$4,850,000
For Sale

1631 19th Street

Boulder, CO 80302
7400 sqft | 0.27 acres | #3421353
Listing OfficeLive West Realty
Browse 21 photos
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

Located just steps from Pearl Street and CU Boulder, 1631 19th St presents a rare chance to own a stabilized 7-unit multifamily property in one of Boulder's most sought-after rental corridors. This income-producing asset features 21 bedrooms and 10 bathrooms across 7,400 square feet, offering an attractive unit mix: (2) 2BR/1BA, (3) 3BR/1BA, and (2) 4BR/2BA layouts.
With $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and bathroom exhaust fan systems, the property combines classic charm with upgraded infrastructure. Each unit is individually metered and professionally managed, with 12 off-street parking spaces and historically 0% vacancy—five of the seven units are pre-leased through 2026.
Boasting a 4.9% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.

  • Property Details
      • Lot DescriptionCorner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$4,850,000
      • Property TypePurchase
      • Exterior MaterialsBalcony
      • CountyBoulder
      • Taxes Annual$18,450
      • MLS #3421353
      • Cost4850000
      • MLS #3421353
      • Utility SourcePublic
      • Acres0.27
      • Square Feet7400
      • Year Built1900

Location

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