Address
4420 Driftwood Pl, Boulder, CO
Price
$ 1,495,000
Property Attributes
- MLS#988487
- TypeIncome
- CountyBOULDER
- CityBoulder
- AreaSuburban Plains
- NeighborhoodTwin Lakes
- Zip80301
- StyleLegal Conforming
- Year Built1972
- Taxes$ 5262
- Price$ 1,495,000
- Bedrooms7
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage3080
- Lot Size12,197 SqFt
Data Source:
Information and Real Estate Services (IRES)
Property Description
This Spacious Updated Triplex near 63rd and Jay features two 2 bedroom, 1 bath units with remodeled kitchens, hardwood floors, fenced yards, and a one car garage. The third unit is a 2 story, 3 bedroom 2 bath unit, with upstairs master suite, vaulted ceilings, granite counters, fenced front and back yards, and a 1 car garage. All units back to a gorgeous community park, and are located in a quiet Twin Lakes neighborhood, centrally located between Boulder and Gunbarrel. SO MANY OPTIONS: Hold as a reliable income property with steadily increasing rents; OR condo convert to add value and sell off the units separately; OR take advantage of lower interest rates and owner occupy one of the 2 bedroom units with occupancy available Aug.1, 2023. The other 2 bedroom unit and the 3 bedroom unit are fully leased through July 2024, so a steady income stream will offset a large portion of the buyer's mortgage. Owner is licensed Broker in Colorado.
| Elementary School | Middle School | High School |
|---|---|---|
| Heatherwood Elementary School | Centennial Middle School | Boulder High School |
| Price History | |
|---|---|
| 5/25/2023 | Listed $1,495,000 |
General Features
| Appliances | Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer |
|---|---|
| Assoc Fee Paid Per | Annually |
| Assoc Fees | 713.34 |
| Association Fee Includes | Common Amenities |
| Association Y/N | Yes |
| Attached Garage | No |
| Basement | None |
| Buyer Agent Compensation | 2.80 |
| Buyer Agent Compensation Type | % |
| Cap Rate | 5.32 |
| City | Boulder |
| Community Features | Park |
| Construction Materials | Wood/Frame |
| Cooling | Central Air |
| County | Boulder |
| Electric | Electric, Xcel |
| Elementary School | Heatherwood |
| Exclusions | Tenants' possessions |
| Garage Y/N | No |
| Gas Y/N | Natural Gas, Xcel |
| Gross Income | 90120 |
| Heating | Forced Air |
| High School | Boulder |
| High School District | Boulder Valley Dist RE2 |
| Interior Features | Eat-in Kitchen |
| Land Lease Y/N | No |
| Levels | Two |
| Lot Size Square Feet | 12347 |
| MLS Area | Suburban Plains |
| Middle/Junior High School | Centennial |
| Net Operating Income | 79558 |
| New Construction | No |
| Operating Expense | 10562 |
| Patio/Porch Features | Patio |
| Possible Use | Multi-Family |
| Property Attached Y/N | No |
| Property Condition | Not New, Previously Owned |
| Property SubType | Income Property |
| Property Type | Residential Income |
| Roof | Composition |
| Senior Community Y/N | No |
| Sewer | City Sewer |
| Standard Status | Active |
| Status | Active |
| Stories | 2 |
| Street Name | Driftwood |
| Structure Type | Legal Conforming |
| Subdivision Name | Twin Lakes |
| Tax Annual Amount | 5262 |
| Tax Year | 2022 |
| Tenant Pays | Deposit, Gas, Electricity, Water, Sewer, Trash Collection |
| Total Units | 3 |
| Utilities | Natural Gas Available, Electricity Available |
| View | Foothills View |
| Virtual Tour | https://my.matterport.com/show/?m=wMoGcBQ1oEY |
| Waterfront Y/N | No |
| Year Built | 1972 |
| Zoning | Res |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Fireplace Features | Free Standing |
| Fireplace Y/N | Yes |
| Flooring | Wood Floors |
| Heating Y/N | Yes |
| Laundry Features | Washer/Dryer Hookups |
| Living Area Units | Square Feet |
| Livingareasource | Assessor |
| Street Suffix | Pl |
| Total Baths | 4 |
| Total Bedrooms | 7 |
Exterior Features
| Days on Market | 5 |
|---|---|
| Fencing | Fenced |
| Horse Y/N | No |
| Lot Features | Abuts Park |
| Lot Size Acres | 0.28 |
| Lot Size Area | 12347 |
| Lot Size Units | Square Feet |
| Other Parking | Parking Per Unit(1 Space/Unit) |
| Road Surface Type | Paved |
| Spa | No |
| Water Source | City Water, City of Boulder |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 80301
Price
Taxes
Visits
Year Built
Information deemed reliable but not guaranteed by the MLS. © 2023 Information and Real Estate Services, LLC.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES.
The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
The IRES, LLC Data on this
