$2,200,000
5 Bedrooms ,
6 Bathrooms
Property Description
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.General Features
| MLS: 982616 | Status: Sold |
| Listing Office: Market Real Estate | Listing Office Phone: 303-444-5040 |
| Style: Tri-Level | Construction: Brick/Brick Veneer |
| Bedrooms: 5 | Baths: 6 |
| Heating: Forced Air | Total SqFt: 2,702ft² |
| Acreage: 0.11 acres | Lot Size: 4,732ft² |
School Information
| District: Boulder Valley Dist RE2 |
| Elementary: University Hill,Columbine |
| Middle: Casey |
| High: Boulder |
Taxes & Fees
| Tax Amount: $10,964 |
| Tax Year: 2023 |
Additional Information
| Outdoor Features: Patio, Alley Access, Lighting, , Curbs, Gutters, Sidewalks |
| Road Access: City Street |
| New Financing: Cash,Conventional |
| Construction: Brick/Brick Veneer |
| Energy Features: , |
| Utilities: Natural Gas Available,Electricity Available |