Boulder, CO 80302 508 Pearl St
$3,000,000
9 more
Presented By: Ccb Real Estate Llc; 9703723007
Beds • 8
Baths • 4
SQFT • 3,603
Home Details
CBRE is pleased to present 508 Pearl St, a four-unit apartment building in Boulder, Colorado. The property was constructed in 1876 and features four two-bedroom, one-bathroom units with in-unit laundry hookups. Approximately $500k in exterior and interior renovations have been completed. Three of the four units have dishwashers, and the building has been completely renovated inside and out. The building is located in one of the most bulletproof rental and housing markets in the entire nation, Boulder, Colorado. The property is within walking distance of downtown Pearl Street and offers tenants immediate access to significant employment and lifestyle amenities.
Presented By: Ccb Real Estate Llc; 9703723007
Interior Features for 508 Pearl St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 508 Pearl St
AppliancesSome Appliances
Attached Garage No
Cap Rate3.51
CityBoulder
Construction MaterialsWood/Frame
CoolingCentral Air
CountyBoulder
ElectricElectric
Elementary SchoolUniversity Hill
ExclusionsTenant's personal property
Facing DirectionNorth
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income136800
HOANo
HeatingForced Air
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet7936
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income105355
New ConstructionNo
Number Of Units Total4
Operating Expense31445
Other StructuresStorage
Patio/Porch FeaturesDeck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Subdivision NameBoulder O T East & West & North
Tax Annual Amount17063
Tax Year2024
Tenant PaysDeposit, Gas, Electricity
UtilitiesNatural Gas Available, Electricity Available
ViewFoothills View
Year Built1876
ZoningN/A
Exterior for 508 Pearl St
Horse Y/NNo
Lot Size Acres0.18
Lot Size Area7936
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Water SourceCity Water, City
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Boulder High School
Middle School
Casey Middle School
Elementary School
University Hill Elementary School
