1631 19th Street Boulder, CO $ 4,200,000
1631 19th Street
$ 4,200,000
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1631 19th Street

Boulder, CO, 80302
$ 4,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 26,519

Listed by Live West Realty
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Commercial Property for sale in Boulder, CO

for $4,200,000. This building was built in 1900 on a lot size of 0.27.

Located just blocks from Pearl Street and CU Boulder, 1631 19th St presents a rare opportunity to acquire a 7-unit, 21-bedroom multifamily property in Boulder's highly desirable Goss Grove neighborhood. The property totals approximately 7,400 SF and features a diverse unit mix of two 2BR units, three 3BR units and two 4BR units, along with 12 off-street parking spaces. Significant value-add potential remains across six of the seven units. Unit #1 was recently renovated, successfully demonstrating the renovation strategy and achievable rental premium. The proposed renovation plan for the remaining units includes interior upgrades, adding in-unit washer/dryers, and strategic floorplan modifications that would increase the property from **21 bedrooms / 9 bathrooms to 22 bedrooms / 11 bathrooms**. Property management projects approximately 17% rent growth following renovation and stabilization, with an estimated renovation budget of approximately $390K ($65K/unit) for the remaining six units. Ownership has also invested approximately $300K in recent exterior capital improvements, including roof, windows, siding/insulation, exterior staircases and bathroom exhaust systems, providing a strong infrastructure foundation for the next owner while allowing future capital to be focused primarily on the interior value-add opportunity. Current NOI is approximately $235,630, with projected stabilized NOI of approximately $329,229 following execution of the renovation strategy. The property has historically achieved full pre-leasing and offers investors a compelling combination of current cash flow, proven renovation upside and an irreplaceable central Boulder location. No assumable loan or seller financing.

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Commercial Active

Price

$ 4,200,000

Property Type

Commercial

Taxes

$ 17,928

Style

Multi Family

Lot Size

0.27

Year Built

1900

Town/City

Boulder

County/Region

Boulder

MLS | Web ID

4515025

Features
General
Sewer Public Sewer
Roof Composition
Zoning RH-2
Garage Spaces 0
Construction Materials Frame Vinyl Siding
Year Built 1900
Property Subtype Multi Family
Current Use Multi-Family
Parcel Number R0008796
County Boulder
Property Type Commercial Sale
HOA N
Attached Garage N
Directions Google Maps
City Boulder
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Square Feet
Lot Size Square Feet 11880
Carport Spaces 0
Property Attached Y/N N
Tax Annual Amount 17928
Virtual Tour https://my.matterport.com/models/CQwvnHpjfSW
Standard Status Active
Freehold IDX
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Exterior
Exterior Amenities Balcony
Parking Features Asphalt
Lot Features Corner Lot Irrigated Landscaped Near Public Transit Sprinklers In Front Sprinklers In Rear
Water Source Public
Lot Size Area 11880
Lot Size Acres 0.27
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* Excluded Features
List By
Live West Realty

Broker

Benny@livewestrealty.com,303-818-6236

Contact

Affordability Calculator

$28,013
Per Month
95%
5%
0%
Monthly Principal & Interest
$26,519
Monthly Property Taxes
$1,494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$4,200,000 Listed Price

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1631 19th Street, Boulder, CO, 80302 is a Commercial Property for sale at $4,200,000 with a lot size of 0.27. 1631 19th Street was built in 1900. The property's zip code is 80302 which is in Boulder, CO