zip80302
  • Style3 Story
  • Year Built1903
  • Taxes9825
  • Price$ 3,250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5062
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
RE/MAX Alliance on Walnut
Property Description

Student Rental Investment. Duplex Front & Back #A 4Bd/2Ba w/unfin bsmnt. #B 4Bd/3Ba (back is new 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, 1110, 1130 (all adjacent) & 1164 10th St. Management team in place. Major capital improvements include newer hail resistant roofs (~2012), new 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.

Elementary School High School
Flatirons Elementary School Boulder High School
Price History
8/28/2020 Listed $3,250,000

General Features

Capitalization Rate 5.39
County Boulder
Design Features Outside Entry
Heating Forced Air
Locale Boulder
Net Operating Income 175153.0000
Ownership Private Owner
School District Boulder Valley Dist RE2
Subdivision University Terrace
Total Number of Units 2
Total Operating Epense 33347.0000
Type Duplex
Utilities Natural Gas, Electric, Cable TV Available
Zoning RH-5

Exterior Features

Inclusions Window Coverings, Gas Range/Oven, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer
Outdoor Features Patio

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80302

Price
AVG $2.62M
$3.25M
Taxes
AVG $9,888
$9,825
Visits
AVG 86
96
Year Built
AVG 1926
1903
Walkscore
AVG 85
88
Data Provided by Walkscore ® not using MLS data

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