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4420-4422 Driftwood Place

Boulder, CO 80301
  • $1,495,000
  • STATUS: Active
  • ON SITE: 7 Days
  • ID#: IR988487
$1,495,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,080
    SQFT
  • $485
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Live West Realty.

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.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than David Richins | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.gocoloradorealestate.com/homes/139886182
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4420-4422 Driftwood Place Boulder, CO 80301

  • Price: $1,495,000
  • Status: Active
  • On Site: 7 Days
  • ID#: IR988487
0
Beds
0
Baths
0
½ Baths
0.28
Acres
3,080
SQFT
$485
$/SQFT
1972
Built
Neighborhood:
Twin Lakes
County:
Boulder
Area:
Boulder
Elementary School:
Heatherwood
Middle School:
Centennial
High School:
Boulder
School District:
Boulder Valley Re 2
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.
Exterior Features

Construction Materials Wood Frame Parking Total 5 Patio And Porch Features Patio Road Frontage Type Public Road Surface Type Paved Roof Composition View Mountain(S)

Interior Features

Appliances DishwasherDryerOvenRefrigeratorWasher Basement None Basement YN No Cooling Central Air Fireplace Features Free Standing Flooring Wood Heating Forced Air Interior Features Eat-In Kitchen Laundry Features In Unit Levels Two Main Level Bedrooms 0

Property Features

Association Amenities Park Association Fee 713.34 Association Fee Annual 713.34 Association Fee Frequency Annually Association Fee Total Annual 713.34 Association YN Yes Building Area Source Assessor Exclusions Tenants' Possessions Gross Income 6950 HVACDescription Central Air Conditioning Income Includes Rent Only Listing Terms 1031 ExchangeCashConventional Multiple Associations YN No Net Operating Income 79558 Operating Expense 10562 Ownership Agent Owner Property Sub Type Triplex Restrictions Covenants YN Yes Road Responsibility Public Maintained Road Sewer Public Sewer Sewer Tap YN No Tax Annual Amount 5262 Tax Legal Description Lots 5 & 6 Blk 2 Twin Lakes 1 Tax Year 2022 Tenant Pays ElectricityGasTrash CollectionWater Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Res

REcolorado logo Listing courtesy of Live West Realty:kylemc@livewestrealty.com. MLS #IR988487


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than David Richins | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Live West Realty.