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Sold on 10/18/2019

616 Marine St, Boulder, CO 80302

$3,518,000

Last sold 10/18/2019 for $2.05M

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    bed

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    bath

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About 616 Marine St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 9,148 Sqft
Movoto estimate
Rental estimate
Property description
West Uni Hill 6-plex. Each unit is 2 level, 2bdrm/1bth w/ balcony off one bedroom and fenced patio off living room. 6 parking spaces behind property. Fully leased to August 2020. Current rents slightly under market. Smart Regs compliant. Tenants pay all utils/water/trash. Each unit has own furnace and hot water heater. Separately metered electric/gas. Lots of potential for updating kitchens/bthrms and increasing rents. Great location, nice sized units.
Listed by
Listing Agent - Amy Alexander
Listing Agent Contact: 3034471500
Listing Office - Matrix Real Estate LLC
Source: IRESMLS mls logo
MLS#895064 • last updated 1 year ago
Movoto checked IRESMLS for data 11 minutes ago
Overview
Heating Forced Air
Levels/Style Two
MLS # 895064
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.21
Annual Tax 11985
Interior
Basement None
Exterior
Roof Rubber
Construction Brick
Exterior Features Sprinkler System, Balcony
Patio & Porch Patio
Fencing Partial
Amenities / Utilities
Utilities Separate Meter Electricity, Separate Meter Gas
Sewer/ Septic Public Sewer
Water Source City
Appliances All Appliances, Disposal, Fire Alarm
Location
County Boulder
Subdivision HIGHLAND LAWN
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0006065
Directions West On University, Right On 6th And Right On Marine. Property Is On South Side Of Street.
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer, Trash Collection
Total # of Units 6
Cap Rate 5.06
Operating Expense 11985
Gross Income 118260
Lot/ Land Details
Possible Use Multi-Family
$3.51M
Range: $3.2M-$3.83M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 113.7
  • Jul 2021
    Public Records
  • Jul 29, 2021 Sold
    $2,650,000 (+33.0%)
  • Oct 2019
    Public Records
  • Oct 21, 2019 Sold
    $1,992,600 (-2.8%)
  • Oct 2019
    mls logo MLS # 895064
  • Oct 18, 2019 Sold
    $2,050,000 (-2.4%)
  • Sep 24, 2019 Listed
    $2,100,000
  • Year Property taxes Tax assessment
  • 2025
    $19,797 +7.9%
    $202,550 -0.39%
  • 2024
    $18,344 +1.9%
    $203,345 +48.04%
  • 2023
    $18,011 +36.4%
    $137,360
  • 2022
    $13,206 +2.5%
    $137,360 -5.5%
  • 2021
    $12,882 +1.8%
    $145,360
  • 2020
    $12,653 +27.7%
    $145,360
  • 2015
    $9,906
    —
  • 616 Marine St
    $2.05M
  • Flatirons
    $2.5M -37% 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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