Boulder, CO 80302 879 19th St

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Presented By: Market Real Estate; 3034445040
  • MLS# 1033265
  • 05/06/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 3
  • SQFT • 2,160

Home Details

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.
Presented By: Market Real Estate; 3034445040

Interior Features for 879 19th St

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementPartially Finished, Crawl Space
Fireplace Y/NNo
Heating Y/NYes
Window FeaturesDouble Pane Windows

General for 879 19th St

AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Attached Garage No
Cap Rate5.27
CityBoulder
Construction MaterialsBrick/Brick Veneer
CoolingRoom Air Conditioner
CountyBoulder
DirectionsHeading west on Baseline, take a right on 19th St. Property will be on the left.
ElectricElectric, Xcel Energy
Elementary SchoolFlatirons
ExclusionsTenant's personal property
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income208968
HOANo
HeatingForced Air, Baseboard
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet6023
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolManhattan
Net Operating Income163617
New ConstructionNo
Number Of Units Total2
Operating Expense45351
Possible UseMulti-Family
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
Structure TypeDuplex
Subdivision NameUniversity Place
Tax Annual Amount9951
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Waterfront Y/NNo
Year Built1963
ZoningMR-2

Exterior for 879 19th St

Horse Y/NNo
Lot Size Acres0.14
Lot Size Area6023
Other ParkingParking Per Unit(2 Spaces/Unit)
SpaNo
Water SourceCity Water, City of Boulder

Additional Details

Price History

Schools

High School Boulder High School
Elementary School Flatirons Elementary School
Middle School Manhattan Middle School

Jon Holsten

Price $3,100,000
MLS#1033265
List Date 05/06/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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