1081-1083 13th St, Boulder, CO 80302 US Home

1081-1083 13th St, Boulder, Colorado

Property Details

Sold

$1,735,000

Listing Information

  • MLS: 718280
  • Bedrooms: 0
  • Baths: 0
  • Partial Baths: 0
  • SQ FT: 4626
  • Lot Size: 0

Property Description

In the heart of the Hill, this 4-unit apartment building has a 5.5% cap rate with property management or 6.37% if self-managed. Steps away from campus and Hill nightlife, the building is fully leased through August 2014 with gross rental income of $134,400. Each unit has 4 bedrooms (some may be non-conforming), 1 1/2 baths, full kitchen, and patio. Current rental license allows a total of 16 unrelated occupants. New exterior paint and gutters; some units have updated kitchens and bathrooms.

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