- Details
- Features
- Schools
- Mortgage Calculator
- Area Map & Drive Time
- Walk Score
- Demographics
- Nearby Homes
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
- 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
- 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
- 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
- Basement: Finished, Full
- Basement YN: Y
- 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
- Distance to Bus: 4
- Distance To Bus Units: Minutes
- Walk Score: 92
- 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
- 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
- Cooling: Other
- Heating: Baseboard
- Sewer: Public Sewer
- Water Source: Public
- 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
