Closed

1925 Spruce Street, Boulder, CO, 80302

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Listing Provided Courtesy of milehimodern – Boulder

1925 Spruce Street, Boulder, CO, 80302

Beds
0 Baths
2,285 SqFt
0.16 Acres

Listing Id

RECIR988108
$900,000

Perfectly positioned within Whittier, this property presents an ideal opportunity for rental income and investment. Comprised of three separate legal, nonconforming residences, this property offers upside possibilities for crafting a personalized vision in a coveted location. The first, front-facing residence A features two bedrooms complemented by a bathroom. Two attached, rear residences, B + C, each feature one bedroom and one bathroom. All 3 units have freestanding, wood-burning fireplaces, electric range ovens and dishwashers. Each residence has separate utilities and parking spaces located off the alley. Quaint yards present space for enjoying the outdoors or for pets to run and play. Residence A is currently available and residences B + C are leased up to July 30 2023. Tenants pay gas + electric and are billed back for water, sewer and trash. Situated in a desirable downtown location near East Pearl District and Pearl Street mall, this property is brimming with potential.

Property Details
Price:
$1,150,000 / $900,000
MLS #:
RECIR988108
Status:
Closed ((Aug 21, 2023))
Beds:
0
Baths:
0
Address:
1925 Spruce Street
Type:
Triplex
Subdivision:
Boulder O T East & West & North
City:
Boulder
State:
CO
Finished Sq Ft:
2,285
Total Sq Ft:
2,285
ZIP:
80302
Lot Size:
6,898 sqft / 0.16 acres (approx)
Year Built:
1942
Interior
Appliances
Dishwasher, Oven, Refrigerator
Cooling
Air Conditioning- Room
Heating
Forced Air
Exterior
Architectural Style
Cottage
Construction Materials
Wood Frame
Parking Spots
4
Roof
Composition
Schools
School District:
Boulder Valley RE 2
Elementary School:
Whittier E-8
Middle School:
Casey
High School:
Boulder
Financial
Buyer Agent Compensation
2.80%
Net Operating Income
$44,962
Tax Year
2022
Taxes
$6,678

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1925 Spruce Street
Boulder, CO