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$ 4,850,000
Est. payment | /mo
0.27 Acres Lot
$ 4,850,000
Est. payment | /mo
0.27 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3421353
HOA Y/N No
Year Built 1900
Annual Tax Amount $18,450
Tax Year 2024
Lot Size 0.273 Acres
Acres 0.27
Property Sub-Type Multi Family
Source recolorado
Property Description
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 12 off-street parking spaces and historically 0% vacancy—five of the seven units are pre-leased through 2026.
Boasting a 4.9% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
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 12 off-street parking spaces and historically 0% vacancy—five of the seven units are pre-leased through 2026.
Boasting a 4.9% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
Location
State CO
County Boulder
Zoning RH-2
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Parking Features Asphalt
Roof Type Composition
Total Parking Spaces 14
Garage No
Building
Lot Description Corner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Frame,Vinyl Siding
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Live West Realty