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Sold on 05/27/2016

1611 Spruce St, Boulder, CO 80302

$1,701,000

Last sold 05/27/2016 for $1.5M

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1611 Spruce St

Property type Multi-family
Neighborhood
Year built 1905
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Rental estimate
Property description
Rare downtown triplex close to the Pearl Street Mall. Outside entry for all the units & always rented. There is investment & growth potential here- zoned for 4 unrelated residents per unit. Recent impvmnts: all furnaces/H2O heaters, plumbing & electrical upgrades, vinyl windows, ext paint & structural refurbishing. 4 reserved parking spaces off alley. Possible add'l rent from storage bldg. Coin op laundry owned. Strict overnight notice to show, limited to 1PM-4:30PM daily.
Listed by
Listing Agent - Paul Dart
Listing Agent Contact: 3034497000
Listing Office - RE/MAX of Boulder, Inc
Source: IRESMLS mls logo
MLS#789312 • last updated 11 months ago
Movoto checked IRESMLS for data 11 hours ago
Overview
Heating Forced Air, 2 Or More Heat Sources
Levels/Style Two, Legal Non-conforming
MLS # 789312
Type Residential Income
Status Sold
Lot Size (Acres) 0.16
Annual Tax 5825
Interior
Basement None, Crawl Space
Interior Features Washer/Dryer Hookup
Exterior
Roof Composition, Rubber
Construction Frame, Brick
Amenities / Utilities
Green Features: Energy Efficiency Windows
Utilities Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Gas Range, Refrigerator, Washer, Dryer, All Appliances, Fire Alarm
Location
County Boulder
Subdivision Boulder OT
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0002899
Directions Pearl Street West To 17th, Right To Spruce, Left To Property On The North Side Of The Street.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer
Total # of Units 3
Cap Rate 5.47
Operating Expense 11288
Income Includes Lease/Rents, Laundry
Gross Income 85200
$1.7M
Range: $1.36M-$2.04M
Last 30 days 
Rental est.: $1,493/month
Gross rent multiplier: 83.7
  • Jun 2016
    Public Records
  • Jun 2, 2016 Sold
    $1,500,000
  • May 2016
    mls logo MLS # 9894380
  • May 31, 2016 Sold
    $1,500,000
  • May 2016
    mls logo MLS # 789312
  • May 27, 2016 Sold
    $1,500,000 (+11.2%)
  • Apr 25, 2016 Listed
    $1,349,500
  • Year Property taxes Tax assessment
  • 2024
    $12,000 +1.8%
    $133,846 -2.68%
  • 2023
    $11,784 +20.3%
    $137,531 +33.47%
  • 2022
    $9,794 +2.5%
    $103,040 -4.9%
  • 2021
    $9,551 +18.2%
    $108,344 +16.68%
  • 2020
    $8,083 +1.6%
    $92,857
  • 2019
    $7,959 -14.0%
    $92,857 -12.98%
  • 2018
    $9,251 +39.6%
    $106,704 -9.55%
  • 2016
    $6,626 +5.6%
    $117,967
  • 2015
    $6,274
    —
  • 1611 Spruce St
    $1.5M
  • Whittier
    $930K -20% y/y
  • 80302
    $1.42M -2% y/y
  • Boulder
    $999K -29% 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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