846 16th Street Boulder, CO $ 1,585,000
846 16th Street
$ 1,585,000
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846 16th Street

Boulder, CO, 80302
$ 1,585,000
Baths0.0 Sq 1,624

Monthly Estimate*

$ 10,534

Listed by RE/MAX Professionals Ken Caryl
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Studio

Single Family Home for sale in Boulder, CO

for $1,585,000. This 1,624 square foot home was built in 1924 on a lot size of 0.15.

Prime Location on University Hill, within walking distance to CU and just blocks to historic Chautauqua park. This 6 Bedroom 2 Bath home Leased for the 2023-2024 for $7800 a month and 2024-2025 school year for $8340 a month. Listed rent is reflective of pre-leased commitments and effective starting August 2024.This classic brick home sits on a large west-facing corner lot offering an expansive park-like backyard with 3 designated parking spots. Inside find a large living room with wood floors and a lovely flagstone fireplace along with a charming kitchen and two good-sized bedrooms and a full bath on the main floor. On the lower level, 4 more bedrooms all with garden-level windows allowing for plenty of natural light, a full bath, and laundry await. The 4th bedroom offers a walk-out door option which would also make a great recreation room. 2 bedrooms are non-conforming. Don't miss this fantastic investment opportunity close to a 6%Cap Rate.

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Single Family Active

Price

$ 1,585,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 6,053

Style

House

Lot Size

0.15

Year Built

1924

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

IR1005551

Features
General
Interior Features Eat-in Kitchen
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dryer Microwave Refrigerator Washer
Zoning Res
Construction Materials Brick Wood Frame
Exclusions Tenants personal property
Year Built 1924
Tenant Pays Electricity Gas Trash Collection Water
Levels One
Property SubType Single Family Residence
Tax Year 2023
County Boulder
Net Operating Income 91050
Operating Expense 9030
Property Type Residential
HOA / Comm Assn N
Subdivision Name University Place
Possible Use Residential
Status Active
High School Boulder
City Boulder
Buyer Agent Compensation 2.80
High School District Boulder Valley RE 2
NumberOfUnitsTotal 1
Lot Size Square Feet 6700
Street Name 16th
Listing Terms Cash Conventional
Elementary School Flatirons
Tax Annual Amount 6053
Middle/Junior High School Casey
Structure Type House
Standard Status Active
Occupancy Type Tenant
Elementary School District Boulder Valley RE 2
Ownership Type Partnership
Cap Rate 5.74
Buyer Agent Compensation Type %
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Interior
Total Fireplaces 1
Basement (Y/N) Y
Street Suffix Street
Main Level Bedrooms 0
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Exterior
Lot Features Flood Zone
Water Source Public
Total Parking 3
Building Area Total 1624
Lot Size Acres 0.15
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Internal Only
Street Number 1 846
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* Excluded Features
List By
Re/Max Professionals Ken Caryl

Broker

(720) 987-8535

Phone

Affordability Calculator

$11,039
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,534
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1956937 Elementary School
1955678 Middle School
Boulder High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$1,585,000 Listed Price

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846 16th Street, Boulder, CO, 80302 is a Single Family Home for sale at $1,585,000 with 1,624 sqft and a lot size of 0.15. 846 16th Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 80302 which is in Boulder, CO