Active

1220-1224 11th St

Boulder CO, 80302

$2,985,000


Active

8 Beds

6 Baths

Residential

Built in 1958

ALL UNITS ARE pre-leased to Aug 2025 at $22,000/month. Listed rents are reflective of pre-leased commitments and effective starting August 2024. Superb student rental in the HEART of The Hill on Pleasant street near fraternity houses. Tremendous rentability for this 5-plex in an unbeatable location only 2 blocks west of campus and 5 minute walk to restaurants and shopping. This property is composed of a 4 bedroom bungalow and an attached 4 unit building. The north side of the property is currently rented as 2, 3 bedroom units with 2 baths and 2 kitchens, legal room share. Each one bedroom has occupancy for 4 people. 20 person occupancy for the entire 5 plex. Parking lot on Pleasant St allows for 4 spots that fit 8 cars. The north side is brand new having been completely rebuilt from the studs up after a fire in 2019. New water main and new boiler. 4 high end full kitchens with granite countertops, modern dishwashers, OTC microwaves W/Ds, and stainless steel appliances. The attached 4 bedroom on the south side feels like a single family home is well maintained. Sunset mountain views to the west from a welcoming front porch. Wood floors, separate kitchen and dining area. All bedrooms are spacious with generous sized closets. Tons of natural light make the property warm and inviting. Two huge primary bedrooms on the main level with one shared bath with generous sized closets. There are 2 secondary bedrooms on the lower level that are spacious and bright, one with a private entrance.Almost no shared walls. Well insulated for isolated sound for all and lowered heat costs. Great investment opportunity! Conventional lending possible.

1000661

MLS ID

December 15, 2023

Listed

May 9, 2024

Updated

Map

1220-1224 11th St
Boulder CO, 80302

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

6


Interior Features

Separate Dining Room, Walk-In Closet(s), Shared Baths, Outside Entry


Appliances

Gas Range/Oven, Dishwasher, Washer, Dryer


Floor Description

Wood Floors


Fireplace

Yes


Fireplace Description

None


Cooling

No


Heating

Yes


Heating Description

Baseboard

Exterior/Building Features

Lot Size

0.11 Acres


Lot Features

Sidewalks, Within City Limits


Architectual Style

Contemporary/Modern


Roof

Composition


Sewer

City Sewer

School Information

School District

Boulder Valley Dist RE2


High School

Boulder


Elementary School

Flatirons

Other Property Details

Area Name

Boulder


Taxes

$21,227


Tax Frequency

Annually


Days on Market

68


Garage

No


View

No


County

Boulder


Water Source

City Water, City of Boulder


Pool

No


Zoning

RH-5


Buyer Agency Compensation

2.8%

Listing History

Date

Event

Price

2/15/2024

Price Change

$2,985,000

-10%

Listed by The Bernardi Group with Coldwell Banker Realty-Boulder
Listing Contact: [email protected] 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Information and Real Estate Services, LLC (IRES) all rights reserved.

Data last updated on 5/9/2024 at 2:55 AM UTC

Powered byLuxury Presence