40.007416 -105.28006
1100 10th Street Boulder CO 80302 279265991 40.007416 -105.28006 60105 /listing/279265991-151082055/1100-10th-street-boulder-co-80302 False 0 2925000.0 3779 105 100 9581377 False 1911

1100 10th Street

Boulder, CO 80302 MLS# 9581377

Active 08/29/20

279265991 False False 40.007416 -105.28006 60105 /listing/279265991-151082055/1100-10th-street-boulder-co-80302 False 0 2925000.0 3779 105 9581377 False 27323268 0
$2,925,000
MLS# 9581377
Active 08/29/20
  1. Listed on 08/29/20
  • 3,779 Square Feet Sq.Ft
  • 1911 Year Built Yr. Built
1100 10th Street Boulder, CO 80302 MLS# 9581377
Active 08/29/20
279265991 40.007416 -105.28006 60105 /listing/279265991-151082055/1100-10th-street-boulder-co-80302 False 0 2925000.0 3779 105 9581377 False
$2,925,000
  • 3,779 Square Feet
  • 1911 Year Built
  1. Listed on 08/29/20
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Description

Student Rental Investment Portfolio. Duplex 3 levels (#A Main, Upper 4Bd/2Ba, #B Basement 4Bd/1Ba). One of 6 duplexes and triplexes all on the same block on 10th & College, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 8%), 100% occupancy rate. Pre-leased through Aug 2022. Being sold separately or combined with 1100, 1130 & 1164 10th St. Major capital improvements include newer hail resistant roofs (~2010), newer main drain sewer lines, newer HVACs, new plumbing, noise insulated flooring, granite counters, stainless appliances. Outstanding, proven business model includes 4 sources of income with little to no advertising. Portfolios like this are rarely available in Boulder. Zoned RH-5. Full investment package available by request. thehillportfolio.com

Courtesy Of RE/MAX Alliance on Walnut
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Structure Type: Duplex
  • Levels: Three Or More
  • Architecture: Bungalow
  • Subdivision: University Terrace
  • SqFt Finished: 3636.00
  • SqFt Above: 2357.00
  • SqFt Basement Finished: 1279.00
  • SqFt Basement Unfinished: 143.00
  • PSF Total: 774.01
  • PSF Finished: 804.46
  • PSF Above Grade: 1240.98
  • Year Built: 1911
  • Property Condition: Updated/Remodeled
  • Construction Materials: Brick, Frame, Stone
  • Foundation Details: Slab
  • Special Listing Conditions: None Known
  • Ownership: Individual
  • Possession: Rental Agreement, Subject To Tenant Rights
  • Directions: From Broadway, West on College, North on 10th St., between College and Pennsylvania on 10th.
  • Stories: 3
Interior Features
  • Flooring: Vinyl
  • Interior Features: Granite Counters
  • Laundry Availability: Common Area
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Exclusions: None
  • Fireplace Features: Living Room, Wood Burning
  • No. of Fireplaces: 1
  • Occupant Type: Tenant
  • Security Features: Carbon Monoxide Detector(s)
  • Unit Count: 2
Unit Info
  • 4 Bedroom Or More
  • Average Rent: 5992.00, 7553.00
  • Average SqFt: 1422.00, 2357.00
  • Dishwashers: 1
  • Dryers: 1
  • Parking Per Unit: 3
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 4 Bedroom Or More
  • Unit Type Baths Total: 1, 2
  • Unit Type Beds Total: 4
  • Unit Type Description: #A Main & Upper levels, #B Basement
  • Unit Type Units Total: 1
  • Washers: 1
Room Details
  • Basement: Daylight, Exterior Entry, Full, Walk-Out Access
  • Basement YN: Y
Parking/Garage
  • Off-Street
  • Parking Description: $80/mo ea
  • Parking Spaces Number Of: 6
  • Parking Type: Off-Street
  • Parking Total: 6
  • Total Offstreet Spaces: 6
Community/Neighborhood Information
  • Walk Score: 88
HOA
  • HOA YN: N
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Restrictions/Covenants YN: N
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Owner Pays Utilities: Insurance, Taxes
  • Tenant Pays: Electricity, Gas, Grounds Care, Other, Trash Collection, Water
  • Utilities Paid By Tenant: Included in Rent
  • Actual Annual Net Income: 146321.00
  • Cap Rate: 5.00
  • Cap Rate Calculation: Actual
  • Gross Income: 179752.00
  • Legal Description: LOTS 16-17 BLK 3 UNIVERSITY TERRACE
  • Operating Expense: 33431.00
  • Operating Expense Includes: Accounting, Insurance, Legal, Maintenance, Professional Management, Real Estate Tax, Utilities
  • Projected Annual Expense: 34431.00
  • Projected Annual Net Income: 158324.00
  • Projected Gross Income: 192755.00
  • Tax Amount: 8718.00
  • Tax ID: 146331241009
  • Tax Year: 2019
Utilities & Green Home Features
  • Cooling: Air Conditioning-Room, Other
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public
Exterior & Lot Features
  • Roof: Composition
  • Faces: West
  • View: Mountain(s)
  • Patio And Porch Features: Front Porch
  • Zoning: HDRE
Schools Near 1100 10th Street Boulder, CO
District: Boulder Valley RE 2
Schools: Flatirons, Casey, Boulder
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1911 11TH ST STE 107

BOULDER, CO 80302
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