Located just steps from Pearl Street and CU Boulder, 1631 19th St presents a rare chance to own a stabilized 7-unit multifamily property in one of Boulder's most sought-after rental corridors. This income-producing asset features 21 bedrooms and 10 bathrooms across 7,400 square feet, with an attractive unit mix of two 2BR/1BA units, three 3BR/1BA units, and two 4BR/2BA units. The property has benefited from $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and upgraded bathroom exhaust systems, blending classic Boulder charm with modernized infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy. With a current cap rate of 5.1% and a pro forma cap rate of 5.6%, coupled with strong tenant demand, this property offers investors both stability and future upside in the heart of Boulder. No Assumable Loan or Seller Financing
For sale
Price cut: $100K (10/1)
$4,500,000
1631 19th St, Boulder, CO 80302
21beds
9baths
7,400sqft
Est.:
Attached Dwelling, Multi Family
Built in 1900
-- sqft lot
$4,076,100 Zestimate®
$608/sqft
$-- HOA
What's special
New roofOff-street parking spacesBathroom exhaust fan systems
- 89 days |
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