1938 Spruce St

Boulder, CO 80302
$2,175,000
Exceptional opportunity to acquire a well-located 5-plex in the heart of Boulder offering substantial upside to market rents and the ability to reduce operating expenses, with the benefit of leases in place through July 2026 providing near-term income stability. Opportunities with this combination of location, unit mix, and flexibility areRead MoreRead Less
Courtesy of Joe Gibbs,
Listing Snapshot
Days Online
101
Last Updated
Property Type
Multi Family
Lot Size
0.17 Acres
Year Built
1934
MLS Number
1049294
30 Days Snapshot Of 80302
$1.65M
+41%
(avg) sold price
18
-10%
homes sold
86
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: "City Street", Road Surface: "Asphalt"
Appliances & Equipment
Appliances: "No Units Furnished", "Electric Range", "Dishwasher", "Refrigerator", "Microwave"
Basement
Basement: "None"
Building
Construction Materials: "Frame", "Brick", Levels: "Two", Number Of Units Total: 5, Year Built: 1934
Exterior Features
Exterior Features: "Balcony"
Heating
Heating: "Baseboard"
Income
Gross Income: 162068, Net Operating Income: 101421
Lot
Area: 7189, Features: "Corner Lot", "City Limits", "Paved", "Curbs", "Gutters", "Sidewalks", "Street Light", "Alley", 0.17 acres
Parking
Other Parking: 1 Space/Unit, Parking Total: 5
Property
Patio and Porch Features: "Patio", "Deck", Zoning: RMX-1
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Utilities
Electric: "Xcel", Utilities: "Natural Gas Available", "Electricity Available", Water Source: "City"
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Monthly Payment
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Osman Parvez
Realtor®
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