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Home » Real Estate » CO » Boulder » 80302 » 1216 Pleasant St, Boulder, CO, 80302
$2,160,000

1216 Pleasant St, Boulder, CO, 80302

5 Beds
6 Baths
2,702 Square Feet
1216 Pleasant Street is a six unit apartment building in a prime location on University Hill. There are 4 one-bed apartments and 2 studio apartments all leased through 07/2023. Existing rents total $125,040 per annum + additional fees for grounds and utilities. Pre-leasing for the 2023-2024 school year is underway. Projected rents are $138,120 and additional income is: $85/mo/unit for utility fund + $30/mo/unit for grounds + $300/month estimated for parking. Students love 1216's proximity to CU Campus, living in private units that have been fully updated and having shared laundry and parking onsite.
Offered By
Heidi Schamber 3034445040, Market Real Estate

Property Details

Property Type Residential Income
Status Closed
Bedrooms 5
Property Sub Type Income Property
Square Feet 2,702
MLS # 982616

Market Trends

New Properties On Market
53
7% Decrease In New Listings
Average Asking Price
$2,300,037
$814,313 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$840
$206 Increase In List Price/Sq. Ft.
Average Days On Market
10
21 Day Decrease In Days On Market
Data as of Oct 06, 2024. Remaining statistics above are calculated on activity within the period from Aug 01, 2024 to Sep 30, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing 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. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 9/3/2024 at 9:57 pm