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Christine Gwinnup

christine@theboldcollectivehomes.com +1(303) 709-4262

$ 4,500,000

Est. payment | -/mo

8,584 SqFt

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$ 4,500,000

Est. payment | -/mo

Save

8,584 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,584 sqft

Subdivision Tr, Nbr 158, 160, 162

MLS Listing ID IRE1064623

HOA Y/N No

Year Built 1942

Annual Tax Amount $24,060

Tax Year 2025

Lot Size 0.320 Acres

Acres 0.32

Source ires

Property Description

Generational CU Boulder student housing opportunity - 9 units one block from campus and The Hill, offered at $4,500,000. Assets like this trade once a generation: the property has been held by the same family ownership for decades, and now comes to market 100% occupied with a proven University rental history.The offering consists of two buildings on a 13,963 SF (0.32-acre) high-density RH-1 corner lot at 19th & Marine: an 8-unit 2 Story Town-home style apartment building featuring four 3BD/1.5BA and four 2BD/1.5BA units, plus a detached 4BD/1.5BA cottage - 8,584 SF of total building area with 15 on-site parking spaces, a rarity this close to campus.In-place income is $26,655/month ($319,860/year) with immediate, documentable upside: current rents sit below prevailing market medians ($3,800 3BD / $2,425 2BD / $4,975 4BD per current comp surveys within one mile), supporting approximately $358,000 gross at market - roughly 12% organic growth captured on natural turnover, no renovation required. The predictable academic leasing cycle allows a new owner to mark units to market annually while maintaining effectively zero vacancy.Location is amazing. Walk to the CU quad, The Hill's shops and restaurants, and minutes to Pearl Street. Boulder's strict growth boundaries, height limits, and near-zero new supply pipeline - combined with CU's 35,000+ enrollment - create structural, recession-resistant rental demand that cannot be built away. RH-1 zoning preserves long-term density and redevelopment optionality on a true corner parcel.Capital items addressed: 2025 roof replacement (1395 building). Comprehensive due diligence package available upon request, including 2025 operating financials, current rent roll, professional inspection report, and sewer scope reports for both buildings - a transparency level rarely offered, enabling buyers to underwrite with confidence and move quickly.Shown by appointment only; please do not disturb tenants.

Location

State CO

County Boulder

Community Tr, Nbr 158, 160, 162

Area Boulder

Zoning RH-1

Rooms

Basement None

Interior

Heating Forced Air

Appliance Electric Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Improvements No

Porch Deck

Garage No

Building

Lot Description Sidewalks

Water City

Level or Stories Two

Structure Type Stone,Wood Siding

New Construction false

Schools

Elementary Schools Creekside

Middle Schools Manhattan

High Schools Boulder Valley Dist Re2

School District Boulder Valley Dist Re2

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Nora Fan

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(303) 709-4262

christine@theboldcollectivehomes.com

Loveland, Colorado

1395 19th Boulder, CO 80302

Christine Gwinnup

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1395 19th