508 Pearl St, Boulder, CO 80302

$1,650,000
3,247
SqFt
List Price
$1,650,000
Days on Market
20
MLS#
907074
Property Type
Multifamily
Sqft. of Residence
3,247
Lot Size
7,840
Status
ACTIVE

Property Description

West Pearl rental property: Four 2 bedroom, 1 bath apartments. Rental income is under market value. Unit occupancy is up to 4 unrelated. Garage and large concrete parking area around back. SmartReg compliant. Minutes from downtown Pearl Street Mall. Lots of potential for this income property. Could consider reverting back to single family home. This property is located in City Of Boulder Historic District.

Additional Information

Lot Size
7,840
Capitalization Rate
3.17
Year Built
1876
Elementary School
Flatirons
Lot Improvements
Street Paved, Sidewalks
Zoning
R
New Financing
Cash, Conventional
Utilities
Natural Gas
Basement Foundation
Partial Basement
Approximate Acreage
0.18
Middle School
Casey
Locale
Boulder
High School
Boulder
Outdoor Features
Balcony, Patio
Unit Ones Numberof Bedrooms
2
Inclusions
All Appliances, Smoke Alarm(s)
Property Styles
2 Story
Heating
Forced Air, Electric Air Filter
Style
2 Story
Subdivision
BOULDER O T East & West & North
Listing Type Id
Income Property
School District
Boulder Valley Dist RE2
Gross Operating Income
60060.0000
Construction
Wood/Frame
Net Operating Income
$52,269
Total Operating Expense
7791.0000
Ownership
Partnership
Taxes
$7,791
Property Views
Foothills View
Possible Usage
Single Family, Multi Family
Parking Per Unit
1 Space/Unit
Tenant Pays
Deposit, Gas, Electric
Total Numberof Units
4

Listing courtesy of Base Real Estate.

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