975 8th St in Boulder is currently a legal Multi-Family Investment Property

• Two Units
• Unit A (upper) 3 bedroom+loft 1 bath
• Unit B (lower walkout) 2 bedroom 1 bath
• Unit A rent $3850 mo, lease ends June 30 2025
• Unit B rent $2800 mo, lease ends May 31st
• Projected income 24-25 $79,800
• GRM: 18.67
• Cap Rate: 4.22
• Tenants pay Gas and Electric - separate meters
• Owner pays water and sewer
• No HOA
• 4 off-street parking spaces- potential a 5th

Downstairs, unit B tenants are moving at the end of their lease on May 31, 2024.  Rent will be $2800/month for new tenants’ upcoming lease.