315 Canyon BLVD #1-4 Active Save Request In-Person Tour Request Virtual Tour
Boulder,CO 80302
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,776 sqft
Price per Sqft $794
Subdivision Boulder West Downtown
MLS Listing ID 7250370
Bedrooms 11
Year Built 1915
Annual Tax Amount $16,125
Tax Year 2023
Lot Size 8,326 Sqft
Property Sub-Type Quadplex
Property Description
This beautifully remodeled 4-unit multifamily property, located just steps from the Pearl Street Mall and near the peaceful Eben G. Fine Park, offers a rare investment opportunity in the heart of Boulder. Featuring 11 bedrooms and 5 bathrooms across four units, this property has been thoughtfully upgraded to attract a diverse range of tenants.
The property has been pre-leased for August 2025 through July 2026, with a projected net operating income of $147,023. Notably, it was fully leased within just three days, demonstrating the exceptionally high demand for housing in this area. Due to this rapid lease-up period, we anticipate rental rates to grow by approximately 10% for the following leasing year.
With a strong history of 0% vacancy and proven rental demand, this investment offers both immediate cash flow and long-term appreciation potential. Reach out for financials and more detailed information—don't miss out on this high-performing, centrally located investment property!
Location
State CO
County Boulder
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Carpet,Laminate,Tile
Laundry In Unit
Exterior
Exterior Feature Balcony,Private Yard,Rain Gutters
Fence Partial
Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available
Roof Type Architecural Shingle,Membrane
Building
Lot Description Foothills,Near Public Transit,Sprinklers In Front,Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Frame,Wood Siding
Schools
Elementary Schools Whittier Int'L
Middle Schools Casey
High Schools Boulder
School District Boulder Valley Re 2
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None