1839 Arapahoe Ave

Boulder, CO 80302

Incomes Property  $825,000  Sold

10-18-2017 05:48pm

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
Sold
Status Conditions
Cash, Conventional, FHA, VA
Last Update
10-18-2017 05:48pm
Bedrooms
0
SqFt
1490
Year Built
1900

Lot Size
3768
SqFt Lot
4172

Sold Price
$825,000
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

executed in 0.234 sec.