40.00604 -105.27952
1130 10th Street Boulder CO 80302 279317010 40.00604 -105.27952 60105 /listing/279317010-151082055/1130-10th-street-boulder-co-80302 False 0 2275000.0 2637 105 606 9803754 False 1907 0.10 0.10

1130 10th Street

Boulder, CO 80302 MLS# 9803754

Pending 08/30/20 10/28/20

279317010 False False 40.00604 -105.27952 60105 /listing/279317010-151082055/1130-10th-street-boulder-co-80302 False 0 2275000.0 2637 105 9803754 False 27323268 0
$2,275,000
MLS# 9803754
Pending 08/30/20 10/28/20
  1. Listed on 08/30/20
  • 2,637 Square Feet Sq.Ft
  • 0.10 Acres
  • 1907 Year Built Yr. Built
1130 10th Street Boulder, CO 80302 MLS# 9803754
Pending 08/30/20 10/28/20
279317010 40.00604 -105.27952 60105 /listing/279317010-151082055/1130-10th-street-boulder-co-80302 False 0 2275000.0 2637 105 9803754 False
$2,275,000
  • 2,637 Square Feet
  • 0.10 Acres
  • 1907 Year Built
  1. Listed on 08/30/20
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Description

Student Rental Investment Portfolio. Duplex #A Up & Main 4Bd/2Ba #B Bsmt 3Bd/1Ba. One of 6 duplexes and triplexes all on the same block on 10th & College - the heart of University Hill, only 8 blocks to CU Boulder. Excellent year over year rent growth (avg 10%), 100% occupancy rate. Rented through Aug 2021, will be pre-leased for Aug 2021-22 by October 2020. Being sold separately or as a package with 1100, 1110, 1120, 1134 (all adjacent) & 1164 10th St. Management team in place. Major capital improvements include newer hail resistant roofs (~2012), new 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. Email listing agent for Investment Package. Limited showing windows M,W,F 3-4pm only. Email or text LA for exceptions. 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: 2481.00
  • SqFt Above: 1606.00
  • SqFt Basement Finished: 875.00
  • SqFt Basement Unfinished: 156.00
  • PSF Total: 862.72
  • PSF Finished: 916.97
  • PSF Above Grade: 1416.56
  • Price Per Acre: 22750000.00
  • Year Built: 1907
  • Property Condition: Updated/Remodeled
  • Construction Materials: Brick, Frame, Stone
  • Entry Location: Exterior Access
  • Special Listing Conditions: None Known
  • Ownership: Agent Owner
  • Possession: Rental Agreement, Subject To Tenant Rights
  • Directions: From Broaday, west on College, North on 10th, between College & Pennsylvania.
  • Stories: 3
Interior Features
  • Flooring: Vinyl, Wood
  • Laundry Availability: In Basement, Main Level
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Exclusions: None
  • Occupant Type: Tenant
  • Unit Count: 2
Unit Info
  • 3 Bedroom
  • Average Rent: 3150.00
  • Average SqFt: 1031.00
  • Dishwashers: 1
  • Dryers: 1
  • Parking Per Unit: 2
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 3 Bedroom
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Description: #B Garden level
  • Unit Type Units Total: 1
  • Washers: 1
  • 4 Bedroom Or More
  • Average Rent: 7735.00
  • Average SqFt: 1606.00
  • Dishwashers: 1
  • Dryers: 1
  • Parking Per Unit: 3
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 4 Bedroom Or More
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Description: #A Main & Upper
  • Unit Type Units Total: 1
  • Washers: 1
Room Details
  • Basement: Daylight
  • Basement YN: Y
Parking/Garage
  • Reserved - Exclusive Use Only
  • Parking Spaces Number Of: 5
  • Parking Type: Reserved - Exclusive Use Only
  • Parking Total: 5
  • Total Offstreet Spaces: 0
  • Total Reserved Spaces: 5
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: Exterior Maintenance, Insurance, Taxes
  • Tenant Pays: Electricity, Gas, Grounds Care, Internet, Telephone, Trash Collection, Water
  • Utilities Paid By Tenant: Included in Rent
  • Actual Annual Net Income: 113206.00
  • Cap Rate: 4.98
  • Cap Rate Calculation: Actual
  • Gross Income: 140885.00
  • Legal Description: LOT 11 &S 1/2 LOT 10 BL 3 UNIVERSITY TERRACE
  • Operating Expense: 27679.00
  • Operating Expense Includes: Insurance, Legal, Maintenance, Professional Management, Real Estate Tax, Utilities
  • Projected Annual Expense: 28679.00
  • Projected Annual Net Income: 180835.00
  • Projected Gross Income: 152156.00
  • Tax Amount: 7328.00
  • Tax ID: 146331241006
  • Tax Year: 2019
Utilities & Green Home Features
  • Cooling: 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 1130 10th Street Boulder, CO
District: Boulder Valley RE 2
Schools: Flatirons, Casey, Boulder
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