Boulder, CO 80303 4885 Eisenhower Dr

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Presented By: Coldwell Banker Realty 02; 3038756933
  • MLS# 1026668
  • 02/19/2025
  • Request Tour
  • Request Info
  • Beds • 8
  • Baths • 8
  • SQFT • 4,144

Home Details

Welcome to 4885 Eisenhower Drive in beautiful Boulder, CO-a fantastic opportunity to invest in a well-maintained 4-unit apartment building nestled in a serene residential neighborhood. This property boasts a generous 4,144 square feet of living space on a 10,629 square foot lot, ensuring plenty of room for tenants to enjoy.Each unit offers two spacious bedrooms and two bathrooms, including a primary bedroom with a private 3/4 bath and a second bedroom with access to a full bath. The large living areas are perfect for relaxation or entertaining, offering tenants a comfortable and inviting space to call home.Additional perks include a detached garage, complete with a storage locker ideal for bikes and outdoor gear-a must-have for those who love to explore Boulder's renowned bike paths. The location is prime, with convenient proximity to a variety of restaurants, shopping options, and easy access to outdoor activities.Having been owned by the same family for nearly 40 years, this property has been lovingly cared for and presents a unique opportunity. The current rents are below market value, providing the new owner with significant potential to increase income. Don't miss out on this exceptional investment opportunity in one of Boulder's most desirable areas!
Presented By: Coldwell Banker Realty 02; 3038756933

Interior Features for 4885 Eisenhower Dr

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths8

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace FeaturesSingle Fireplace
Fireplace Y/NYes
Heating Y/NYes
Window FeaturesWindow Coverings, Double Pane Windows

General for 4885 Eisenhower Dr

AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Attached Garage No
Cap Rate2.63
CityBoulder
Construction MaterialsWood/Frame, Brick/Brick Veneer
CountyBoulder
ElectricElectric
Elementary SchoolEisenhower
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income70860
HOANo
HeatingForced Air
High SchoolFairview
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet10454
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolManhattan
Net Operating Income43326.55
New ConstructionNo
Number Of Units Total4
Operating Expense27533.45
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive/Backup
Stories2
Subdivision NameArapahoe Ridge 4
Tax Annual Amount9796
Tax Year2024
Tenant PaysGas, Electricity
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1973
ZoningMulti Fam

Exterior for 4885 Eisenhower Dr

Horse Y/NNo
Lot FeaturesWooded
Lot Size Acres0.24
Lot Size Area10454
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water, City of Boulder

Additional Details

Price History

Schools

High School Fairview High School
Elementary School Eisenhower Elementary School
Middle School Manhattan Middle School

Jon Holsten

Price $1,650,000
MLS#1026668
List Date 02/19/2025
Property Type Backup
Phone 970.237.2752
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