741-743 19th, Boulder, CO 80302
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
741-743 19th,Boulder, CO 80302
$2,195,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tim shea, carolyn barlow
Office: compass - boulder
MLS#:IR1067588
Source:ML
Price summary
- Price:$2,195,000
About this home
Two separate residences on one lot! Pre-leased through July/August 2027. Well maintained and professionally managed for 30+ years. 741-743 19th Street presents a turnkey, recession-proof asset in the city's most lucrative rental pocket. Rare Double-Income Layout: Unlike standard single-family homes, this property features two separate houses on one lot, packing 7 bedrooms and 4 bathrooms into a single parcel. Proven, Low-Risk History: With a 30 year track record of uninterrupted rental history, the property has a proven blueprint for success, making it an easy addition to a portfolio or a perfect asset for a 1031 tax-deferred exchange. Professionally managed for decades with 100% Occupancy rates with an almost endless supply of renters year after year! While other real estate investments suffer during economic downturns, student housing directly adjacent to a major university like CU Boulder can be a defensive asset. Because the property packs 7 bedrooms across two separate houses on one lot, you are purchasing a high-density rent engine in a premium zip code where strict local zoning laws prevent competitors from building new multi-family structures. Essentially, you are buying a scarce piece of real estate with a captive consumer base! 48-hour notice for showings....
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Home facts
- Year built:1989
- Subdivision & Development:University Place
- Listing ID #:IR1067588
Rooms and interior
- Kitchen Description:Dishwasher, Oven, Refrigerator
Heating and cooling
- Cooling:Air Conditioning-Room, Ceiling Fan(s)
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1989
- Lot Features:Level, Rolling Slope
- Construction Materials:Brick, Wood Frame
- Exterior Features:Deck, Patio
- Levels:1 Story, 2 Story
Schools
- High school:Fairview
- Middle school:Manhattan
- Elementary school:Flatirons
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,195,000
- Tax amount:$9,145
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Window Coverings
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