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    OFF-MARKET
    Dormitories

    1806 17Th St, Boulder, CO 80302

    1,992 SF
    Property ID
    US13-0633355
    Property summary
    AI-generated overview

    This exceptional Boulder investment opportunity presents a meticulously renovated Class B multifamily property ideally situated on a large corner lot in the heart of downtown, near the University of Colorado campus. The property consists of two side-by-side units, each boasting seven bedrooms and two bathrooms, providing ample space for student tenants. Modern upgrades throughout include stainless steel appliances, granite countertops, and wood vinyl plank flooring. Each unit offers spacious rooms and comfortable common areas. On-site amenities include laundry facilities, parking, and storage. The property generates a substantial net operating income (NOI) of $93,468, resulting in a compelling 4.8% cap rate based on secured rents. Zoned RH-2, this 1,992 square foot duplex offers a rare blend of prime location, strong cash flow, and modern appeal, making it an ideal addition to any investment portfolio. The asking price is $1,950,000. This is a turnkey operation ready for immediate income generation. The property's location ensures high occupancy rates and strong rental demand. Don't miss this chance to acquire a highly profitable student housing investment in a thriving Colorado market.

    Property profile
    Verified
    Property type Dormitories
    Total area 1,992 SF
    UPID US13-0633355
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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