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1071 13th St

Boulder, CO 80302
  • $2,435,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • MLS #: 963703
Under Contract
UPDATED: 49 min ago
$2,435,000
  • 7
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,307
    SQFT
  • $565
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

A developer's dream, the opportunity to purchase in this specific location is exceptionally rare. Classic Turn of the Century University Hill Home presented as 3 High-Density Legal units & high-density cottage in back! Always rented for top dollar, this gem stands out with current cash flow and unlimited potential for future development. Closer to 13th and College than anything else, the property is 1 block to CU Campus, and sits in the heart of University Hill. No HOA! Each unit is unique and full of character and charm - 7 total doors with three 2BR/1BA Units in the main building (1073), and a special 1BR/1BA Cottage in back (1071). Tenants pay all utilities.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-26T06:40:55.547.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1071 13th St Boulder, CO 80302

  • Price: $2,435,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 49 min ago
  • MLS #: 963703
7
Beds
0
Baths
0
½ Baths
0.14
Acres
4,307
SQFT
$565
$/SQFT
1902
Built
Neighborhood:
University Place
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
University Hill
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
A developer's dream, the opportunity to purchase in this specific location is exceptionally rare. Classic Turn of the Century University Hill Home presented as 3 High-Density Legal units & high-density cottage in back! Always rented for top dollar, this gem stands out with current cash flow and unlimited potential for future development. Closer to 13th and College than anything else, the property is 1 block to CU Campus, and sits in the heart of University Hill. No HOA! Each unit is unique and full of character and charm - 7 total doors with three 2BR/1BA Units in the main building (1073), and a special 1BR/1BA Cottage in back (1071). Tenants pay all utilities.
Exterior Features

Architectural Style Cottage/BungVictorian Construction Materials Brick/Brick Veneer Direction Faces East Exterior Features Lighting Horse YN No Levels Three Or More Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLevelWithin City Limits Other Parking Parking Per Unit(1.5 Spaces/Unit) Parking Features Alley Access Patio And Porch Features Deck Property Attached YN No Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Legal Conforming View City Waterfront YN No

Interior Features

Accessibility Features Level LotNear BusMain Floor BathMain Level BedroomStall Shower Appliances Gas Range/OvenDishwasherRefrigeratorAll Appliances Basement Full90%+ Finished Basement Cooling Room Air ConditionerCeiling Fan(S) Cooling YN Yes Fireplace Features Single Fireplace Fireplace YN Yes Flooring Wood Floors Heating Hot WaterRadiator2 Or More Heat Sources Heating YN Yes Interior Features Satellite AvailHigh Speed InternetEat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 780 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 1070 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 1163 Unit3 Total Baths 1 Unit4 Bedrooms 1 Unit4 Est Sq Ft 572 Unit4 Total Baths 1 Window Features Window CoveringsWood Frames

Property Features

Association YN No Cap Rate 4.03 Ditches Active YN No Electric ElectricSeparate Meter ElectricityXcel Energy Exclusions None Gas Natural GasSeparate Meter GasXcel Energy Gross Income 113691.6 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status Backup Listing Terms CashConventional Locale Boulder Net Operating Income 98156.72 New Construction YN No Operating Expense 15534.88 Possible Use Single FamilyMulti-FamilyCommercial Or IndustrialAdditional Units Property Condition Not NewPreviously Owned Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 8116 Tax Year 2021 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 2975 Unit2 Rent 2975 Unit3 Rent 1925 Unit4 Rent 1695 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Boulder Zoning Multires4+

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of David Marvin of Marvin Gardens Real Estate: 720-466-3437.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Find Colorado Real Estate - Northern Colorado Team. Data last updated: 2022-05-26T06:40:55.547.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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