40.00926 -105.2792
1028 Pleasant Street Boulder CO 80302 287448414 40.00926 -105.2792 60105 /listing/287448414-151082055/1028-pleasant-street-boulder-co-80302 False 0 2600000.0 3266 105 606 10 3 8799219 False 1899 0.12 0.12

1028 Pleasant Street

Boulder, CO 80302 MLS# 8799219

Pending 01/18/21 01/23/21

287448414 False False 40.00926 -105.2792 60105 /listing/287448414-151082055/1028-pleasant-street-boulder-co-80302 False 0 2600000.0 3266 105 10 3 8799219 False 45873815 0
$2,600,000
MLS# 8799219
Pending 01/18/21 01/23/21
  1. Listed on 01/18/21
  • 10 Bedrooms Beds
  • 3 Bath Baths
  • 3,266 Square Feet Sq.Ft
  • 0.12 Acres
  • 1899 Year Built Yr. Built
1028 Pleasant Street Boulder, CO 80302 MLS# 8799219
Pending 01/18/21 01/23/21
287448414 40.00926 -105.2792 60105 /listing/287448414-151082055/1028-pleasant-street-boulder-co-80302 False 0 2600000.0 3266 105 10 3 8799219 False
$2,600,000
  • 10 Bedrooms
  • 3 Bath
  • 3,266 Square Feet
  • 0.12 Acres
  • 1899 Year Built
  1. Listed on 01/18/21
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Description

Calling all Investors! Well maintained, student-focused rental for sale on the Hill, walking distance to CU Boulder. This 3-unit property has 10 spacious, rentable bedrooms overall, and it is almost fully rented through end of July 2022. The 2 top units have been rented out and the basement unit is showing promising interest. Current lease goes to through the end July 2021. The rent for the new leases has been raised from $7300/month total to $9700/month total. 5 parking spots off alley in the back of the home, with ample street parking out front. Current rental license goes through 9/18/2022 and is possibly transferable. Property has very low to no vacancies. Many updates to the property in the last 10 years. Please see attached doc, virtual tours, Matterport tours and website for more info. No in person showings until property is under contract. https://myorbitmedia.hd.pics/1028-Pleasant-St

Courtesy Of Compass Colorado, LLC - Boulder
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Structure Type: Triplex
  • Levels: Two
  • Subdivision: Capitol Hill-BO
  • Beds: 10
  • SqFt Finished: 3266.00
  • SqFt Above: 2294.00
  • SqFt Basement Finished: 972.00
  • SqFt Basement Unfinished: 0.00
  • PSF Total: 796.08
  • PSF Finished: 796.08
  • PSF Above Grade: 1133.39
  • Price Per Acre: 21666666.67
  • Year Built: 1899
  • Property Condition: Updated/Remodeled
  • Construction Materials: Brick
  • Special Listing Conditions: None Known
  • Ownership: Individual
  • Possession: Closing/DOD, Negotiable
  • Stories: 2
Interior Features
  • Flooring: Carpet, Linoleum
  • Interior Features: Ceiling Fan(s)
  • Laundry Availability: None
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Exclusions: Tenant's Personal Property
  • Occupant Type: Tenant
  • Security Features: Smoke Detector(s)
  • Unit Count: 3
Unit Info
  • 3 Bedroom
  • Air Conditioners: 0
  • Average Rent: 2100.00, 2400.00
  • Average SqFt: 1147.00, 972.00
  • Dishwashers: 0, 1
  • Dryers: 0
  • Hookups: 0
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 3 Bedroom
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Description: Basement unit, rent to be increased to $900/bedroom, Main level unit, rent increased to $1k/bedroom in 2021
  • Unit Type Units Total: 1
  • Washers: 0
  • 4 Bedroom Or More
  • Air Conditioners: 0
  • Average Rent: 2800.00
  • Average SqFt: 1147.00
  • Dishwashers: 1
  • Dryers: 0
  • Hookups: 0
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 4 Bedroom Or More
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Description: Top floor unit, rent increased to $1k/bedroom in 2021
  • Unit Type Units Total: 1
  • Washers: 0
Room Details
  • Basement: Finished, Full
  • Basement YN: Y
Parking/Garage
  • Off-Street
  • Parking Description: Behind home off of alley
  • Parking Spaces Number Of: 5
  • Parking Type: Off-Street
  • Parking Total: 5
  • Total Offstreet Spaces: 5
Community/Neighborhood Information
  • Distance to Bus: 4
  • Distance To Bus Units: Minutes
  • Walk Score: 92
HOA
  • HOA YN: N
  • Restrictions: Other
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Restrictions/Covenants YN: Y
  • Total Annual HOA Fees: 0.00
Financial Considerations
  • Owner Pays Utilities: Exterior Maintenance, Insurance, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas, Internet, Trash Collection, Water
  • Utilities Paid By Tenant: Separate Bill from Owner
  • Actual Annual Net Income: 69527.17
  • Cap Rate: 2.67
  • Gross Income: 81610.13
  • Legal Description: LOT 4 BLK 5 CAPITOL HILL
  • Operating Expense: 12082.96
  • Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
  • Projected Annual Expense: 12000.00
  • Projected Annual Net Income: 104400.00
  • Projected Gross Income: 116400.00
  • Tax Amount: 8899.00
  • Tax ID: R0004459
  • Tax Year: 2019
Utilities & Green Home Features
  • Cooling: Other
  • Heating: Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
Exterior & Lot Features
  • Roof: Composition
  • Exterior Features: Balcony
  • Faces: North
  • Is Incorporated: Y
  • View: Mountain(s)
  • Fencing: None
  • Lot Features: Near Public Transit, Sprinklers In Front
  • Patio And Porch Features: Front Porch
  • Road Responsibility: Public Maintained Road
  • Zoning: RH-5
Schools Near 1028 Pleasant Street Boulder, CO
District: Boulder Valley RE 2
Schools: Flatirons, Manhattan, Boulder
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