1806 17Th St, Boulder, CO 80302
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.