$1,490,000
$1,595,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
3,920 Sqft Lot
SOLD DATE : 10/12/2023
Key Details
Sold Price $1,490,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Mini-Park Place Sub
MLS Listing ID IR991974
Sold Date 10/12/23
HOA Y/N No
Originating Board recolorado
Year Built 1986
Annual Tax Amount $7,625
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Description
NEW PRICE! Downtown side by side duplex! First time this investment property is being offered by the original owner. Terrific location to Pearl Street, set off of on a quiet dead end street and across from a small neighborhood pocket park. Well maintained with plenty of off street parking & enclosed back patios. Current rents are significantly under current rental market rates. Leases in place until August 2024. Tremendous potential for investor to cosmetically improve the units and raise rents. Possibly add a bedroom in lower level??? Newer HVAC in both units & new exterior paint, new upper decking, basement bathrooms recently remodeled, all decks refinished in 2023. Seller participating in a 1031.
Location
State CO
County Boulder
Zoning MULTI UNIT
Rooms
Basement Daylight, Full, Sump Pump
Interior
Interior Features Open Floorplan
Heating Forced Air
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Balcony
Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
View Mountain(s)
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Cul-De-Sac, Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Wood Frame
Schools
Elementary Schools Whittier E-8
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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