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2333 Walnut St

Boulder, CO 80302
  • $2,500,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 1011159
UPDATED: 59 min ago
$2,500,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,456
    SQFT
  • $723
    $/SQFT
Type:
Multi-Family
Built:
1984
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Discover an understated gem in a prime Downtown Boulder location! This unique 4-plex features vertically attached homes (total sqft of 3,456) on a generous 6,996 square foot lot, complete with a functional well used for irrigating the grounds of all three adjacent properties. Each of the four distinct units boasts exterior entrances, providing both privacy and comfort.Zoned RH2, this property offers flexible development options, with the city allowing up to 40% of the FAR to remain undeveloped without restrictions on the number of units. There is potential for easy conversion into four townhomes, or possibly more.Nestled on the quiet end of the street, north of the road and west of Folsom, this fantastic location offers potential mountain views and is centrally located close to the Chamber of Commerce, Arapahoe Village shopping, McGuckins, 29th Street Mall, and Pearl Street Mall.The seller is open to selling the two adjacent west properties along with this one, creating an exceptional investment opportunity. Don't miss out on this rare opportunity in the heart of Boulder-act quickly!If 2345, 2333 and 2319 Walnut are bought at the same time seller will discount the price of all 3 by $400,000 to $5,200,000!

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© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-06T17:41:17.577.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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2333 Walnut St Boulder, CO 80302

  • Price: $2,500,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 59 min ago
  • MLS #: 1011159
8
Beds
4
Baths
0
½ Baths
0.16
Acres
3,456
SQFT
$723
$/SQFT
1984
Built
Neighborhood:
Boulder O T East & West & North
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Whittier
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Discover an understated gem in a prime Downtown Boulder location! This unique 4-plex features vertically attached homes (total sqft of 3,456) on a generous 6,996 square foot lot, complete with a functional well used for irrigating the grounds of all three adjacent properties. Each of the four distinct units boasts exterior entrances, providing both privacy and comfort.Zoned RH2, this property offers flexible development options, with the city allowing up to 40% of the FAR to remain undeveloped without restrictions on the number of units. There is potential for easy conversion into four townhomes, or possibly more.Nestled on the quiet end of the street, north of the road and west of Folsom, this fantastic location offers potential mountain views and is centrally located close to the Chamber of Commerce, Arapahoe Village shopping, McGuckins, 29th Street Mall, and Pearl Street Mall.The seller is open to selling the two adjacent west properties along with this one, creating an exceptional investment opportunity. Don't miss out on this rare opportunity in the heart of Boulder-act quickly!If 2345, 2333 and 2319 Walnut are bought at the same time seller will discount the price of all 3 by $400,000 to $5,200,000!
Exterior Features

Attached Garage YN No Construction Materials Wood/Frame Covered Spaces 0 Garage Type None Garage YN No Horse YN No Levels Two Roof Composition Spa YN No Waterfront YN No

Interior Features

Above Grade Finished Area 1728 Appliances Electric Range/OvenGas Range/OvenDishwasherRefrigeratorWasherDryer Basement None Baths Rough In 0 Below Grade Finished Area 0 Building Area Total 1728 Has Family Room No Heating Forced Air Heating YN Yes Kitchen Length 1 Kitchen Level Main Kitchen Width 1 Living Area 3456 Living Area Source Assessor Main Floor Sq Ft 1728 Master Bedroom Length 1 Master Bedroom Level Upper Master Bedroom Width 1 Unit1 Bedrooms 2 Unit1 Est Sq Ft 800 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 800 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 800 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 800 Unit4 Total Baths 1 Upper Sq Ft 1728

Property Features

Association YN No Cap Rate 3.09 Ditches Active YN No Exclusions Seller's Personal Property Gas Natural GasXcel Gross Income 94500 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 77158 New Construction YN No Operating Expense 17342 Possible Use Single Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 7941 Tax Year 2023 Tenant Pays Deposit Unit1 Rent 2200 Unit2 Rent 2200 Unit3 Rent 2200 Unit4 Rent 2200 Utilities Natural Gas Available Water Source City WaterCity Zoning MLT FAM <1

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Aj Chamberlin of RE/MAX Alliance-Boulder: 3035888999.



© 2024 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-06T17:41:17.577.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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