Sold
1056 11th St
Boulder CO, 80302
$2,225,000
Sold
8 Beds
2 Baths
Multi-family
Built in 1923
Estate liquidation. Burgess Group, Compass is proud to present 1056 11th St, a recently renovated duplex, 9 bedroom (with 8 rentable bedrooms) asset in the heart of University Hill in Boulder, CO. Consistently rented to sororities for top-dollar with steady annual increases, this extremely well-maintained property has outstanding cash flow with a projected cap rate of 5.6 on a NOI of $146,000, with room for additional parking income, improvements, and rent increases. Unit #1056 11th St is already leased for 2023-24 for $153,600; Just 3 blocks from CU campus and The Hill business district, this property has an ideal location and features a light, bright interior, vinyl plank flooring, new sewer line, a 2015 class 4 roof, 6 ft steel locking security fencing, Jellyfish LED exterior lights, and electric baseboard backup heat in each room. Over 40k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: https://bit.ly/1054_11th
979140
MLSⓇ ID
November 23, 2022
Listed
August 30, 2023
Updated
Map
1056 11th St
Boulder CO, 80302
Interior Features
Total Stories
2
Bedrooms
8 Beds
Bathrooms
2 Baths
Interior Features
High Speed Internet, Separate Dining Room, Walk-In Closet(s), Outside Entry
Appliances
Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Description
Washer/Dryer Hookups
Floor Description
Wood Floors
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Radiator, 2 or more Heat Sources
Exterior/Building Features
Lot Size
0.14 acres
Exterior Features
Outbuildings
Lot Features
Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Sloped, Within City Limits
Roof
Composition
Sewer
City Sewer
Other Property Details
Taxes
$7,802
Tax Frequency
Annually
Days on Market
122
Garage
No
Parking
Alley Access
View
No
County
Boulder
Water Source
City Water, City of Boulder
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
5/13/2023 | Sold | — |
Listed by with
Listing Contact:
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 8/30/2023. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 8/30/2023 at 7:59 PM UTC