1902 Grove Street, Boulder, CO 80302

$1,249,000
4
BD
2
BA
1,332
SqFt

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Courtesy of Coldwell Banker Realty 14 . elizabeth.boese@cbrealty.com,970-412-1020

List Price
$1,249,000
Status
ACTIVE
Days on Market
154
Price Change
▼ $26,000 1785453994
MLS#
1642505
Year Built
1900
Bedrooms
4
Bathrooms
2
Full Baths
1
Living Area
1,332
Lot Size
5,431
Acres
0.12
Subdivision
Goss Grove
Neighborhood
Goss Grove

Property Description

Landlord Special! Rare central Boulder 4-bedroom 2 bath home in Goss Grove with private fenced yard, rooftop deck, 2 off-street parking spaces, no HOA, and a highly walkable/bikeable location near CU, Pearl Street, Boulder High, and downtown. Four separated bedrooms offer flexibility for owner-occupants, investors, CU parents, or shared living. Projected gross rent of approximately $89,760/year based on two bedrooms at $1,990/month and two bedrooms at $1,750/month. At the current $1,249,000 price, this equals approximately a 7.2% gross yield. Estimated cap rate potential is approximately 4.7%–5.4%, depending on buyer’s operating expense assumptions. Buyer to verify rental income, rental licensing, expenses, zoning, and all future-use potential. This corner lot with a private fenced yard provides a secluded outdoor space, while the off-street parking accommodates your vehicle needs. Situated at the geographical center of Boulder, this home offers easy access to the city's diverse amenities and attractions. Excellent opportunity for Sundance Film Festival!

Additional Information

Exterior Features
Balcony, Private Yard
Taxes
$7,349
Heating
Forced Air
Air Conditioning
None
Levels
Two
Roof
Composition
School District
Boulder Valley RE 2
Elementary School
Whittier Int'l
Middle School
Casey
High School
Boulder

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