3460 Madison Ave

    Boulder, CO 80303
    • $2,750,000
    • STATUS: Closed
    • ON SITE: 147 days
    • MLS #: 865241
    Sold - 01/15/2019
    $2,750,000
    SOLD - 01/15/2019
    • 0
      BEDS
    • 0.34
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,292
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    12 Unit Multifamily in Fantastic Location Close to CU. Standard 1-Bed Units w/ Consistent Floor Plans, Large Living Spaces, Vaulted Ceilings, Skylights, Lots of Closet Space, Full Baths, W/D's in Unit, Patios. Current Average/Unit $1,280/Month w/ New Leases $1,365 & Potential to Increase to $1,375 & Charge Parking, Pets, Storage & Utils. Many Tenants Long-Term. Mostly Grad Students & Professionals. 14 Parking Spaces & Exterior Storage Units. Newer Windows, 5-Year-Old Furnaces & H2O Heaters.

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    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kittle Real Estate. Data last updated: 2019-03-20T10:38:35.74.
    www.fortcollinshomesearch.com/homes/88765803

    3460 Madison Ave Boulder, CO 80303

    • Price: $3,000,000
    • Status: Closed
    • Updated: 46 min ago
    • MLS #: 865241
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.34
    Acres
    7,292
    SQFT
    $377
    $/SQFT
    1967
    Built
    Neighborhood:
    West View Gardens
    County:
    Boulder
    Area:
    01 Boulder City Limits
    Elementary School:
    Creekside
    Middle School:
    Manhattan
    High School:
    Fairview
    School District:
    Bldr Valley Dist RE2
    Property Description
    12 Unit Multifamily in Fantastic Location Close to CU. Standard 1-Bed Units w/ Consistent Floor Plans, Large Living Spaces, Vaulted Ceilings, Skylights, Lots of Closet Space, Full Baths, W/D's in Unit, Patios. Current Average/Unit $1,280/Month w/ New Leases $1,365 & Potential to Increase to $1,375 & Charge Parking, Pets, Storage & Utils. Many Tenants Long-Term. Mostly Grad Students & Professionals. 14 Parking Spaces & Exterior Storage Units. Newer Windows, 5-Year-Old Furnaces & H2O Heaters.
    Exterior Features

    Construction Wood/Frame Location Description Abuts DitchWithin City Limits Outdoor Features Patio Parking Per Unit 1 Space/Unit Property Styles 2 Story Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Room Air Conditioner Design Features Eat-In KitchenCathedral/Vaulted CeilingsOpen Floor PlanWasher/Dryer HookupsSkylightsOutside Entry Heating Forced AirIndividual Heat Source Inclusions Electric Range/OvenDishwasherRefrigeratorClothes WasherClothes DryerMicrowaveAll AppliancesDisposal Unit1 Bedrooms 1

    Property Features

    Capitalization Rate 5.03 Energy Star Certified No Gross Operating Income 198000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Boulder Nahb Certified No Net Operating Income 151017.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyMulti Family Tax Year 2017 Taxes 12784 Tenant Pays DepositGasElectric Total Operating Expense 46983.0000 Utilities Natural GasElectricSeparate Meter ElectricitySeparate Meter Gas Zoning Rh-5

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Michael-Ryan Mccarty of Gibbons-White, Inc..



    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kittle Real Estate. Data last updated: 2019-03-20T10:38:35.74.
     
    Kittle Real Estate
    300 South Howes Street
    Fort Collins CO, 80521