1056 11th Street
1056 11th Street
$2,225,000
8
2
4,025
4,025
$553
Sold 3/24/23
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
Amenities
- Common Outdoor Space
- Washer / Dryer in Unit
Location
LISTING UPDATED: 03/24/2023 07:51 PM
Property Details for 1056 11th Street
Status | Sold |
---|---|
MLS # | 979140 |
Days on Compass | 122 |
Taxes | $7,802 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.14 AC / 6,218 SF |
County | Boulder County |
Location
Virtual Tour
Building Information for 1056 11th Street
Stories2Residences2Year Built1923Building Size-Lot Size0.14 AC / 6,218 SF
Payment Calculator
$12,793 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1056 11th Street
Property History for 1056 11th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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