Boulder, CO 80302 1631 19th St

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.