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Sold on 06/29/2018

1949 Cascade Ave, Boulder, CO 80302

  • $2,065,000

    Last sold 06/29/2018 for $1.32M

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    bed

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    bath

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About 1949 Cascade Ave

Property type Multi-family
Neighborhood
Year built 1951
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
Exemplary Property in the Most Fantastic Location on the Hill, 1 Block From CU. Absolute Pride of Ownership Shows Throughout This Impeccably Maintained 4-Plex. Pristine Units & Beautiful Landscaping Have Tenants Clamoring to Lease. Recent Updates Include Windows, Insulation, Roof, 4 Furnaces, Stoves & More. Wood Floors Under Carpets & W/D Hookups in Units. Rents Shown Are Potential Based on Rent Achieved w/2 Occupants/Unit. Current Gross Rent $60,540. Expenses Are Actual. Smart Regs Compliant.
Listed by
Listing Agent - Michael-Ryan McCarty
Listing Agent Contact: 3034421040
Listing Office - Gibbons-White, Inc.
Source: IRESMLS mls logo
MLS#850060 • last updated 9 months ago
Movoto checked IRESMLS for data 12 minutes ago
Overview
Heating Forced Air
Levels/Style Two, Foursquare/Denver Square
MLS # 850060
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.12
Annual Tax 4414
Interior
Basement Crawl Space
Interior Features Eat-in Kitchen, Washer/Dryer Hookup, Outside Entry
Exterior
Roof Composition
Construction Brick
Exterior Features Sprinkler System, Balcony
Patio & Porch Patio
Lot Features Corner Lot, Wooded, Evergreen Trees, Deciduous Trees, Level, House Faces South, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Fencing Partial
Amenities / Utilities
Green Features: Energy Efficiency Southern Exposure, Windows, Doors, Energy Survey Complete
Utilities Natural Gas Available, Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances Electric Range, Refrigerator
Location
County Boulder
Subdivision UNIVERSITY PLACE
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0004665
Directions From 20th St And Broadway, South On 20th To Cascade Ave. Property Is On The NW Corner Of 20th And Cascade.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer
Total # of Units 4
Cap Rate 5.24
Operating Expense 7007
Gross Income 76560
Lot/ Land Details
Possible Use Multi-Family, Additional Units
$2.06M
Range: $1.3M-$2.82M
Last 30 days 
Rental est.: $1,507/month
Gross rent multiplier: 73.3
  • Jul 2018
    Public Records
  • Jul 2, 2018 Sold
    $1,325,000
  • Jun 2018
    mls logo MLS # 850060
  • Jun 29, 2018 Sold
    $1,325,000
  • May 14, 2018 Listed
    $1,325,000
  • 1949 Cascade Ave
    $1.32M
  • University Hill
    $615K -63% y/y
  • 80302
    $1.42M -9% y/y
  • Boulder
    $1.04M -30% 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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