Perfectly positioned within Whittier, this property presents an ideal opportunity for rental income and investment. Comprised of three separate legal, nonconforming residences, this property offers upside possibilities for crafting a personalized vision in a coveted location. The first, front-facing residence A features two bedrooms complemented by a bathroom. Two attached, rear residences, B + C, each feature one bedroom and one bathroom. All 3 units have freestanding, wood-burning fireplaces, electric range ovens and dishwashers. Each residence has separate utilities and parking spaces located off the alley. Quaint yards present space for enjoying the outdoors or for pets to run and play. Residence A is currently available and residences B + C are leased up to July 30 2023. Tenants pay gas + electric and are billed back for water, sewer and trash. Situated in a desirable downtown location near East Pearl District and Pearl Street mall, this property is brimming with potential.
Sold for $900,000 on 08/21/23
$900,000
1925 Spruce St, Boulder, CO 80302
4beds
3baths
2,285sqft
Multi Family
Built in 1942
-- sqft lot
$1,276,700 Zestimate®
$394/sqft
$4,394 Estimated rent
Home value
$1,276,700
$1.06M - $1.52M
$4,394/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 02, 2024 at 01:37am
Listed by:
John McElveen 303-876-1073,
milehimodern - Boulder
Bought with:
Jason Boston
RE/MAX Nexus
Source: IRES,MLS#: 988108
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Range/Oven, Dishwasher, Refrigerator
Features
- Open Floorplan, Open Floor Plan
- Windows: Window Coverings
- Basement: None
- Has fireplace: Yes
- Fireplace features: Free Standing
Interior area
- Total structure area: 2,285
- Total interior livable area: 2,285 sqft
Property
Parking
- Parking features: Alley Access
- Details: Parking Per Unit(1 Space/Unit)
Accessibility
- Accessibility features: Level Lot, Main Floor Bath, Accessible Bedroom
Features
- Stories: 1
- Exterior features: Lighting
- Fencing: Partial,Fenced,Wood
- Has view: Yes
- View description: Hills
Lot
- Size: 6,898 sqft
- Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
Details
- Additional structures: Storage
- Parcel number: R0004698
- Zoning: RES
- Special conditions: Partnership
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cottage/Bung,Ranch
- Property subtype: Multi Family
Materials
- Wood/Frame
- Roof: Composition
Condition
- Fixer, Not New, Previously Owned
- New construction: No
- Year built: 1942
Utilities & green energy
- Electric: Electric, Separate Meter Electricity, Xcel
- Gas: Natural Gas, Separate Meter Gas, Xcel
- Sewer: City Sewer
- Water: City Water, District Water, City of Boulder
- Utilities for property: Natural Gas Available, Electricity Available
Green energy
- Energy efficient items: Southern Exposure
Community & neighborhood
Location
- Region: Boulder
- Subdivision: Boulder O T East & West & North
HOA & financial
Other financial information
- Total actual rent: 3440
Other
Other facts
- Income includes: Lease/Rents
- Listing terms: Cash,Conventional
- Road surface type: Paved, Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2023 | Sold | $900,000-21.7%$394/sqft |
Source:  IRES #988108 | ||
| 6/23/2023 | Price change | $1,150,000-12.8%$503/sqft |
Source: IRES #988108 | ||
| 5/18/2023 | Listed for sale | $1,319,000$577/sqft |
Source: IRES #988108 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,087 +18.1% | $96,139 -16.7% |
| 2023 | $6,847 +2.5% | $115,370 +61.8% |
| 2022 | $6,678 +2.8% | $71,304 -17.6% |
Find assessor info on the county website
Neighborhood: Whittier
Nearby schools
GreatSchools rating
- 8/10Whittier Elementary SchoolGrades: K-5Distance: 0.1 mi
- 5/10Casey Middle SchoolGrades: 6-8Distance: 0.5 mi
- 10/10Boulder High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: Whittier
- Middle: Casey
- 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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$1,276,700
2% more+ $25,534
With Zillow Showcase(estimated)
$1,302,234