About 1631 19th Street
Located just steps from Pearl Street and CU Boulder, 1631 19th St presents a rare chance to own a stabilized 7-unit multifamily property in one of Boulder’s most sought-after rental corridors. This income-producing asset features 21 bedrooms and 10 bathrooms across 7,400 square feet, with an attractive unit mix of two 2BR/1BA units, three 3BR/1BA units, and two 4BR/2BA units. The property has benefited from $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and upgraded bathroom exhaust systems, blending classic Boulder charm with modernized infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy. With a current cap rate of 5.1% and a pro forma cap rate of 5.6%, coupled with strong tenant demand, this property offers investors both stability and future upside in the heart of Boulder. No Assumable Loan or Seller Financing
Features of 1631 19th Street
MLS® # | 3421353 |
---|---|
Price | $4,500,000 |
Bathrooms | 0.00 |
Square Footage | 7,400 |
Acres | 0.27 |
Year Built | 1900 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Features | Coin Laundry |
Community Information
Address | 1631 19th Street |
---|---|
City | Boulder |
County | Boulder |
State | CO |
Zip Code | 80302 |
Amenities
Features | Coin Laundry |
---|---|
Parking Spaces | 14 |
Parking | Asphalt |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
---|
Exterior
Exterior Features | Balcony |
---|---|
Lot Description | Corner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear |
Roof | Composition |
Additional Information
Date Listed | May 19th, 2025 |
---|---|
Zoning | RH-2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Live West Realty |
---|