$2,900,000 Price Analysis    ♡   Boulder, CO 80301 11 bed 10 bath 6,829 SqFt ($424/SqFt) 0.62 acre lot. Built 1993 Listed 2023-06-30, Taxes $11,556 | Ⓧ USDA Ineligible due to price & location near Boulder |
Exceptionally unique 7-unit multi-family investment opportunity
Centrally located in Boulder on a lush .62 acre lot! The Emerson Apartment complex is built around an adorable central 2 -story 4bed/3bath home originally built in 1896. In 1993 six other units were built around the main house and consist of two 2bed/2bath units and four 1bed/1bath units slightly varying in size. These units have been well maintained and each has its own porch/deck/or balcony and many unts have mtn views out windows.
The units also feature clawfoot tubs, tremendous natural light, vaulted ceilings, & each one has their own separate entrance. 7 carport spaces/storage, plus other additional off- street parking spots. Central laundry room with utility sink, 2 washers, 2 dryers, plus the main house has its own laundry. Gorgeous, private, beautifully landscaped fenced lot with mature trees, grassy yard, flower/garden areas. Exterior recently painted. MAY be able to add additional units onsite.
Presented by Gail Mock at
COMPASS.
Property MLS #991214 from IRES
Full Bathrooms: 10
Outside Entry
Interior Amenities: Cathedral/Vaulted Ceilings, Washer/Dryer Hookups, Wood Floors, Outside Entry
Flooring: Wood Floors
Window Features: Window Coverings
Dishwasher
Refrigerator
Washer
Dryer
All Appliances
Laundry Features: Sink, Washer/Dryer Hookups
Heating Features: Forced Air, Hot Water, Baseboard
Heating: Yes
Fencing: Partial
Other Structures: Storage
Patio And Porch Features: Patio, Deck
Lot Size Acres: 0.62
Vegetation: Evergreen Trees, Deciduous Trees
Lot Size Square Feet: 27085
Calculated Total Monthly Association Fees: 0
Elementary School District: Boulder Valley Dist RE2
High School: Boulder
High School District: Boulder Valley Dist RE2
Middle School: Casey
Middle or Junior School District: Boulder Valley Dist RE2
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 4
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 3
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit-1 Square Feet: 1000
Unit-2 Square Feet: 1000
Unit-3 Square Feet: 1000
Unit-4 Square Feet: 3000
Unit-5 Square Feet: 1000
Unit-6 Square Feet: 500
Unit 1 Total Actual Rent: 1750
Unit 2 Total Actual Rent: 1700
Unit 3 Total Actual Rent: 1750
Unit 4 Total Actual Rent: 3200
Unit 5 Total Actual Rent: 1800
Unit 6 Total Actual Rent: 1200
Source Listing Status: Active
County: Boulder
Tax Year: 2022
Source Property Type: Residential Income
Possible Use: Multi-Family
Inclusions: Window Coverings, Electric Range/Oven, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer, Laundry Tub, All Appliances
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $41,208 + $83,232 $124,440 | $11,556 |
| 2021 | $43,329 + $87,516 $130,845 | $11,262 |
| 2020 | $48,334 + $87,516 $135,850 | $12,265 |
| 2019 | $48,334 + $87,516 $135,850 | $11,644 |
| 2018 | $41,760 + $77,544 $119,304 | $10,343 |
| 2017 | $41,760 + $77,544 $119,304 | $10,019 |
| 2016 | $46,486 + $61,292 $107,778 | $9,329 |
| 2015 | $46,486 + $61,292 $107,778 | $8,834 |
| 2014 | $63,290 + $39,322 $102,612 | $8,822 |
| 2013 | $63,290 + $39,322 $102,612 | $8,627 |
| 2011 | $55,219 + $27,860 $83,079 | $6,898 |
| 2010 | $55,219 + $27,860 $83,079 | $6,714 |
| 2009 | $55,219 + $27,860 $83,079 | $6,269 |
| 2008 | $55,220 + $27,860 $83,080 | $6,110 |
| 2007 | $unknown + $unknown $83,079 | $5,902 |
$2,900,000
IRES
Price Changed 2023-08-18
$3,500,000
IRES
Listed 2023-06-30
$3,900,000
IRES
Sold 1978-07-07
$65,000
Public Record
Year Built: 1993
Construction Materials: Composition Siding
Direction Faces: North, South, West
Entry Location: Outside Entry
Levels: Two, Three Or More
Property Age: 31
Property Condition: Not New, Previously Owned
Roof: Composition
Gas: Natural Gas, Separate Meter Gas, Xcel
Sewer: City Sewer
Natural Gas Available
Electricity Available
Cable Available
Water Source: City Water, City of Boulder
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.