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Sold on 12/27/2022

1020 Pleasant St, Boulder, CO 80302

$1,820,000

Last sold 12/27/2022 for $2M

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    bed

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    bath

Multi-family not for sale
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About 1020 Pleasant St

Property type Multi-family
Neighborhood
Year built 1926
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
*** Update: Seller offering $20K credit for closing costs, prepaid, and/or rate buy-down. *** Check out this fantastic Boulder investment property opportunity! Get two properties for one! This unique property consists of a detached house (1022 Pleasant St) and a separate duplex with 1 bedroom/1 bath units on each side (1020 Unit A&B). The house is located behind the duplex and has 5 bedrooms (4 bedrooms plus one flex room ) and 2.5 bathrooms. The property is already pre-leased until Aug 2023. Rent roll ($125,460 gross rents) and Cap Rate (4.7%) documents available. The property is the ideal student rental located close to CU campus, public transportation, restaurants, shops! Act fast on this great opportunity!
Listed by
Listing Agent - Bianca Griffith
Listing Agent Contact: 3034497000
Listing Office - RE/MAX of Boulder, Inc
Source: IRESMLS mls logo
MLS#968197 • last updated 1 year ago
Movoto checked IRESMLS for data 6 minutes ago
Overview
Heating Forced Air
Levels/Style One, Bi-Level
MLS # 968197
Type Residential Income
Status Sold
Lot Size (Acres) 0.12
Annual Tax 8063
Interior
Basement None
Exterior
Roof Other
Construction Frame, Brick
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Water Source City
Appliances Gas Range, Refrigerator
Location
County Boulder
Subdivision Capitol Hill
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0006969
Directions The Duplex (1020) Is Located On Pleasant Street Facing The Street And The Detached House (1022) Is Located Behind The Duplex Accessible By Walking Past The Duplex (on The Left Side) Or From The Back Alleyway Road.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer
Total # of Units 3
Cap Rate 5.04
Operating Expense 16063
Gross Income 122950.8
$1.82M
Range: $1.4M-$2.23M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 110.9
  • Dec 2022
    mls logo MLS # 968197
  • Dec 27, 2022 Sold
    $2,000,000
  • Oct 24, 2022 Pending
    —
  • Jun 11, 2022 Coming Soon
    $2,150,000
  • Jun 10, 2022 Listed
    $2,119,000
  • Dec 2022
    Public Records
  • Dec 8, 2022 Sold
    $2,000,000 (-5.6%)
  • Sep 2022
    mls logo MLS # IR968197
  • Sep 12, 2022 Active
    —
  • Aug 2, 2022 Price Change
    $2,119,000 (-1.4%)
  • Jun 11, 2022 Coming Soon
    $2,150,000 (+1.5%)
  • Jun 10, 2022 Listed
    —
  • Year Property taxes Tax assessment
  • 2025
    $9,970 +5.7%
    $102,019 -2.46%
  • 2024
    $9,428 +1.8%
    $104,587 +20.29%
  • 2023
    $9,257 +11.5%
    $86,946 -4.52%
  • 2022
    $8,299 +2.9%
    $91,062 +6.34%
  • 2021
    $8,063 +8.2%
    $85,636
  • 2020
    $7,454 +1.6%
    $85,636
  • 2019
    $7,340 +11.9%
    $85,636 +13.22%
  • 2018
    $6,558 +20.0%
    $75,636 -9.55%
  • 2016
    $5,466 +5.6%
    $83,620
  • 2015
    $5,176
    —
  • 1020 Pleasant St
    $2M
  • University Hill
    $479K -70% y/y
  • 80302
    $1.35M -15% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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8/10
Boulder High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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