PRICE CUT $2,895,000 --> $2,845,000! This beautifully remodelled 4-unit multifamily property, located just steps from the Pearl Street Mall and near the peaceful Eben G. Fine Park, offers a rare investment opportunity in the heart of Boulder. Featuring 11 bedrooms and 5 bathrooms across four units, this property has been thoughtfully upgraded to appeal to a range of tenants. With a projected 2025 net income of $145,830 and a strong 5.13% cap rate, this property offers both immediate cash flow and long-term appreciation potential. Historically, the property has maintained a 0% vacancy rate, underscoring its desirability and stable rental demand. Reach out for financials and more detailed information—don’t miss out on this high-performing, centrally located investment property!
Listing Office: Tyler Turner, Independent Broker
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Ceiling Fan(s), High Ceilings, Laminate Counters, Smoke Free
Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
Balcony, Private Yard, Rain Gutters
Foothills, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Architecural Shingle, Membrane
Tyler Turner, Independent Broker
tylerjoturner1@gmail.com,303-260-8566
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Listing information last updated on November 2nd, 2024 at 12:18am MDT.