12 Beds
8 Baths
4,280 SqFt
12 Beds
8 Baths
4,280 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 4,280 sqft
Subdivision Pine Street
MLS Listing ID IRE4892009
Bedrooms 12
HOA Y/N No
Year Built 1989
Annual Tax Amount $13,293
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Source ires
Property Description
The property consists of four spacious 3-bedroom, 1.5-bathroom units with highly functional floor plans that continue to attract quality tenants year after year. Each unit features generous living space, private entrances, and layouts designed for long-term rental appeal. Off-street parking, on-site laundry, and mature landscaping further enhance tenant satisfaction and retention.
Located in the heart of Boulder, residents enjoy convenient access to Pearl Street, the University of Colorado, Google's Boulder campus, 29th Street, extensive bike paths, public transit, and countless outdoor recreation opportunities. The property's central location supports consistent rental demand and minimizes vacancy risk.
Current rents provide immediate income with additional upside potential through future renovations, operational efficiencies, or market rent adjustments. Whether you're looking to expand an existing portfolio, complete a 1031 exchange, or secure a premier asset in one of Colorado's strongest rental markets, this is an opportunity to acquire a high-demand multifamily property with both stability and growth potential.
Investment Highlights:
* Four 3-bedroom, 1.5-bathroom units
* Prime central Boulder location
* Strong and consistent rental demand
* Value-add and rental growth potential
* Off-street parking and on-site laundry
* Proximity to CU Boulder, Google, Pearl Street, and major employment centers
* Excellent walkability, bikeability, and transit access
* Rare multifamily asset in a supply-constrained market
Location
State CO
County Boulder
Community Pine Street
Area Boulder
Interior
Heating Forced Air
Cooling Central Air, Wall/Window Unit(s)
Exterior
Parking Features Off Street
Garage Spaces 5.0
View Y/N No
Roof Type Composition
Garage Yes
Building
Sewer Public Sewer
Water City
Level or Stories Two
Structure Type Frame
New Construction false
Schools
Elementary Schools Whittier Int'L
Middle Schools Casey
High Schools Boulder Valley Dist Re2
School District Boulder Valley Dist Re2
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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