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740 30th St Boulder, CO 80303
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Key Details
Sold Price $1,100,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Baseline
MLS Listing ID 961227
Sold Date 12/08/22
Style Ranch
Bedrooms 8
HOA Y/N false
Originating Board IRES MLS
Year Built 1962
Annual Tax Amount $4,397
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Fully licensed and legal duplex close to campus off 30th St., just south of Baseline. Conforms to Boulder Smart Regs. Added insulation including crawl space. High efficiency furnaces. Each unit has off-street parking for 3 vehicles including one carport per unit, plus driveway and extra pad. Shared storage unit. Extra large yard. Both units are fully leased from Aug. 22' - 23' at $2,700 per month. 4th bedroom in unit 740 is non-conforming & is accessed from the 3rd bedroom. 742 4th bedroom can be accessed from 3rd bedroom, but also has an outside entrance. Great investment property with room for improvement. Property shows like the long term student rental that it is, and therefore may be under rented. But updating the interior and potentially increasing the rents to 3,200/mo. could boost the CAP Rate to nearly 4.7%.
Location
State CO
County Boulder
Area Boulder
Zoning RM2
Direction Baseline Rd. east of 28th St. to 30th St., north 1/2 block to Property on the east side of street.
Rooms
Basement None, Crawl Space
Interior
Interior Features High Speed Internet, Open Floorplan
Heating Forced Air, Individual Heat Source
Flooring Wood Floors
Window Features Window Coverings
Appliance Electric Range/Oven, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Washer/Dryer Hookups
Exterior
Fence Partial, Wood
Utilities Available Natural Gas Available, Cable Available
Waterfront false
View Foothills View
Roof Type Composition
Street Surface Asphalt
Building
Lot Description Level, Within City Limits
Faces East
Story 1
Sewer City Sewer
Water City Water, City of Boulder
Level or Stories One
Structure Type Wood/Frame,Wood Siding,Painted/Stained
New Construction false
Schools
Elementary Schools Creekside
Middle Schools Manhattan
High Schools Fairview
School District Boulder Valley Dist Re2
Others
Senior Community false
Tax ID R0014419
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Folsom & Co. Real Estate