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Jim Cavoto

jim.cavoto@engelvoelkers.com +1(720) 692-6563

$ 2,200,000

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Pending

Address not disclosed

5,662 Sqft Lot

UPDATED:

02/24/2025 03:11 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision Grand View Heights

MLS Listing ID IR1025072

HOA Y/N No

Originating Board recolorado

Year Built 1960

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

Discover the perfect addition to your investment portfolio with this multi-family property, ideally located near the heart of downtown Boulder and just steps from the University of Colorado (CU). This property is a rare find in one of Boulder's most desirable rental markets, offering consistent income potential, year-over-year rental increases, and a strong appeal to students. Situated within walking distance of CU and downtown Boulder, this property provides tenants with easy access to campus, shopping, dining, and entertainment. This property combines a strategic location with features tailored to student living, at a cap rate of over 5%, making it a compelling choice for investors seeking a reliable income stream in a thriving college town. Professionally managed and financial statements available.

Location

County Boulder

Zoning Dup/Triple

Rooms

Basement Full

Interior

Interior Features Walk-In Closet(s)

Heating Baseboard

Fireplace Y

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Corner Lot

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Wood Frame

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://visithome.ai/iQgTehSd6BFwxSPiqoWLeh

Listed by WK Real Estate • 7205646097

Jim Cavoto

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+1(720) 692-6563

Jim Cavoto

Address not disclosed

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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