1843 Arapahoe #1 & 2, Boulder, CO 80302
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1843 Arapahoe #1 & 2,Boulder, CO 80302
$1,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: tim shea, carolyn barlow
Office: compass - boulder
MLS#:IR1067349
Source:ML
Price summary
- Price:$1,495,000
About this home
Unbeatable Rental Location! An investment opportunity in the popular Goss/Grove neighborhood, only a few blocks north of the University of Colorado Boulder and within easy walking/biking distance of needed amenities, restaurants, and nightlife. Built-in Tenant Demand! 1843 Arapahoe has been fully occupied and Professionally Managed for decades. Two Pre-leased Units with an excellent rental history, always at current market rates. Student populations and young professionals compete for rentals in this specific grid and this 2-unit home offers a main level 4-bed/2-bath renting for $6175/month plus a separate 1-bed/1-bath unit upstairs, which brings in $1975/mo. Built in 1900, this home comes with Historical Character Protection which preserves your investment from being visually replicated by generic new-construction and maintaining the existing historic neighborhood charm. The home was modernized in 1985 and is well maintained. Direct access to Boulder's amazing transportation (RTD) along Arapahoe makes it easy to be car-free in this location, however there are 2-off street parking spaces for the property. A private, fenced backyard adds to the value and the main unit has 3 entrances, allowing roommate privacy. Why bus or drive when you can walk/bike right out your door? Live the Boulder lifestyle from 1843 Arapahoe or get your foot in the door with this well priced investment home. No HOA!...
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Home facts
- Year built:1900
- Subdivision & Development:T Js 1843 Sub
- Listing ID #:IR1067349
Rooms and interior
- Kitchen Description:Dishwasher, Oven, Refrigerator
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1900
- Lot Features:Corner, Flood Zone, Level
- Construction Materials:Brick
- Exterior Features:Balcony, Deck, Patio
- Levels:1 Story, 2 Story
Schools
- High school:Boulder
- Middle school:Centennial
- Elementary school:Flatirons
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Tax amount:$7,521
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Window Coverings
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