Boulder, CO 80302 1631 19th St
$4,600,000
14 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, offering an attractive unit mix: (2) 2BR/1BA, (3) 3BR/1BA, and (2) 4BR/2BA layouts. With $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and bathroom exhaust fan systems, the property combines classic charm with upgraded infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy. Six of the seven units are pre-leased through 2026. Boasting a 5.2% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
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
BasementFull
Fireplace FeaturesFree Standing
Fireplace Y/NYes
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesCathedral/Vaulted Ceilings, Outside Entry
Laundry FeaturesCommon Area
Window FeaturesWindow Coverings, Double Pane Windows
General for 1631 19th St
AccessibilityLevel Lot, Near Bus
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal
Attached Garage No
Cap Rate5.19
CityBoulder
Construction MaterialsWood/Frame, Vinyl Siding
CountyBoulder
DirectionsGoogle Maps
ElectricElectric, Separate Meter Electricity, Xcel Energy
Elementary SchoolFoothill
Entry LocationOutside Entry
ExclusionsResidents Personal Property
Garage Y/NNo
Gas Y/NNatural Gas, Master Meter-Gas, Xcel Energy
Gross Income355247
HOANo
HeatingHot Water
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11880
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCentennial
Net Operating Income238593
New ConstructionNo
Number Of Units Total7
Operating Expense116654
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
Stories Count2
Subdivision NameCulver
Tax Annual Amount18450
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Exterior Maintenance, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewFoothills View
Year Built1900
ZoningRH-2
Exterior for 1631 19th St
Exterior AmenitiesBalcony
Horse Y/NNo
Lot FeaturesLawn Sprinkler System, Cul-De-Sac
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
Elementary School
Foothill Elementary School
Middle School
Centennial Middle School
