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$2,400,000
68 Days Online

1056 11th St
Boulder, CO 80302

For Sale|Multi-Family|Active
Subdivision:
University Place
County:
Boulder

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(303) 827-6320
1056 11th St1056 11th St1056 11th St1056 11th St
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Estate liquidation. Burgess Group, Compass is proud to present 1056 11th St, a recently renovated duplex, 9 bedroom (with 8 rentable bedrooms) asset in the heart of University Hill in Boulder, CO. Consistently rented to sororities for top-dollar with steady annual increases, this extremely well-maintained property has outstanding cash flow with a projected cap rate of 5.6 on a NOI of $146,000, with room for additional parking income, improvements, and rent increases. Unit #1056 11th St is already leased for 2023-24 for $153,600; Just 3 blocks from CU campus and The Hill business district, this property has an ideal location and features a light, bright interior, vinyl plank flooring, new sewer line, a 2015 class 4 roof, 6 ft steel locking security fencing, Jellyfish LED exterior lights, and electric baseboard backup heat in each room. Over 40k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: https://bit.ly/1054_11th

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Listing Snapshot
Price 
$2,400,000
Days Online 
68 Days
Bedrooms 
8
Inside Area (SqFt) 
4,025 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1923
MLS Number 
979140
Status 
Active
Property Tax 
$7,802
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS
5 days agoPrice changed to $2,400,000
2 months agoListing first seen online
General Features
Construction 
StuccoWood/FrameBrick/Brick Veneer
Parking 
Alley Access
Basement 
Full90%+ Finished BasementWalk- Out Access
Number of Stories 
2
Acreage 
0.14
Utilities 
Natural Gas AvailableElectricity AvailableCable Available
Zoning 
MF
Direction Faces 
West
Tenant Pays 
DepositGasElectricityWaterSewerTrash Collection
Buyer Agent Compensation 
2.80 %
Facilitator Compensation 
2.80 %
Interior Features
Heating 
Radiator2 or more Heat Sources
Appliances 
Electric Range/ OvenDishwasherRefrigeratorWasherDryerMicrowaveDisposalElectric Range/Oven
Flooring 
Wood Floors
Interior 
High Speed InternetSeparate Dining RoomWalk-In Closet(s)Outside Entry
Laundry Features 
Washer/ Dryer Hookups
Window Features 
Window CoveringsWood FramesSkylight(s)Double Pane Windows
Basement Foundation 
Full90%+ Finished BasementWalk-Out Access
Other Interior Features 
High Speed InternetSeparate Dining RoomWalk-In Closet(s)Outside Entry
Design Features 
Separate Dining RoomWood WindowsWalk-in ClosetWasher/Dryer HookupsSkylightsWood FloorsOutside Entry
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Exterior Features
Roof 
Composition
Fencing 
Fenced
Spa 
No
Waterfront Property 
No
Lot 
CurbsGuttersSidewalksFire Hydrant within 500 FeetLevelSlopedWithin City Limits
Road Frontage 
City StreetAlley
Fences 
FencedMetal Post Fence
Waterfront 
No
Community Features
MLS Area 
Boulder
Accessibility Features 
Level LotLevel DriveNear Bus
Schools
School District
Boulder Valley Dist RE2
Elementary School
Flatirons
Middle School
Manhattan
High School
Boulder
Listing courtesy of Compass - Boulder 3034875472

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Data last updated at 2023-01-31 06:25 AM MST.

Neighborhood & Commute
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