1631 19th Street
Boulder, CO 80302
7400 sqft | 0.27 acres | #3421353
Description
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, offering an attractive unit mix: (2) 2BR/1BA, (3) 3BR/1BA, and (2) 4BR/2BA layouts.
With $300K in recent capital improvements, including a new roof, siding, windows, insulation, staircases, and bathroom exhaust fan systems, the property combines classic charm with upgraded infrastructure. Each unit is individually metered and professionally managed, with 14 off-street parking spaces and historically 0% vacancy—five of the seven units are pre-leased through 2026.
Boasting a 5.2% cap rate based on actuals and strong tenant demand, this is a turnkey investment in the heart of Boulder.
Property Details
- Lot DescriptionCorner Lot, Irrigated, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Original List Price$4,850,000
- Property TypePurchase
- Exterior MaterialsBalcony
- CountyBoulder
- Taxes Annual$18,450
- MLS #3421353
- Cost4600000
- MLS #3421353
- Utility SourcePublic
- Acres0.27
- Square Feet7400
- Year Built1900
Location
Legal
Based on information submitted to the MLS GRID as of 2025-08-29 00:04:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Provided By
Listing Agent: Benjamin Swan (#REC27520N), Phone: 303-818-6236, Email: Benny@livewestrealty.com
Listing Office: Live West Realty (#RECBO003)
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