Beautiful, Downtown Boulder, 7 unit property! Originally built in 1920 with an effective age of 1975. One four bedroom, two bath home in front and three one bedroom one bath/three studio units in the back of the property. Amazing location only blocks from CU, Boulder Creek, Boulder Canyon, The Hill, and Pearl Street. Gorgeous courtyard, off street parking. Amazingly Maintained, renovated and runs consistently with 100% occupancy. All major structural components have been replaced and all units updated. A must have in any market!
Presented By: RE/MAX Alliance-Boulder; 3034423180
Interior Features for 1723 15th St
Bedrooms
Total Bedrooms10
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementCrawl Space
Fireplace Y/NNo
Heating Y/NYes
General for 1723 15th St
AppliancesAll Appliances
Attached Garage No
Cap Rate4.68
CityBoulder
Construction MaterialsWood/Frame, Stone
CountyBoulder
DirectionsTake get 36 north to Arapaho, turn left. Arapaho to 15th, turn right. Property will be on the left (west) side of 15th.
ElectricElectric, Xcel
Elementary SchoolWhittier
ExclusionsTenant personal property
Exterior FeaturesLighting
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income200000
HOANo
HeatingWall Furnace
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet7405
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income154462
New ConstructionNo
Number Of Units Total7
Operating Expense45538
Patio/Porch FeaturesPatio
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameCentral Boulder Apartments
Tax Annual Amount20538
Tax Year2024
Tenant PaysDeposit, Parking Fee
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1920
ZoningDT-1
Exterior for 1723 15th St
FencingPartial, Fenced
Horse Y/NNo
Lot FeaturesCurbs, Sidewalks, Fire Hydrant within 500 Feet
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