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Sold for $1,100,000 on 12/08/22
  • $1,100,000

    740-742 30th St, Boulder, CO 80303

    8beds
    2baths
    2,208sqft
    Multi Family, Duplex
    Built in 1962
    -- sqft lot
    $1,091,000 Zestimate®
    $498/sqft
    $2,483 Estimated rent

    What's special

    Fully licensed and legal duplex close to campus off 30th St., just south of Baseline. Conforms to Boulder Smart Regs. Added insulation including crawl space. High efficiency furnaces. Each unit has off-street parking for 3 vehicles including one carport per unit, plus driveway and extra pad. Shared storage unit. Extra large yard. Both units are fully leased from Aug. 22' - 23' at $2,700 per month. 4th bedroom in unit 740 is non-conforming & is accessed from the 3rd bedroom. 742 4th bedroom can be accessed from 3rd bedroom, but also has an outside entrance. Great investment property with room for improvement. Property shows like the long term student rental that it is, and therefore may be under rented. But updating the interior and potentially increasing the rents to 3,200/mo. could boost the CAP Rate to nearly 4.7%.

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2024 at 01:34pm

    Listed by:

    John Chamberlin 303-449-7000,

    RE/MAX of Boulder, Inc

    Bought with:

    Clint Folsom

    Folsom & Co. Real Estate

    Source: IRES,MLS#: 961227MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    Heating
    • Forced Air, Individual Heat Source
    Appliances
    • Included: Electric Range/Oven, Refrigerator, Washer, Dryer, Microwave, Disposal
    • Laundry: Washer/Dryer Hookups
    Features
    • High Speed Internet, Open Floorplan, Open Floor Plan
    • Flooring: Wood, Wood Floors
    • Windows: Window Coverings
    • Basement: None,Crawl Space
    Interior area
    • Total structure area: 2,208
    • Total interior livable area: 2,208 sqft

    Property

    Features
    • Stories: 1
    • Fencing: Partial,Wood
    • Has view: Yes
    • View description: Hills
    Lot
    • Size: 8,276 sqft
    • Features: Level, Within City Limits
    Details
    • Parcel number: R0014419
    • Zoning: RM2
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family, Duplex
    Materials
    • Wood/Frame, Wood Siding, Painted/Stained
    • Roof: Composition
    Condition
    • Not New, Previously Owned
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: Separate Meter Electricity, Xcel
    • Gas: Natural Gas, Separate Meter Gas, Xcel
    • Sewer: City Sewer
    • Water: City Water, City of Boulder
    • Utilities for property: Natural Gas Available, Cable Available
    Green energy
    • Energy efficient items: HVAC, Thermostat

    Community & neighborhood

    Location
    • Region: Boulder
    • Subdivision: Baseline

    HOA & financial

    Other financial information
    • Total actual rent: 5400

    Other

    Other facts
    • Income includes: Lease/Rents
    • Listing terms: Cash,Conventional
    • Road surface type: Asphalt
    Services availability
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    Estimated market value

    $1,091,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,091,000