1012 15th Street

Boulder, CO 80302

$2,950,000
Price
8
Beds
5
Baths
3,390 Sq. Ft.
$870 / Sq. Ft.
3,390
Sq. Ft.
$870
per Sq. Ft.

Description

Large student rental property located in an unbeatable location on University Hill, just steps (literally) from CU Campus. This 10 bed / 6 bath six plex has a smart unit mix of studios, one bed, two beds and a three bed unit, with something for everyone! Leased through the 2024-2025 school year with projected NOI of $147,00 and a 4.9% cap rate.Large student rental property located in an unbeatable location on University Hill, just steps (literally) from CU Campus. This 10 bed / 6 bath six plex has a smart unit mix of studios, one bed, two beds and a three bed unit, with something for everyone! Leased through the 2024-2025 school year with projected NOI of $147,00 and a 4.9% cap rate.
  1. Listed by Todd Walsh • Market Real Estate • 3034445040
  2. Listed by Heidi Schamber • Market Real Estate

Amenities

  • Forced Air
LISTING UPDATED: 10/23/2024 09:31 AM

Property Details for 1012 15th Street

StatusActive
MLS #1016350
Days on Compass97
Taxes$15,853 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeIncome Property
Year Built1907
Lot Size0.14 AC / 6,136 SF
CountyBoulder County

Building Information for 1012 15th Street

Stories2Residences6Year Built1907Building Size-Lot Size0.14 AC / 6,136 SF

Property Information for 1012 15th Street

Summary
Location and General Information
  • Longitude and Latitude: -105.27338, 40.00575
  • Latitude: 40.01
  • Longitude: -105.27
  • Elementary School District: Boulder Valley Dist RE2
  • Middle Or Junior School District: Boulder Valley Dist RE2
Parking
  • Total Parking: 6.00
Taxes and HOA Information
  • Tax Information: No
  • Tax Annual Amount: $15,853
  • Parcel Number: R0005810
Property
Lot Information
  • Lot Size Area: 6,136.00
  • Lot Size Units: Square Feet
  • Has Irrigation Water Rights: No
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Location Description 2: No
  • Are Ditches Active: No
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Two
  • Home Warranty YN: No
Utilities
  • Utilities 1: No
  • Electric: Electric, Xcel
  • Gas: Natural Gas, Xcel
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Interior Features
  • ViewYN: Yes
  • Spa YN: No
  • Window Features: Window Coverings
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 1.00
  • Number of 1 bedroom units: 3
  • Number of units in Unit 1: 1
  • Unit 2's Number of Bedrooms: 1
  • Unit 2's Number of Baths: 1.00
  • Number of 2 bedroom units: 2
  • Number of units in Unit 2: 1
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 1.00
  • Number of 3 bedroom units: 1
  • Number of units in Unit 3: 2
  • Unit 4's Number of Bedrooms: 1
  • Unit 4's Number of Baths: 1.00
  • Number of units in Unit 4: 1
  • Unit 5's Number of Bedrooms: 1
  • Unit 5's Number of Baths: 1.00
  • Number of units in Unit 5: 1
Rental
Rental Information
  • Rent Unit 1: $4,600.00
  • Rent Unit 2: $1,745.00
  • Rent Unit 3: $3,190.00
  • Rent Unit 4: $2,095.00
  • Rent Unit 5: $1,645.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $13,275.00
  • Horse YN: No

Property History for 1012 15th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1012 15th Street

Taxable ValueLand$114,912Additions$57,848Total$172,760
Tax Record2023$15,051 ($1,254 / month)
Home Facts
Baths5Total Finished SqFt2,408 SqFtAbove Grade Finished SqFt1,204 SqFtFinished Basement SqFt1,204 SqFtStories1Lot Size6,142 SqFtStyleMulti-Family Dwelling (2-4)Year Built1907Year Renovated1975Zoning1115CountyBOULDERAPN1463-31-3-01-004

Schools near 1012 15th Street

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Flatirons Elementary School
PublicK to 5

Boulder High School
Public9 to 12

University Hill Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1012 15th Street is a multi-family home for sale in Boulder, CO 80302. This property was listed for sale on August 13, 2024 by Market Real Estate, it's currently listed at $2,950,000. It has been on the market for a total of 97 days and was last sold on November 4, 2020. This listing's school district is Boulder Valley Re 2 School District. Nearby schools include Flatirons Elementary School, Manhattan Middle School Of The Arts And Academics and Boulder High School. 1012 15th Street is a 8-bed, 5-bath, 3,390 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Market Real Estate, Todd Walsh; Market Real Estate, Heidi Schamber

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.