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Sold on 03/23/2023

1034 Pleasant St, Boulder, CO 80302

$2,070,000

Last sold 03/23/2023 for $1.96M

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    bed

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    bath

Multi-family not for sale
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About 1034 Pleasant St

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Estate liquidation. Burgess Group, Compass is proud to present 1034 Pleasant St, a recently updated four-unit, 7 bedroom, 4 bath property in the heart of University Hill in Boulder, CO. An easy walk to the CU campus, these cute units are very appealing and rent very consistently for steadily increasing rents. This well-maintained property has now been Fully rented for 2022-2023-2024. Has outstanding cash flow with a projected cap rate of 6.02 on a NOI of $120,424 with room for improvements and rent increases. With light and bright interiors, stackable washer and dryers in each unit, a no-maintenance yard, fenced in Astroturf lawn for sunbathing, Jellyfish LED exterior lights, electronic keypad access, and electric baseboard backup heat in each room, this property is both desirable to tenants and easy to manage. Over 109k worth of improvements done by the owner in the past two years. For more information about this property please visit our website at: http://bit.ly/1034_Pleasant
Listed by
Listing Agent - Andy Burgess
Listing Agent Contact: 3035065669
Listing Office - Compas - Boulder
Source: IRESMLS mls logo
MLS#979139 • last updated 1 year ago
Movoto checked IRESMLS for data 2 minutes ago
Overview
Heating Hot Water, Baseboard, 2 Or More Heat Sources, Wall Furnace
Levels/Style One
MLS # 979139
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.12
Annual Tax 8116
Interior
Basement Full, Partially Finished, Slab, Walk-Out Access, Sump Pump
Flooring Wood
Accessibility Features Level Lot, Near Bus, No Stairs, Main Floor Bath, Main Level Bedroom
Window Features Window Coverings
Interior Features Pantry, Wood Windows, Washer/Dryer Hookup, Outside Entry
Exterior
Roof Composition
Construction Frame, Brick, Composition, Wood Siding, Painted/Stained, Concrete
Patio & Porch Patio, Deck
Lot Features Level, Sloping Lot, House Faces North, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Fencing Partial, Metal
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, Cable Available, Master Meter-Gas, Separate Meter Electricity, High Speed Avail
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Fire Alarm
Location
County Boulder
Subdivision Capitol Hill
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0002370
Directions Use GPS
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 4
Cap Rate 6.03
Operating Expense 16016
Income Includes Lease/Rents
Gross Income 136440
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street, Alley
Road Surface Concrete
$2.07M
Range: $1.67M-$2.46M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 108.7
  • Mar 2023
    Public Records
  • Mar 27, 2023 Sold
    $1,960,000
  • Mar 2023
    mls logo MLS # 979139
  • Mar 23, 2023 Sold
    $1,960,000 (-1.8%)
  • Jan 26, 2023 Price Change
    $1,995,000 (-9.1%)
  • Nov 23, 2022 Listed
    $2,195,000
  • Nov 2022
    mls logo MLS # IR979139
  • Nov 23, 2022 Listed
    —
  • Year Property taxes Tax assessment
  • 2023
    $10,059 +20.9%
    $116,694 +35.13%
  • 2022
    $8,320 +2.5%
    $86,360 -13.73%
  • 2021
    $8,116 -6.9%
    $100,100
  • 2020
    $8,713 +64.5%
    $100,100
  • 2015
    $5,298
    —
  • 1034 Pleasant St
    $1.96M
  • 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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