Boulder, CO 80302 1631 19th St
$4,500,000
10 more
Presented By: Live West Realty; 3038186236
Beds • 21
Baths • 9
SQFT • 7,400
Home Details
Located just steps from Pearl Street and CU Boulder, 1631 19th St presents a rare chance to own a stabilized 7-unit multifamily property in one of Boulder's most sought-after rental corridors. This income-producing asset features 21 bedrooms and 10 bathrooms across 7,400 square feet, with an attractive unit mix of two 2BR/1BA units, three 3BR/1BA units, and two 4BR/2BA units. The property has benefited from $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and upgraded bathroom exhaust systems, blending classic Boulder charm with modernized infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy. With a current cap rate of 5.1% and a pro forma cap rate of 5.6%, coupled with strong tenant demand, this property offers investors both stability and future upside in the heart of Boulder. No Assumable Loan or Seller Financing
Presented By: Live West Realty; 3038186236
Interior Features for 1631 19th St
Bedrooms
Total Bedrooms21
Bathrooms
Total Baths9
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementPartial
Fireplace FeaturesFree Standing
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesHigh Speed Internet, Cathedral/Vaulted Ceilings, Outside Entry
Window FeaturesWindow Coverings
General for 1631 19th St
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Attached Garage No
Cap Rate5.61
CityBoulder
Construction MaterialsWood/Frame, Vinyl Siding
CountyBoulder
DirectionsGoogle Maps
ElectricElectric, Xcel Energy
Elementary SchoolWhittier
Entry LocationOutside Entry
ExclusionsResidents Personal Property
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income369124
HOANo
HeatingHot Water
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsFour-Level
Living Area UnitsSquare Feet
Lot Size Square Feet11880
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income252640
New ConstructionNo
Number Of Units Total7
Operating Expense116484
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories Count4
Subdivision NameCulver
Tax Annual Amount18450
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Year Built1900
ZoningRH-2
Exterior for 1631 19th St
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot, Wooded, Level
Lot Size Acres0.27
Lot Size Area11880
Other ParkingParking Per Unit(2 Spaces/Unit)
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
Middle School
Casey Middle School
Elementary School
Whittier Elementary School
