879-881 19th ST new to site Save Request In-Person Tour Request Virtual Tour
Boulder,CO 80302
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision University Place
MLS Listing ID IR1033265
Year Built 1963
Annual Tax Amount $9,951
Tax Year 2024
Lot Size 6,023 Sqft
Property Sub-Type Duplex
Property Description
Turn-key and teeming with potential! This Prime investment property sits right on the edge of CU's buzzing campus, nestled in one of University Hill's most coveted blocks. With smart upgrades, strong tenant demand, and solid rental returns, it's a ready-to-roll opportunity for your next portfolio win! RHL-00995550 Duplex + 4 Rooming Units. 879 is a three bed / 1 bath carriage house with character. 881 is a 1960's purpose-built student housing apartment building with 7 beds and 3 baths. Together they share 10 parking spaces (a highly valued amenity), an outdoor hardscaped patio and arguably the best location on the Hill, a stone's throw from CU Campus, like literally. Leased through 7/2026 with a net zero lease (tenants pay for trash, water, sewer, gas, electric and grounds). Property is professionally managed by Sunnyside and has a proven track record of running at a 20% expense ratio. 100% of windows have been replaced with double pane, high-efficiency vinyl. Newer roofs, new insulation and appliances, boiler and furnace, EV charger.
Location
State CO
County Boulder
Zoning MR-2
Interior
Heating Baseboard,Forced Air
Cooling Air Conditioning-Room
Exterior
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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