Boulder, CO 80302,1511 Broadway
Boulder, CO 80302,1511 Broadway
Boulder, CO 80302,1511 Broadway
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$3,150,000
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6,969 Sqft Lot
New

1511 Broadway Boulder, CO 80302

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Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Grand View Heights

MLS Listing ID 1035830

HOA Y/N false

Year Built 1907

Annual Tax Amount $10,311

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Income Property

Source IRES MLS

Property Description

4-plex on The Hill at a superb location students love - and at an attractive price for investors. Look at that CAP rate and GRM. Never vacant. In fact, there's a steady stream of fraternity brothers who rent this whole house year after year. Solid rents secured through August 2026 AND the ability to easily add even more value. The lot is so big, it extends from Broadway all the way back to the alley. At least 10 parking spaces on the long driveway and behind the house accessed from the alley. Brand new paint on the whole exterior of this three story property. The front of the house includes a covered porch with new decking, and a grassy space with a flagstone patio perched above Broadway. In the back, there's a huge cemented patio students easily find a way to enjoy... and don't forget the balcony with new decking off of the top level overlooking the back of the property. A short walk to both CU and Downtown... and across the street from The Limelight Boulder, the $130 million hotel and conference center opening later this summer. The property is a legal 4-plex, but lives like one big house. Currently finished as 12 bedrooms, 4 bathrooms and 3 kitchens. There are 3 bedrooms on the main level, 5 bedrooms on the upper level and 4 bedrooms on the lower level. Each level has its own kitchen. Laundry for all tenants is located in the basement (2 new washers and 2 new dryers). New water heater in 2024. Hard flooring in all common area living spaces, both laminate and tile. Carpet in the bedrooms. Residents can enter through the front of the house or the north side, and three bedrooms have private outdoor access. Take a look at the huge living room and the opportunity to add an additional bedroom. Bring your creativity and vision to help maximize the potential of this in demand income property at a fantastic Boulder location.

Location

State CO

County Boulder

Area Boulder

Zoning 4-plex

Direction Google maps

Rooms

Basement Partially Finished

Interior

Interior Features High Speed Internet

Heating Hot Water

Window Features Window Coverings

Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Disposal

Laundry Washer/Dryer Hookups

Exterior

Exterior Feature Lighting, Balcony

Parking Features Alley Access

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Roof Type Composition

Street Surface Paved,Asphalt

Porch Patio, Deck

Building

Lot Description Curbs, Gutters, Sidewalks

Story 3

Water City Water, City of Boulder

Level or Stories Three Or More

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Dist Re2

Others

Senior Community false

Tax ID R0003360

SqFt Source Assessor

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Stacy Robinson • Robinson Investment Co., Inc. • 3034643903

GET MORE INFORMATION

agent
Jeremy Kane

+1(303) 210-0378 | jeremy.kane@exprealty.com

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1511 Broadway