Boulder, CO 80302 315 Canyon Blvd 1-4

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Presented By: Tyler Turner, Independent Broker; tylerjoturner1@gmail.com,303-260-8566
  • MLS# 7250370
  • 09/03/2024
  • Request Tour
  • Request Info
  • Beds • 11
  • Baths • 5
  • SQFT • 3,956
  • Garage • 6

Home Details

This beautifully remodeled 4-unit multifamily property, located just steps from the Pearl Street Mall and near the peaceful Eben G. Fine Park, offers a rare investment opportunity in the heart of Boulder. Featuring 11 bedrooms and 5 bathrooms across four units, this property has been thoughtfully upgraded to attract a diverse range of tenants. The property has been pre-leased for August 2025 through July 2026, with a projected net operating income of $147,023. Notably, it was fully leased within just three days, demonstrating the exceptionally high demand for housing in this area. Due to this rapid lease-up period, we anticipate rental rates to grow by approximately 10% for the following leasing year. With a strong history of 0% vacancy and proven rental demand, this investment offers both immediate cash flow and long-term appreciation potential. Reach out for financials and more detailed information-don't miss out on this high-performing, centrally located investment property!
Presented By: Tyler Turner, Independent Broker; tylerjoturner1@gmail.com,303-260-8566

Interior Features for 315 Canyon Blvd 1-4

Bedrooms

Total Bedrooms11

Bathrooms

Total Baths5

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3776
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes

General for 315 Canyon Blvd 1-4

AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Attached Garage No
Cap Rate4.699999
CityBoulder
Construction MaterialsWood/Frame, Wood Siding
CoolingCentral Air, Ceiling Fan(s)
CountyBoulder
ElectricElectric, Separate Meter Electricity
Elementary SchoolWhittier Int'l
ExclusionsN/A
Exterior FeaturesBalcony
Garage Spaces6
Garage Y/NYes
Gas Y/NNatural Gas, Separate Meter Gas
Gross Income182724
HOANo
HeatingForced Air
High SchoolBoulder
High School DistrictBoulder Valley RE 2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet8326
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income147023
New ConstructionNo
Number Of Units Total4
Operating Expense35701
Other StructuresOutbuildings
Patio/Porch FeaturesPatio, Deck
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofRubber, Fiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameBoulder West Downtown
Tax Annual Amount16125
Tax Year2023
Tenant PaysGas, Electricity
Unit Number1-4
UtilitiesNatural Gas Available, Electricity Available, Cable Available
ViewFoothills View
Virtual TourClick here
Waterfront Y/NNo
Year Built1915

Exterior for 315 Canyon Blvd 1-4

Building Area Total3956
Covered Spaces6
FencingPartial
Horse Y/NNo
Lot FeaturesGutters, Lawn Sprinkler System
Lot Size Acres0.19
Lot Size Area8326
Other ParkingParking Per Unit(1.5 Spaces/Unit)
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

Middle School Casey Middle School
High School Boulder High School
Elementary School Whittier Int'l Elementary School

Jon Holsten

Price $3,125,000
MLS#7250370
List Date 09/03/2024
Property Type Income
Phone 970.237.2752
Request Tour
Request Info
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