1631 19th St, Boulder, CO 80302
Local realty services provided by:CENTURY 21 Cornerstone
1631 19th St,Boulder, CO 80302
$4,200,000
- - Beds
- - Baths
- 7,400 sq. ft.
- Multi-family
- Active
Listed by: benny swan
Office: live west realty3038009601
MLS#:1071796
Source:IRES
Price summary
- Price:$4,200,000
- Price per sq. ft.:$567.57
About this home
Located blocks from Pearl Street and CU Boulder, 1631 19th St offers a rare opportunity to acquire a 7-unit, 21-bedroom multifamily property in Boulder's desirable Goss Grove neighborhood. The property totals approximately 7,400 SF and features two 2BR units, three 3BR units, two 4BR units, and 12 off-street parking spaces. Significant value-add potential remains across six units. Unit #1 was renovated in 2025, providing a proof of concept for the proposed improvements. The renovation strategy includes interior upgrades, in-unit laundry, and floorplan modifications to increase the property from 21BR/10BA to 23BR/12BA. Proposed improvements include additional bathrooms in Units #3 and #4 and bedrooms in Units #4 and #7. The estimated renovation budget is $390K ($65K/unit). Ownership has invested approximately $300K in exterior capital improvements over the past five years, including roof, windows, siding/insulation, exterior staircases, and bathroom exhaust systems. At the $4.2M offering price, the property features a 5.58% stabilized as-is cap rate, based on $234,242 in modeled NOI. Following renovations, the pro forma projects $338,003 in stabilized NOI and a 7.36% unleveraged yield on total cost, including the $390K renovation budget. Projections are subject to permitting, renovation execution, lease timing, and buyer verification. No assumable loan or seller financing....
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Home facts
- Year built:1900
- Subdivision & Development:Culver
- Listing ID #:1071796
- Added:1 day(s) ago
- Updated:November 07, 2026 at 02:46 AM
Rooms and interior
- Flooring:Wood
- Dining Description:Eat-in Kitchen
- Kitchen Description:Dishwasher, Disposal, Electric Range, Refrigerator
- Basement Description:Partially Finished
- Living area:7,400 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Composition
- Year built:1900
- Building area:7,400 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Curbs, Deciduous Trees, Fire Hydrant within 500 Feet, Level, Paved, Sidewalks, Street Light
- Construction Materials:Frame
- Exterior Features:Balcony, Deck, Sprinkler System
- Levels:3 Story
Schools
- High school:Boulder
- Middle school:Centennial
- Elementary school:Whittier
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,200,000
- Price per sq. ft.:$567.57
- Tax amount:$17,928
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Electric Range, Fire Alarm, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Cathedral Ceiling(s), Eat-in Kitchen, Outside Entry
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