1806 17Th St Boulder, CO 80302
- Dormitories
- 1,992 SF
Current Use by Public Records
- Dormitories
Property Details for 1806 17Th St
- Property size
- 1,992 SF
- Property type
- Dormitories
- Property subtype
- Student housing
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.2724885
- Latitude
- 40.0174973
