NOT LISTED FOR SALE
10 Beds
10 Baths
4,428 Sq Ft
8,111 Sq Ft Lot

Last Sold September 30, 2022

Last sale price $2,350,000 $531 Per Sq Ft

8 Days on Market

Highlights

  • 0.19 Acre Lot
  • Loft
  • Property is near a bus stop
  • Casey Middle School Rated A-
  • No HOA
  • Baseboard Heating

About This Home

As of September 2022

Back on the Market after failed financing of previous contract. Great potential for higher rents in a building with minimal - zero vacancy history spanning over a decade. Simple 1 bedroom affordable units that rent quickly in any turnover situation, with carport, laundry room and storage on site. No seller disclosure, estate has no hands on knowledge of past repairs and/or improvements offered "as is". Showings scheduled by listing office with a few units (not all) unless accompanied by offer

Last Listed By

Patty Young

Property Resources, Inc. Listed on: 05/17/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,352

Year Built

  • Built in 1981

Lot Details

  • 8,111 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence
  • Level Lot

Parking

  • Driveway Level

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,428 Sq Ft Home
  • 3-Story Property
  • Free Standing Fireplace
  • Window Treatments
  • Loft
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Schools

  • Whittier Elementary School
  • Casey Middle School
  • Boulder High School

Utilities

  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for gas, electricity, water, sewer, trash collection
  • Assessor Parcel Number R0081069

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities
  • Community Storage Space

Building Details

  • Gross Income $111,255
  • Net Operating Income $84,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,352

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Year Built: 1981
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.19
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Between 28th and Folsom on the south side of Valmont
  • Unit Levels: Tri-Level
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Legal Conforming
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Accessibility Features: Level Lot, Level Drive, Near Bus
  • Has Basement: None
  • Total Bedrooms: 10
  • Fireplace Features: Free Standing
  • Fireplace: Yes
  • Interior Amenities: Loft
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link, Other
  • Lot Features: Curbs, Gutters, Sidewalks, Within City Limits
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Direction Faces: North
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, Xcel
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups, Common Area
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Boulder
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel

Condo/Co-op/Association

  • Community Features: Extra Storage
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Whittier
  • HighSchool: Boulder
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Casey

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 8111
  • Parcel #: R0081069
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Gas, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 18352

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 111255
  • Income Includes: ["Lease/Rents","Laundry"]
  • Annual Operating Expense: 26923

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $2,350,000 -6.0% $531 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $2,500,000 -- $565 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 965790

IRES MLS

APN: 1463-29-2-00-032