Boulder, CO 80302 1511 Broadway

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Presented By: Robinson Investment Co., Inc.; 3034643903
  • MLS# 1035830
  • 07/21/2025
  • Request Tour
  • Request Info
  • SQFT • 3,582

Home Details

Back on the market due to buyer financing - not due to any fault of the seller or the property. This rare investment opportunity on Boulder's coveted Hill is listed well below its recent $3.46 million appraisal. An exceptional performer with 7.09 CAP rate and 13.09 GRM, the property has a flawless occupancy record and secured rental income through August 2026. The property is ideally positioned just a one block to CU Boulder and 5 blocks to Pearl Street, directly across from the brand new beautifully curated Limelight Hotel & Conference Center. Set on an expansive lot stretching from Broadway to the alley, the property offers unparalleled outdoor space and convenience with parking for 10+ vehicles. The exterior has been freshly painted, with new decking on the covered front porch and a flagstone patio perched above Broadway. A spacious rear patio and an upper-level balcony provide additional outdoor living options. Inside, the residence functions beautifully as a legal 4-plex yet lives like a grand single home. Currently configured as 12 bedrooms, 4 bathrooms, and 3 kitchens across three levels - each with its own kitchen - there's ample flexibility to tailor the layout to your vision. A substantial living room offers the potential for an additional bedroom or entertainment space. Recent updates include a new water heater (2024), two new washers and dryers in the shared laundry, and durable hard-surface flooring in common areas. With strong rental history, prime location, and opportunities for value-add improvements, this is a sophisticated, income-producing asset in one of Boulder's most sought-after neighborhoods.
Presented By: Robinson Investment Co., Inc.; 3034643903

Interior Features for 1511 Broadway

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementPartially Finished
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings

General for 1511 Broadway

AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal
Attached Garage No
Cap Rate7.09
CityBoulder
Construction MaterialsWood/Frame
CountyBoulder
DirectionsGoogle maps
ElectricElectric, Xcel Energy
Elementary SchoolFlatirons
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income232944
HOANo
HeatingHot Water
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsThree Or More
Living Area UnitsSquare Feet
Lot Size Square Feet7056
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolManhattan
Net Operating Income216336
New ConstructionNo
Number Of Units Total4
Operating Expense16608
Patio/Porch FeaturesPatio, Deck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameGrand View Heights
Tax Annual Amount10311
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Virtual TourClick here
Year Built1907
Zoning4-plex

Exterior for 1511 Broadway

Exterior AmenitiesLighting, Balcony
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks
Lot Size Acres0.16
Lot Size Area7056
Other ParkingParking Per Unit(2 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Boulder
Waterfront Y/NNo

Additional Details

Price History

Schools

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

Jon Holsten

Price $3,050,000
MLS#1035830
List Date 07/21/2025
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
Visit My Website

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