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Buy a multi-family propertyat 741-743 19th Street, Boulder, CO 80302

$1,975,000

$2,098,700 (-5.89%)

$0/mo

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Multifamily

1,879 Sq. Ft.

6,098 Sq. Ft. lot

0 Bathrooms

333 Days on market

IR989042 MLS ID

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About 741-743 19th Street multi-family property

Great new price with a 5% cap rate. Solid and rare investment property with 2 Single Family Homes on one lot in a great location within walking distance to CU. Owned by the same owner for over 30 years. Well maintained and always rented, with a great rental history. Exceptionally managed by Triple V and then Boulder Property Management for the entire time. Pre leased through mid August 2024! One full year of continuing professional management by BPM is included!
Great new price with a 5% cap rate. Solid and rare investment property with 2 Single Family Homes on one lot in a great location within walking distance to CU. Owned by the same owner for over 30 years. Well maintained and always rented, with a great rental history. Exceptionally managed by Triple V and then Boulder Property Management for the entire time. Pre leased through mid August 2024! One full year of continuing professional management by BPM is included!

Property details

Property Access

Road Frontage Type: "Public"

Road Surface Type: "Paved"

Appliances & Equipment

"Dryer", "Oven", "Refrigerator", "Washer"

Basement

"None"

Bedrooms: 0

Building

Architectural Style: "Contemporary"

Construction Materials: "Wood Frame"

Levels: "Two"

Occupant Type: Tenant

Total Area: 1879

Unit Count: 2

Unit Types: "Array", "Array"

Built in 1989

2 total units

Disclosures

Attribution Contact: 3034497000

Exclusions: Tenant's personal property

Expenses

Operating Expense: $20,575

Exterior Features

Patio And Porch Features: "Deck"

Heating

Heating: "Forced Air", "Hot Water"

Income

Gross Income: $9,895

Income Includes: "Rent Only"

Net Operating Income: $98,165

Projected Gross Operating Income: $118,740

Listing

Listing Id: RECIR989042

Standard Status: Active

Mls Status: Active

Listing Contract Date: 2023-06-01

Listing Terms: "Cash", "Conventional"

Original List Price: $2,098,700

Location

County Or Parish: Boulder

Subdivision Name: University Place

Lot

Acres: 0.14

Features: "Level"

Parcel Number: R0002528

Square Feet: 6098

Owner Pays

Ownership Type: Partnership

Possession

"Closing/DOD"

Property

Possible Use: "Multi-Family"

Property Sub Type: Duplex

Zoning: RES

Roof

Roof: "Composition"

Schools

Elementary School: Flatirons

Elementary School District: Boulder Valley RE 2

Middle Or Junior School: Manhattan

High School: Boulder

High School District: Boulder Valley RE 2

Sewer

Sewer: "Public Sewer"

Taxes

Annual Amount: 7706

Legal Description: LOTS 34-35 BLK 39 UNIVERSITY PLACE

Tax Year: 2022

Tenant Pays

Tenant Pays: "Electricity", "Gas", "Trash Collection", "Water"

Utilities

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

Water Source: "Public"

Monthly cost

Estimated monthly cost

$12,174/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$1,856,500

+$59,250

$1,915,750

Seller agent commission$59,250 (3%)*

$0 (0%)

Buyer agent commission$59,250 (3%)*

$59,250 (3%)*

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

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Unreal Estate checked: Aug 8, 2023 at 4:38 p.m.

Data updated: Aug 3, 2023 at 8:07 p.m.

Courtesy of RE/MAX of Boulder, Inc 3034497000
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This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

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Listing Information © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

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