985 30th Street
4 units | 8 bed | 4 bath | 2,591 sf | $1,875,000
Multifamily property listed by Amy LaBorde
Exceptional, highly sought-after investment opportunity in the heart of Boulder!
Meticulously maintained, updated income property with a proven track record of steady rental history & consistent year-over-year rent growth. This unique gem boasts outstanding annual appreciation. Nestled within walking/biking distance of the prestigious CU's Main and East Campuses, this prime location can attract quality tenants seeking convenience and an unparalleled Boulder lifestyle. Surrounded by a plethora of amenities and desirable attractions (29th Street Mall, Chautauqua Park). This four-unit, eight-bedroom rental property has consistent cash flow with a Current cap rate of 5.2 on an NOI of $97,000, with room to improve rents during fall pre-leasing this year. Stainless steel appliances, energy efficient windows, central air conditioning. Six off-street parking spaces, bike rack, and four lockable storage units in the back of the building. Onsite coin-operated laundry. Centrally located to bus lines, grocery stores, Target, and Whole Foods. Pre-leased for Aug 2023-2024 school year. Contact about a lease buyout for CU parent/student buyers.
The tour
The features
Centrally located to CU Boulder
Onsite coin-operated laundry
Six off street parking spaces
The location
985 30th St, Boulder, CO 80303
Nestled within walking/biking distance of the prestigious CU's Main and East Campuses, this prime location can attract quality tenants seeking convenience and an unparalleled Boulder lifestyle. Surrounded by a plethora of amenities and desirable attractions (29th Street Mall, Chautauqua Park). Centrally located to bus lines, grocery stores, Target, and Whole Foods.
Distance by car
University of Colorado, Boulder | 3 minutes
Downtown Boulder | 8 minutes
Denver International Airport | 36 minutes
