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Buy a houseat 846 16th Street, Boulder, CO 80302

$1,650,000

$0/mo

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Residential

1,624 Sq. Ft.

6,700 Sq. Ft. lot

2 Bathrooms

419 Days on market

IR982933 MLS ID

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About 846 16th Street house

Prime Location on University Hill, within walking distance to CU and just blocks to historic Chautauqua park. This 6 Bedroom 2 Bath home is pre-leased for the 2023-2024 school year for $7800 a month. This classic brick home sits on a large west-facing corner lot offering an expansive park-like backyard with 3 designated parking spots. Inside find a large living room with wood floors and a lovely flagstone fireplace along with a charming kitchen and two good-sized bedrooms and a full bath on the main floor. On the lower level, 4 more bedrooms all with garden-level windows allowing for plenty of natural light, a full bath, and laundry await. The 4th bedroom offers a walk-out door option which would also make a great recreation room. Don't miss this wonderful investment opportunity.
Prime Location on University Hill, within walking distance to CU and just blocks to historic Chautauqua park. This 6 Bedroom 2 Bath home is pre-leased for the 2023-2024 school year for $7800 a month. This classic brick home sits on a large west-facing corner lot offering an expansive park-like backyard with 3 designated parking spots. Inside find a large living room with wood floors and a lovely flagstone fireplace along with a charming kitchen and two good-sized bedrooms and a full bath on the main floor. On the lower level, 4 more bedrooms all with garden-level windows allowing for plenty of natural light, a full bath, and laundry await. The 4th bedroom offers a walk-out door option which would also make a great recreation room. Don't miss this wonderful investment opportunity.

Property details

Appliances & Equipment

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

Basement

Basement

Bathrooms: 0

Bedrooms: 0

Bathrooms

2 full baths

1 bathroom on the lower level

1 bathroom on the main level

Bedrooms

4 bedrooms on the lower level

2 bedrooms on the main level

Building

Above Grade Finished Area: 812

Below Grade Finished Area: 812

Below Grade Unfinished Area: 0.00

Construction Materials: "Block", "Brick"

Levels: "One"

Living Area: 1624

Occupant Type: Vacant

Room Count: 11

Structure Type: "House"

Total Area: 1624

Unit Count: 1

Unit Types: "Array"

Built in 1924

1 total unit

Disclosures

Attribution Contact: 3039729999

Expenses

Operating Expense: $4,972

Fence

Fencing: "Partial"

Fireplaces

Fireplace Features: "Living Room"

Floors

Flooring: "Carpet", "Wood"

Heating

Heating: "Forced Air"

Income

Net Operating Income: $88,628

Projected Gross Operating Income: $93,600

Listing

Listing Id: RECIR982933

Standard Status: Active

Mls Status: Active

Listing Contract Date: 2023-03-04

Listing Terms: "Cash", "Conventional"

Original List Price: $1,650,000

Location

County Or Parish: Boulder

Subdivision Name: University Place

Lot

Acres: 0.15

Features: "Flood Zone"

Parcel Number: R0001962

Square Feet: 6700

Owner Pays

Ownership Type: Partnership

Parking

Parking Total: 3

Reserved Spaces: 3

Parking Count: 1

Possession

"Closing/DOD"

Property

Property Sub Type: Single Family Residence

Zoning: Res

Roof

Roof: "Composition"

Schools

Elementary School: Flatirons

Elementary School District: Boulder Valley RE 2

Middle Or Junior School: Casey

High School: Boulder

High School District: Boulder Valley RE 2

Taxes

Annual Amount: 4972

Legal Description: LOTS 11-12 BLK 20 UNIVERSITY PLACE

Tax Year: 2022

Tenant Pays

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

Utilities

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

Water Source: "Public"

Windows

Window Features: "Window Coverings"

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

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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 Professionals Ken Caryl 3039729999
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the IDX Logo. This information is being provided for the consumers\’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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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