Boulder, CO 80304 3160 Folsom St
$1,300,000
21 more
Presented By: RE/MAX of Boulder, Inc; 3035708655
Beds • 8
Baths • 4
SQFT • 3,510
Home Details
Prime Central Boulder investment! Unlock a golden opportunity in the heart of Boulder with this classic 1967 side-by-side brick duplex. Perfectly situated in Central Boulder, the property delivers both strong rental income and future potential. Each unit is currently leased at $3,000/month, and the detached garage provides an additional $480/month - with room to increase rents over time. Inside, thoughtful updates include fresh paint, new carpet, and durable LVT flooring, ensuring a turnkey experience for tenants or future owners. There is expansive alley parking. The property sits directly on the bike path and bus route, providing unmatched convenience to Boulder's best amenities - from CU, Pearl Street Mall and 29th Street shops to endless trails and outdoor adventures. Whether you're seeking a pure investment property or envision living on one side while renting the other, this versatile duplex offers the flexibility and value that make Boulder real estate so desirable.
Presented By: RE/MAX of Boulder, Inc; 3035708655
Interior Features for 3160 Folsom St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementFull, Partially Finished
Fireplace FeaturesFree Standing
Fireplace Y/NYes
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesHigh Speed Internet, Eat-in Kitchen, Open Floorplan, Outside Entry
Laundry FeaturesWasher/Dryer Hookups
General for 3160 Folsom St
AppliancesElectric Range/Oven, Refrigerator, Washer, Dryer, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate5.14
CityBoulder
Construction MaterialsBrick/Brick Veneer
CountyBoulder
ElectricElectric, Separate Meter Electricity, Xcel Energy
Elementary SchoolColumbine
Entry LocationOutside Entry
ExclusionsTenant property
Garage Y/NNo
Gas Y/NNatural Gas, Separate Meter Gas, Xcel Energy
Gross Income77760
HOANo
HeatingHot Water
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet9406
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income66813
New ConstructionNo
Number Of Units Total2
Operating Expense10947
Patio/Porch FeaturesPatio
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
Stories Count1
Structure TypeDuplex
Subdivision NameOskarson
Tax Annual Amount6393
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Virtual TourClick here
Year Built1967
ZoningRES
Exterior for 3160 Folsom St
FencingChain Link
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Level
Lot Size Acres0.22
Lot Size Area9406
Other ParkingParking Per Unit(2 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved, Concrete
SpaNo
Water SourceCity Water, City of Boulder
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Columbine Elementary School
High School
Boulder High School
Middle School
Casey Middle School
