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Sold on 06/29/2022

1025 Maxwell Ave, Boulder, CO 80304

  • $1,226,000

    Last sold 06/29/2022 for $1.25M

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    bed

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    bath

Multi-family not for sale
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About 1025 Maxwell Ave

Property type Multi-family
Neighborhood
Year built 1905
HOA fee $0/month
Lot size 3,920 Sqft
Movoto estimate
Rental estimate
Property description
New Price. Seller is motivated.Tremendous opportunity to own a four plex in highly desired Mapleton Hill Location. Situated just minutes by foot to Pearl Street mall, Mt. Sanitas open space, NoBo Park, Ideal Plaza & more. These units have charm & character throughout but need some TLC. Main floor units currently rented as executive rentals(30 day min) for average of 3k/month. Upper units have had long term renters that will be vacating shortly(currently pay $1,600/mo). Rental on upper units should be $1,750/mo for a one year lease. Lovely communal flagstone patio in backyard. Communal laundry room recently added. Central boiler. Seller will consider selling with most furnishings in the executive rental units and would consider managing the property for a fee.
Listed by
Listing Agent - Lynn Ryan
Listing Agent Contact: 3034497000
Listing Office - RE/MAX of Boulder, Inc
Source: IRESMLS mls logo
MLS#968816 • last updated 8 months ago
Movoto checked IRESMLS for data 10 minutes ago
Overview
Heating Hot Water, Radiant
Levels/Style Two, Victorian
MLS # 968816
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.09
Annual Tax 6639
Interior
Basement Partial, Crawl Space
Flooring Wood
Accessibility Features Level Lot, Main Floor Bath, Main Level Bedroom
Window Features Window Coverings
Interior Features Eat-in Kitchen, Wood Windows, Bay Or Bow Window, Washer/Dryer Hookup, Outside Entry
Exterior
Roof Composition
Construction Frame, Wood Siding
Exterior Features Sprinkler System
Patio & Porch Patio, Deck
Lot Features Wooded, Deciduous Trees, Level, Historic District, House Faces South, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Fencing Partial, Fenced, Wood
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available, High Speed Avail
Sewer/ Septic Public Sewer
Electricity Xcel Energy
Water Source City
Appliances Gas Range, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Location
View Hills
County Boulder
Community Features Community Laundry
Subdivision TR, NBR 101-109, 115, 162, 170
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0004686
Directions NORTH ON BROADWAY; WEST ON MAXWELL AVE; 4 PLEX ON NORTH SIDE--MID BLOCK
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Trash Collection
Total # of Units 4
Cap Rate 6.86
Operating Expense 11380
Gross Income 114000
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
Road Surface Concrete
$1.22M
Range: $1.1M-$1.34M
Last 30 days 
Rental est.: $1,770/month
Gross rent multiplier: 58.9
  • Jun 2022
    mls logo MLS # IR968816
  • Jun 29, 2022 Sold
    $1,250,000
  • Jun 26, 2022 Active
    —
  • Jun 17, 2022 Listed
    $1,495,000
  • Jun 2022
    mls logo MLS # 968816
  • Jun 29, 2022 Sold
    $1,250,000 (-16.4%)
  • Jun 17, 2022 Listed
    $1,495,000 (-6.3%)
  • Jun 2022
    mls logo MLS # IR965740
  • Jun 5, 2022 Active
    —
  • May 31, 2022 Listed
    —
  • May 19, 2022 Active
    —
  • May 16, 2022 Listed
    $1,595,000
  • May 2022
    mls logo MLS # 965740
  • May 16, 2022 Listed
    $1,595,000
  • 1025 Maxwell Ave
    $1.25M
  • Mapleton Hill
    $1.14M -37% y/y
  • 80304
    $1.59M -20% y/y
  • Boulder
    $999K -33% y/y
No chart available
Statistics calculated by Movoto

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7/10
Whittier Elementary School
public Grades K-5
Boulder Valley Re 2 School District
4/10
Casey Middle School
public Grades 6-8
Boulder Valley Re 2 School District
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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