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Joseph Newman

joseph@thecoloradobroker.com +1(720) 841-7010

$2,195,000

Est. payment - /mo

6,235 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision University Place

MLS Listing ID IR1067588

HOA Y/N No

Year Built 1989

Lot Size 6,235 Sqft

Acres 0.14

Property Sub-Type Duplex

Property Description

Two separate residences on one lot! Pre-leased through July/August 2027. Well maintained and professionally managed for 30+ years. 741-743 19th Street presents a turnkey, recession-proof asset in the city's most lucrative rental pocket. Rare Double-Income Layout: Unlike standard single-family homes, this property features two separate houses on one lot, packing 7 bedrooms and 4 bathrooms into a single parcel. Proven, Low-Risk History: With a 30 year track record of uninterrupted rental history, the property has a proven blueprint for success, making it an easy addition to a portfolio or a perfect asset for a 1031 tax-deferred exchange. Professionally managed for decades with 100% Occupancy rates with an almost endless supply of renters year after year! While other real estate investments suffer during economic downturns, student housing directly adjacent to a major university like CU Boulder can be a defensive asset. Because the property packs 7 bedrooms across two separate houses on one lot, you are purchasing a high-density rent engine in a premium zip code where strict local zoning laws prevent competitors from building new multi-family structures. Essentially, you are buying a scarce piece of real estate with a captive consumer base! 48-hour notice for showings.

Location

State CO

County Boulder

Zoning Res

Direction East

Rooms

Basement None

Interior

Heating Forced Air

Cooling Air Conditioning-Room, Ceiling Fan(s)

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Waterfront Description Public

Roof Type Composition

Porch Deck, Patio

Private Pool No

Building

Lot Description Level, Rolling Slope

Faces East

Story One, Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: Boulder Valley Re 2, High: Boulder Valley Re 2

Others

Tax ID R0002528

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Listed byCompass - Boulder

Nearby School & Business

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Joseph Newman

+1(720) 841-7010

The Colorado Broker License ID: 069025

741-743 19th ST Boulder, CO 80302

Joseph Newman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information