1839 Arapahoe Ave,  Boulder CO, 80302 (Closed)

Sold Price:
$825,000
Date:10/06/2017
|
1,490 sqft
|
MLS# 816641
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Last Updated: 10/21/2017 5:45 PM
Description for 1839 Arapahoe Ave Boulder, CO 80302
Back on market. Contract fell 7/11/2017. Buyer wanted to scrape and build, but the process was taking too long... Legal 3 unit apartment building. Best location in Boulder, between Pearl and Colorado University. Walk to Pearl Street. Walk to CU.Two 2 bedroom apartments and one studio apartment. Rents are well below market rate. Can also rent 5 parking spaces. Each of the three units is $200 per month under market rent. Cap rate does not include a property management fee. City allows 12 tenants.
This Cluster property in Boulder, CO, MLS # 816641, is located in the neighborhood of Culver. 1839 Arapahoe Ave is within the Bldr Valley Dist Re2 School District, served by BOULDER High School, CASEY Middle School, and WHITTIER Elementary School.
Price
Sold Price:
$825,000
Sold Date:10/06/2017
Culver
Boulder
1,490 (approx)
816641
Closed
Description
Back on market. Contract fell 7/11/2017. Buyer wanted to scrape and build, but the process was taking too long... Legal 3 unit apartment building. Best location in Boulder, between Pearl and Colorado University. Walk to Pearl Street. Walk to CU.Two 2 bedroom apartments and one studio apartment. Rents are well below market rate. Can also rent 5 parking spaces. Each of the three units is $200 per month under market rent. Cap rate does not include a property management fee. City allows 12 tenants.
Listing Information for 1839 Arapahoe Ave Boulder, CO 80302
Property Type: Cluster Victorian, 2 Story 0.09 Acres
1,490 (approx) 1900 2
Wood Frame
Culver
Electric, Cable TV
Neighborhood
School Information
District: Bldr Valley Dist Re2
WHITTIER CASEY BOULDER
Room Information
Interior Features
Electric Range/Cooktop, Refrigerator
Window/Wall Unit
Forced Air
Partial
3
Exterior / Lot Features
AO
Paved Road
Driving Directions
On Arapahoe East of Broadway.
Financial Considerations
$3,634
Listing Price History

Boulder Real Estate

Boulder is located in Colorado. Boulder, Colorado 80302 has a population of 107,349.

The median household income in Boulder, Colorado 80302 is $58,062. The median household income for the surrounding county is $69,407 compared to the national median of $53,482. The median age of people living in Boulder 80302 is 28.3 years.

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Courtesy: Michael Dwyer - Michael Dwyer Real Estate Michael Dwyer
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Information is deemed reliable but is not guaranteed.

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