1056 11th Street

Boulder, CO 80302

$2,225,000
Last Sold Price
8
Beds
2
Baths
4,025 Sq. Ft.
$553 / Sq. Ft.
4,025
Sq. Ft.
$553
per Sq. Ft.

Description

Estate liquidation. Burgess Group, Compass is proud to present 1056 11th St, a recently renovated duplex, 9 bedroom (with 8 rentable bedrooms) asset in the heart of University Hill in Boulder, CO. Consistently rented to sororities for top-dollar with steady annual increases, this extremely well-maintained property has outstanding cash flow with a projected cap rate of 5.6 on a NOI of $146,000, with room for additional parking income, improvements, and rent increases. Unit #1056 11th St is already...Estate liquidation. Burgess Group, Compass is proud to present 1056 11th St, a recently renovated duplex, 9 bedroom (with 8 rentable bedrooms) asset in the heart of University Hill in Boulder, CO. Consistently rented to sororities for top-dollar with steady annual increases, this extremely well-maintained property has outstanding cash flow with a projected cap rate of 5.6 on a NOI of $146,000, with room for additional parking income, improvements, and rent increases. Unit #1056 11th St is already leased for 2023-24 for $153,600; Just 3 blocks from CU campus and The Hill business district, this property has an ideal location and features a light, bright interior, vinyl plank flooring, new sewer line, a 2015 class 4 roof, 6 ft steel locking security fencing, Jellyfish LED exterior lights, and electric baseboard backup heat in each room. Over 40k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: https://bit.ly/1054_11th

Listing Agents

  1. Andy Burgess

    Andy Burgess

    Listing Agent

    Compass

  2. Catherine Burgess

    Catherine Burgess

    Alternative Listing Agent

    Compass

Amenities

  • Common Outdoor Space
  • Washer / Dryer in Unit

Location

Sold By Compass - Boulder, Amy LaBorde

Add your commute
LISTING UPDATED: 03/24/2023 07:51 PM

Property Details for 1056 11th Street

StatusSold
MLS #979140
Days on Compass122
Taxes$7,802 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 6,218 SF
CountyBoulder County

Location

Sold By Compass - Boulder, Amy LaBorde

Add your commute

Virtual Tour

Building Information for 1056 11th Street

Stories2Residences2Year Built1923Building Size-Lot Size0.14 AC / 6,218 SF

Payment Calculator

$12,793 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,143

Property Taxes

$650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1056 11th Street

Summary
Location and General Information
  • Road Access 2: City Street, Alley
  • Longitude and Latitude: -105.27829, 40.00649
  • Latitude: 40.01
  • Longitude: -105.28
  • Elementary School District: Boulder Valley Dist RE2
  • Middle Or Junior School District: Boulder Valley Dist RE2
Parking
  • Total Parking: 10.00
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2021
  • Tax Annual Amount: $7,802
  • Parcel Number: R0002458
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Sloped, Within City Limits
  • Lot Size Area: 6,218.00
  • Lot Size Units: Square Feet
  • Has Improvements: No
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s)
  • New Construction YN: No
  • Property Styles: 2
  • Levels: Two
  • Home Warranty YN: No
Utilities
  • Utilities 1: No
  • Electric: Electric, Master Meter-Electric, Xcel
  • Gas: Natural Gas, Master Meter-Gas, Xcel
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Flooring: Wood Floors
Interior Features
  • ViewYN: No
  • Interior Features: High Speed Internet, Separate Dining Room, Walk-In Closet(s), Outside Entry
  • Laundry Features: Washer/Dryer Hookups
  • Spa YN: No
  • Entry Location: Outside Entry
  • Window Features: Window Coverings, Wood Frames, Skylight(s), Double Pane Windows
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 4
  • Unit 1's Number of Baths: 1.00
  • Number of units in Unit 1: 1
  • Unit 2's Number of Bedrooms: 4
  • Unit 2's Number of Baths: 1.00
  • Number of units in Unit 2: 1
Rental
Rental Information
  • Lease Sq Ft Unit: Square Feet
  • Horse YN: No

Property History for 1056 11th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1056 11th Street

Taxable ValueLand$55,992Additions$51,885Total$107,877
Tax Record2023$9,148 ($762 / month)
Home Facts
Baths1.8Total Finished SqFt2,720 SqFtAbove Grade Finished SqFt2,720 SqFtUnfinished Basement SqFt1,305 SqFtStories2Lot Size6,229 SqFtStyleDuplexYear Built1923Year Renovated1975Zoning1115CountyBOULDERAPN1463-31-3-07-005

Schools near 1056 11th Street

This home is within Boulder Valley Re 2 School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Flatirons Elementary School
PublicK to 5

Boulder High School
Public9 to 12

Peak To Peak Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.