Boulder, CO 80304,750 North ST
Boulder, CO 80304,750 North ST
Boulder, CO 80304,750 North ST
Boulder, CO 80304,750 North ST
Boulder, CO 80304,750 North ST
Boulder, CO 80304,750 North ST
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$780,000

$780,000

Est.Price: ?

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Est. payment /mo

5 Beds

2 Baths

2,240 SqFt


SOLD DATE : 02/24/2022

Key Details

Sold Price $780,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $348

Subdivision Neikirk Stewart

MLS Listing ID 2720415

Sold Date 02/24/22

Bedrooms 5

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,120

Originating Board recolorado

Year Built 1957

Annual Tax Amount $6,030

Tax Year 2020

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Investment opportunity for short term hold! Seller is a cooperative housing developer seeking to create innovative, attainable housing for Boulder. The future of 750 North St is a cooperative home that would allow for owner occupants to generate equity at a low cost of entry, providing much-needed access to home ownership in Boulder with a low barrier to entry. Seller is seeking a Buyer to purchase this property in tandem with an Option for Repurchase with a term of up to 18 months, appreciating at a rate of 6% per year. This opportunity would allow the buyer to invest in a stable asset with fixed return upon repurchase, or to benefit from market rate value if the developer does not exercise their right to purchase within the 18 month term.

The top floor features a 3 bedroom 1 bath apartment and a 2 bedroom 1 bath apartment below. In March 2021, property appraised at $1.01M. Seller will consider traditional offers for purchase, but will prioritize offers with repurchase agreement and property lease.

Location

State CO

County Boulder

Rooms

Basement Finished

Main Level Bedrooms 3

Interior

Heating Forced Air

Cooling None

Flooring Tile, Wood

Fireplace N

Exterior

Roof Type Composition

Garage No

Building

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Split Entry (Bi-Level)

Structure Type Block, Frame

Schools

Elementary Schools Whittier Int'L

Middle Schools Casey

High Schools Boulder

School District Boulder Valley Re 2

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Your Castle Realty LLC
Bought with Your Castle Realty LLC
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