Student Rental Investment. Duplex Front & Back #A 4Bd/2Ba w/unfin bsmnt. #B 4Bd/3Ba (back is newer construction ~2008). One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request.
HOA
No HOA
On market
Year built
1903
Property type
Duplex
Parking
—
MLS
922609
Price / Sq.Ft.
$642 / ft2
Buyer’s Brokerage Commission
2.5%