Estate liquidation. Burgess Group, Compass is proud to present 1034 Pleasant St, a recently updated four-unit, 7 bedroom, 4 bath property in the heart of University Hill in Boulder, CO. An easy walk to the CU campus, these cute units are very appealing and rent very consistently for steadily increasing rents. This well-maintained property has now been Fully rented for 2022-2023-2024. Has outstanding cash flow with a projected cap rate of 6.02 on a NOI of $120,424 with room for improvements and rent increases. With light and bright interiors, stackable washer and dryers in each unit, a no-maintenance yard, fenced in Astroturf lawn for sunbathing, Jellyfish LED exterior lights, electronic keypad access, and electric baseboard backup heat in each room, this property is both desirable to tenants and easy to manage. Over 109k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: http://bit.ly/1034_Pleasant
Sold for $1,960,000 on 03/23/23
$1,960,000
1034 Pleasant St, Boulder, CO 80302
7beds
4baths
2,764sqft
Multi Family
Built in 1957
-- sqft lot
$2,082,100 Zestimate®
$709/sqft
$6,571 Estimated rent
Home value
$2,082,100
$1.87M - $2.33M
$6,571/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 01, 2024 at 09:37pm
Listed by:
Andy Burgess 303-506-5669,
Compass - Boulder,
Catherine Burgess 303-506-5669,
Compass - Boulder
Bought with:
Stacy Robinson
Robinson Investment Co., Inc.
Source: IRES,MLS#: 979139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Hot Water, Baseboard, 2 or More Heat Sources, Wall Furnace
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Laundry: Washer/Dryer Hookups
Features
- High Speed Internet, Pantry, Outside Entry
- Flooring: Wood, Wood Floors
- Windows: Window Coverings, Wood Frames, Wood Windows
- Basement: Full,Partially Finished,Walk-Out Access,Sump Pump
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Parking features: Alley Access
- Details: Parking Per Unit(1 Space/Unit)
Accessibility
- Accessibility features: Level Lot, Near Bus, No Stairs, Main Floor Bath, Accessible Bedroom
Features
- Stories: 1
- Entry location: Outside Entry
- Patio & porch: Patio, Deck
- Exterior features: Lighting, Outside Entry
- Fencing: Partial,Metal Post Fence
Lot
- Size: 5,065 sqft
- Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Sloped, Within City Limits
Details
- Parcel number: R0002370
- Zoning: MF
- Special conditions: Licensed Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame, Brick, Composition Siding, Wood Siding, Painted/Stained, Concrete
- Foundation: Slab
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: Electric, Separate Meter Electricity, Xcel
- Gas: Natural Gas, Master Meter-Gas, Xcel
- Sewer: City Sewer
- Water: City Water, City of Boulder
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available
Community & neighborhood
Location
- Region: Boulder
- Subdivision: Capitol Hill
Other
Other facts
- Income includes: Lease/Rents
- Listing terms: Cash,Conventional
- Road surface type: Paved, Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2023 | Sold | $1,960,000-1.8%$709/sqft |
Source:  IRES #979139 | ||
| 1/26/2023 | Price change | $1,995,000-9.1%$722/sqft |
Source: IRES #979139 | ||
| 11/23/2022 | Listed for sale | $2,195,000$794/sqft |
Source: IRES #979139 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,059 +20.9% | $118,436 +0.5% |
| 2023 | $8,320 +2.5% | $117,826 +36.4% |
| 2022 | $8,116 -6.9% | $86,360 -4.9% |
Find assessor info on the county website
Neighborhood: University Hill
Nearby schools
GreatSchools rating
- 6/10Flatirons Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Manhattan Middle School Of The Arts And AcademicsGrades: 6-8Distance: 2.9 mi
- 10/10Boulder High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Flatirons
- Middle: Manhattan
- High: Boulder
Source: IRES. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$2,082,100
2% more+ $41,642
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$2,123,742