$1,585,000
Boulder, CO 80302
- 0.15 Acres
- Boulder County
- 6 Beds
- 2 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1005551
- Year Built: 1924
- Lot/Acreage: 0.15
- County: Boulder
- Neighborhood: University Place
Interior Details
- Bedrooms: 6
- Bathrooms: 2
- Appliances: Refrigerator, Washer, Dryer, Microwave
- Heating: Forced Air
- Fireplaces: 1
- Basement: 90%+ Finished Basement
- Water: City Water, City
Exterior Details
- Zoning: Res
- Roof: Composition
- Sewer: City Sewer
Description
Prime Location on University Hill, within walking distance to CU and just blocks to historic Chautauqua park. This 6 Bedroom 2 Bath home Leased for the 2023-2024 for $7800 a month and 2024-2025 school year for $8340 a month. Listed rent is reflective of pre-leased commitments and effective starting August 2024.This classic brick home sits on a large west-facing corner lot offering an expansive park-like backyard with 3 designated parking spots. Inside find a large living room with wood floors and a lovely flagstone fireplace along with a charming kitchen and two good-sized bedrooms and a full bath on the main floor. On the lower level, 4 more bedrooms all with garden-level windows allowing for plenty of natural light, a full bath, and laundry await. The 4th bedroom offers a walk-out door option which would also make a great recreation room. 2 bedrooms are non-conforming. Don't miss this fantastic investment opportunity close to a 6%Cap Rate.
Location
- Address: 846 16th St Boulder CO 80302
- City: Boulder
- State: CO
- Zip: 80302
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Listing # Courtesy of Jennifer Crow of RE/MAX Professionals Ken Caryl. Last Updated: May 2, 2024.
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