1839 Arapahoe Avenue

Boulder, CO 80302

Residential  $845,000  Under Contract

08-14-2017 04:52pm

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#
2675444
MLS Originator
REcolorado (Denver)
Off Market Date
08-14-2017 12:00am
Original Price
$975,000

Property
Residential
Property Subtype
Detached Single Family
Status
Under Contract
Status Conditions
None Known
Last Update
08-14-2017 04:52pm
Bedrooms
5
Bathrooms
3
SqFt
1680
Year Built
1900
Der PSF Total
502.98

SqFt Lot
3768.00
SqFt Finished
1680
SqFt Basement
190
SqFt Above
1490

Previous Year Tax
$3,837
Terms and Conditions
Cash, Conventional, Exchange, FHA, VA
Transaction Type
For Sale

Appliances
Refrigerator (Kitchen), Self-Cleaning Oven
Flooring
Carpet
Cooling
None
Heating
Forced Air
Heating Fuel
Electric
Fire Number
0

Baths Full
3

Features
Deck
Base Size
Partial
Parking Spaces
1
Vehicle Spaces
6
Type
# of Space
L x W
Description
Off-Street
6
-
Water
Public

Structure
2 Story
Roof
Composition Shingles
Construction
Wood Siding
Architectural Style
Victorian
Exterior Features
Deck
Construction Method
Frame

School District
Boulder Valley RE 2
Elementary School
Whittier Int'l
Middle School
Casey
High School
Boulder

PPA
9388888.89

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 1839 Arapahoe Avenue, Boulder, CO 80302
- Property Type: Residential, 5 beds, 3 baths, 1680 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 (1)
$845,000 (1)
$845,000 (1)
$845,000 (1)
Area 2 (1-2 miles)
$845,000 (1)
$845,000 (1)
$845,000 (1)
$845,000 (1)
Area 3 (2-3 miles)
$845,000 (1)
$712,450 (2)
$712,450 (2)
$649,967 (3)
Area 4 (3-5 miles)
$810,000 (2)
$733,300 (3)
$733,300 (3)
$681,225 (4)

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