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Key Details
Sold Price $2,225,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $672
Subdivision University Place
MLS Listing ID IR992366
Style Cottage
Bedrooms 6
Full Baths 3
Year Built 1909
Annual Tax Amount $7,617
Tax Year 2022
Lot Size 6,534 Sqft
Property Description
CALLING ALL INVESTORS and those looking to own a beautiful piece of Boulder's history of your very own! Opportunity and amazing wealth building potential await in this LICENSED DUPLEX in Boulder's own charming and highly sought after University Place neighborhood. This charming and expansive bungalow built in 1909 has curb appeal and a quaint front porch which welcome you to take in the classic features which include: extensive hardwood floors, spacious rooms, charming wood burning fireplace with decorative tile and ornate mantel, pocket doors, tasteful ceiling trim detail, and beautiful wood trim. This home also has a FINISHED BASEMENT that is used as a LEGAL 3 BEDROOM RENTAL! Added bonus: off-street parking, skylights, Rinnai tankless water heater, fresh paint, a large backyard with deck and hot tub, and updated landscaping. The detached 228 sf. garage is converted into a heated studio and the 928 sf partially finished attic with 10 foot ceilings offers great expansion opportunities (both are included in the square footage). Only a few blocks from CHAUTAUQUA, the Flatirons, and miles of hiking trails. Minutes from downtown Boulder, the Pearl Street Mall, The Hill, and the University of Colorado. High rental demand: pre-leased through July 2024 at $144k annual gross income, and a 10-year occupancy track record. Rental licenses for both levels are in place through 2027. The entire property is registered as SmartRegs compliant. Lease summary available upon request. Don't miss your opportunity! (Some photos are virtually staged.)
Location
State CO
County Boulder
Zoning RES
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Flooring Wood
Fireplaces Type Family Room
Laundry In Unit
Exterior
Exterior Feature Spa/Hot Tub
Fence Fenced
Utilities Available Electricity Available, Natural Gas Available
Roof Type Composition
Building
Lot Description Sprinklers In Front
Foundation Raised
Sewer Public Sewer
Water Public
Structure Type Brick,Stone,Wood Frame
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Re 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with The Markel Group LLC
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Joseph Newman
The Colorado Broker | License ID: 069025
The Colorado Broker License ID: 069025
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