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Jim Cavoto

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

$ 1,900,000

Est. payment -/mo

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Price Dropped by $300K

1975-1977 Norwood AVE Boulder, CO 80304

2,735 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,735 sqft

Price per Sqft $694

Subdivision Moores

MLS Listing ID IR1054678

HOA Y/N No

Year Built 1940

Annual Tax Amount $8,096

Tax Year 2025

Lot Size 0.475 Acres

Acres 0.47

Property Sub-Type Duplex

Source recolorado

Property Description

Situated on an exceptionally large 0.47-acre parcel this is a rare chance to secure one of the larger residential lots in the neighborhood. The size and configuration of the site may also present subdivision potential, The cash flowing duplex offers an investor, builder, or custom home buyer reliable income while submitting plans to the city. Don't miss a beat building your custom home (or two!) while holding a valuable asset in one of Boulder's most sought-after areas. See 1945 Norwood for what two homes on a similar lot can look like. Walking distance to parks, trail systems, shops and restaurants and easy access to Broadway and downtown. Each duplex has a private patio and expansive yard with trees and gardens divided by a fence. Property is currently rented well below market rent. This property would also be a homerun short term rental for the highly anticipated arrival of the Sundance Film Festival in 2027. Sundance is expected to further elevate housing demand during the winter season and beyond. The layout also offers flexibility for a variety of ownership strategies, including the option to live in one unit while leasing the other. Owners may continue generating income while exploring design and permitting possibilities with the City of Boulder. Each unit offers comfortable living spaces with large front and backyard areas. Large driveway provides ample off-street parking for cars or RV's with convenient access and flexibility for tenants and future site planning. Opportunity awaits with this winning combination of land size, flexibility, and location rarely available in this established North Boulder neighborhood.

Location

State CO

County Boulder

Zoning RL-2

Rooms

Basement Full

Interior

Interior Features Walk-In Closet(s)

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Exterior

Fence Fenced, Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Crest View

Middle Schools Centennial

High Schools Boulder

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Compass - Boulder

NEARBY SCHOOLS & PROPERTIES

Jim Cavoto

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+1(720) 692-6563

Jim Cavoto

1975-1977 Norwood AVE Boulder, CO 80304

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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1975-1977 Norwood AVE