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Buy a multi-family propertyat 953 Pleasant St, Boulder, CO 80302

$1,650,000

$0/mo

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Multifamily

2,273 Sq. Ft.

6,770 Sq. Ft. lot

342 Days on market

988444 MLS ID

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About 953 Pleasant St multi-family property

An unparalleled opportunity for investment and development awaits in this fully leased CU student rental in Uni Hill, leased to July 30, 2024. Offering two legal structures with current rental licenses on a spacious 6,770-square-foot lot, endless possibilities are presented to renovate, remodel or redesign a personalized vision. The main home offers an updated, two-story floorplan with four bedrooms and two bathrooms. Situated on the north portion of the lot, a carriage house offers one bedroom complemented by a 3/4 bath and a small kitchen area with a gas range oven and a designated alley parking space. Substantial recent upgrades to the main home include a newer forced air gas furnace, Romex-style wiring, newer windows and a new front entry staircase and sidewalk. Outside, a backyard presents ample space for designing an outdoor oasis. An ideal location offers close proximity to Flatirons Elementary School, nature trails, CU campus, downtown Boulder and more. Excellent location provides consistent rent.
An unparalleled opportunity for investment and development awaits in this fully leased CU student rental in Uni Hill, leased to July 30, 2024. Offering two legal structures with current rental licenses on a spacious 6,770-square-foot lot, endless possibilities are presented to renovate, remodel or redesign a personalized vision. The main home offers an updated, two-story floorplan with four bedrooms and two bathrooms. Situated on the north portion of the lot, a carriage house offers one bedroom complemented by a 3/4 bath and a small kitchen area with a gas range oven and a designated alley parking space. Substantial recent upgrades to the main home include a newer forced air gas furnace, Romex-style wiring, newer windows and a new front entry staircase and sidewalk. Outside, a backyard presents ample space for designing an outdoor oasis. An ideal location offers close proximity to Flatirons Elementary School, nature trails, CU campus, downtown Boulder and more. Excellent location provides consistent rent.

Property details

Property Access

Accessibility Features: "Level Lot"

Appliances and Equipment

Appliances: "Electric Range/Oven", "Dishwasher", "Refrigerator"

House

Architectural Style: "Victorian"

Construction Materials: "Wood/Frame", "Brick/Brick Veneer"

Has Improvements: No

Levels: "Two"

Living Area: 2273

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Year Built: 1903

Basement

Basement: "Partial"

Bathrooms

Bathrooms Total Integer: 3

Bedrooms

Bedrooms Total: 5

Location

City: Boulder

Country: US

County Or Parish: Boulder

Locale: Boulder

Latitude: 40.00972

Longitude: -105.2811

MLS Area Major: Boulder

Postal Code: 80302

State Or Province: CO

Street Additional Info: 955

Street Name: Pleasant

Street Number: 953

Street Suffix: St

Subdivision Name: Capitol Hill

Unparsed Address: 953-955 Pleasant St Boulder CO 80302

Property

Direction Faces: South

Parcel Number: R0005281

Possible Use: "Multi-Family"

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Road Frontage Type: "City Street"

Road Surface Type: "Paved", "Concrete"

View: "Foothills View"

Utilities

Electric: "Electric", "Xcel"

Gas: "Natural Gas", "Xcel"

Is Water Meter Installed: Yes

Utilities: "Natural Gas Available", "Electricity Available"

Schools

Elementary School: Flatirons

High School: Boulder

High School District: Boulder Valley Dist RE2

Middle Or Junior School: Manhattan

Fence

Fencing: "Partial", "Fenced"

Energy Saving

Green Energy Efficient: "Southern Exposure"

Income

Gross Income: 72360

Income Includes: "Lease/Rents"

Net Operating Income: 62550

Heating

Heating: "Forced Air"

Heating YN: t

Home Owner's Association

Has Association 2 Fee: No

Has Association 2 Reserve: No

Has Association Fee: No

Has Association Reserve: No

HOA 2 Transfer Fee: No

HOA Transfer Fee: No

Taxes

Has Metro Tax District: No

Tax Annual Amount: 7303

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water", "City of Boulder"

Interior Features

Interior Features: "Separate Dining Room"

Listing

Listing Id: 988444

Listing Terms: "Cash", "Conventional"

List Price: 1650000

Mls Status: Active/Backup

Number Of Units Total: 2

Special Listing Conditions: "Partnership"

Standard Status: Active

Lot

Lot Features: "Curbs", "Gutters", "Sidewalks"

Lot Size Acres: 0.16

Lot Size Area: 6770

Lot Size Square Feet: 6770

Lot Size Units: Square Feet

Expenses

Operating Expense: 9810

Parking

Other Parking: Parking Per Unit(1 Space/Unit)

Parking Features: "Alley Access"

Miscellaneous

Other Structures: "Carriage House"

Tenant Pays

Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer"

Monthly cost

Estimated monthly cost

$10,171/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,551,000

+$49,500

$1,600,500

Seller agent commission$49,500 (3%)*

$0 (0%)

Buyer agent commission$49,500 (3%)*

$49,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $49,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Apr 30, 2024 at 12:37 a.m.

Data updated: Jul 17, 2023 at 8:44 p.m.

Courtesy of John McElveen, milehimodern - Boulder 3038761073
This content last updated on 07/17/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing 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 deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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