1839 Arapahoe Ave

Boulder, CO 80302

Incomes Property  $845,000  Active

08-14-2017 04:54pm

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.

MLS#
816641
MLS Originator
IRES

Property
Income Property
Status
Active
Status Conditions
Cash, Conventional, FHA, VA
Last Update
08-14-2017 04:54pm
Bedrooms
0
SqFt
1490
Year Built
1900

Lot Size
3768
SqFt Lot
4172

Previous Year Tax
$3,634

Heating
Forced Air

Baths Full
0
Family Width
0
Family Length
0
Dining Room Width
0
Dining Room Length
0
Kitchen Width
0
Kitchen Length
0
Room Study Width
0
Room Study Length
0
Laundry Width
0
Laundry Length
0

School District
Bldr Valley Dist RE2
Elementary School
Whittier
Middle School
Casey
High School
Boulder

Unit Total
3

Water Tap Paid (Y/N)
No

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1839 Arapahoe Ave, Boulder, CO 80302
- Property Type: Incomes Property, - beds, - baths, 1490 SqFT
- Selling Price: $845,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$845,000 (2)
$845,000 (2)
$845,000 (2)
$845,000 (2)
Area 2 (1-2 miles)
$754,200 (5)
$756,667 (6)
$756,667 (6)
$760,375 (8)
Area 3 (2-3 miles)
$743,500 (6)
$747,143 (7)
$747,143 (7)
$752,555 (9)
Area 4 (3-5 miles)
$743,500 (6)
$1,991,250 (8)
$1,991,250 (8)
$1,747,300 (10)

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