Homes for sale - 1631 19th ST, Boulder, CO 80302

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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$4,500,000

Est. payment - /mo

7,400 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,400 sqft

Price per Sqft $608

MLS Listing ID 3421353

HOA Y/N No

Year Built 1900

Annual Tax Amount $18,450

Tax Year 2024

Lot Size 0.273 Acres

Acres 0.27

Property Sub-Type Multi Family

Source recolorado

Property 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, with an attractive unit mix of two 2BR/1BA units, three 3BR/1BA units, and two 4BR/2BA units.

The property has benefited from $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and upgraded bathroom exhaust systems, blending classic Boulder charm with modernized infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy.

With a current cap rate of 5.1% and a pro forma cap rate of 5.6%, coupled with strong tenant demand, this property offers investors both stability and future upside in the heart of Boulder.

No Assumable Loan or Seller Financing

Location

State CO

County Boulder

Zoning RH-2

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Parking Features Asphalt

Roof Type Composition

Total Parking Spaces 14

Garage No

Building

Lot Description Corner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Sewer Public Sewer

Water Public

Structure Type Frame,Vinyl Siding

Others

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition None

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Listed by Live West Realty

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

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