$995,000
●
Multifamily -
Off Market
2518 Pine St #AB
Boulder, CO 80302
5 Beds
4 Baths
$4,906
Est. Monthly
About This Property
Sold before issues and entered for comp purposes only. This
property had lots of deffered maintenance including major
structural issues.
Unit Size
-
Days on Market
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Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (IRES MLS #1007061)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Feb 20, 2025 | Listed | $1,485,000 | |
| Listed | |||
| | |||
|
Check out this fantastic downtown multi-unit property! This fully renovated duplex, lives like a triplex. The front unit is a charming brick historic home with 2 bedrooms, 1 bath, and full kitchen. It connects to a newer studio (bonus unit) with a kitchenette and bathroom with its own entrance that can be connected or locked off from the front unit. The more recently constructed back unit is spacious with high vaulted ceilings and an open floor plan. It has two bedrooms and one additional potential bedroom/office room, and two bathrooms. The units have beautifully updated bathrooms, new floors, trim, paint, texture, updated kitchens, and more. Plus a new roof! This property would make a fantastic investment opportunity or perfect property to live in one unit and rent out the other. It has a front driveway and additional private back parking lot. Plus, located on Pine St, this highly desirable location is close proximity to great Pearl St shops, cafes, restaurants, and amenities.
| |||
| Apr 12, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by RE/MAX of Boulder, Inc | $999,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
Property Highlights
Fireplace
Interior Details
Bedrooms: 5
Interior Features: Separate Dining Room, Cathedral/Vaulted Ceilings
Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Window Features: Window Coverings
Has Fireplace
Fireplace Features: Single Fireplace
Basement: None
Exterior Details
Square Footage Source: Assessor
Property Condition: Not New, Previously Owned
Year Built: 1925
Levels: Two
Building Area Units: Square Feet
Construction Materials: Wood/Frame, Brick/Brick Veneer
Roof: Composition
Lot Size Area: 7108
Lot Size Units: Square Feet
Lot Size Acres: 0.16
Lot Size Square Feet: 7108
Water Source: City Water, City of Boulder
Utilities Details
Heating Type: Forced Air, Zoned
Utilities for Property: Natural Gas Available, Electricity Available
Sewer : City Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2025
|
Loft
|
4 Bath
|
-
|
$1,485,000
Loft
4 Bath
|
$1,465,000
-1.35%
04/07/2025
|
Bianca Griffith
RE/MAX of Boulder
| |
|
04/10/2024
|
5 Bed
|
4 Bath
|
-
|
$999,000
5 Bed
4 Bath
|
$995,000
-0.40%
04/12/2024
|
Daryl Smith
RE/MAX of Boulder
|
Building Info
About Central Boulder
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Listed by: Daryl Smith, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1007061
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 1007061
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