$2,050,000
$2,400,000
14.6%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
6 Baths
3,776 SqFt
SOLD DATE : 04/25/2024
Key Details
Sold Price $2,050,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,776 sqft
Price per Sqft $542
Subdivision Boulder West Downtown
MLS Listing ID 8933811
Sold Date 04/25/24
Bedrooms 11
HOA Y/N No
Abv Grd Liv Area 3,776
Originating Board recolorado
Year Built 1915
Annual Tax Amount $10,215
Tax Year 2022
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Prime investment, owner occupant, or development opportunity. Located at 315 Canyon Boulevard in west Downtown Boulder, this property features 2 separate duplexes, 4-total-units, with 11-total-bedrooms and 6-total-bathrooms! The south building is a mostly brick exterior structure featuring one 2-bedroom and 1-bathroom unit and one 3-bedroom and 1-bathroom unit. The north building was built in 1988 and contains two 3-bedroom, 2-bathroom units that also have an upper-level deck with fantastic views of the flatirons. All the units have nice layouts, yard space, and are separately metered for gas and electric. The 3-bedroom units in the north building are townhouse style, all 3-bedrooms are located upstairs where they share a full-bathroom on the upper level. The lower level has a second bathroom, kitchen, living room and utility room. There is also a separate laundry room in the south building and off-street parking in the back of the property. Buy and rent as an investor with a proforma 5.92% CAP Rate or you could live in one of the units and rent the others. Or collect income until you are ready to develop this lot. The property is only about a five-minute drive or ten-minute bike ride to the University of Colorado, and is walking distance to all the shops, restaurants, and breweries in downtown Boulder and along the Pearl Street Mall. The property is also across the street from Fine Park and Boulder Creek. Rare investment opportunity with two duplexes on one lot! Please reach out to the listing agent for the offering memorandum with financial information or to schedule a showing, Patrick Rampi with Modus Real Estate: 720-935-2184.
Location
State CO
County Boulder
Interior
Heating Forced Air
Cooling None
Flooring Carpet, Tile, Wood
Fireplace N
Appliance Range, Refrigerator
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Level or Stories Two
Structure Type Brick,Frame
Schools
Elementary Schools Whittier Int'L
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with MODUS Real Estate
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