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1603 Arapahoe Ave

Boulder, CO 80302
  • $1,700,000
  • STATUS: Active Under Contract
  • ON SITE: 81 Days
  • ID#: 959827
Under Contract
UPDATED: 27 min ago
$1,700,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,940
    SQFT
  • $578
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Two unit multi-family investment opportunity in the heart of Boulder. Located within walking distance from both the University of Colorado and downtown, this student rental property is always 100% occupied. Amenities abound with dedicated off-street parking, a washer and dryer in each unit, and seven total bedrooms. Not to mention the historic charm. Let this be your next MUH investment in Boulder.

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© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NAV Real Estate. Data last updated: 2022-05-22T18:40:41.593.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.navcolorado.com/homes/126239781
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1603 Arapahoe Ave Boulder, CO 80302

  • Price: $1,700,000
  • Status: Active Under Contract
  • On Site: 81 Days
  • Updated: 27 min ago
  • ID#: 959827
7
Beds
0
Baths
0
½ Baths
0.15
Acres
2,940
SQFT
$578
$/SQFT
1910
Built
Neighborhood:
Orchard Home - Bo
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Whittier
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Two unit multi-family investment opportunity in the heart of Boulder. Located within walking distance from both the University of Colorado and downtown, this student rental property is always 100% occupied. Amenities abound with dedicated off-street parking, a washer and dryer in each unit, and seven total bedrooms. Not to mention the historic charm. Let this be your next MUH investment in Boulder.
Exterior Features

Construction Materials Brick/Brick Veneer Fencing Fenced Horse YN No Levels Two Lot Features CurbsGuttersSidewalksCorner Lot Other Parking Parking Per Unit(2 Spaces/Unit) Parking Features Alley Access Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Spa YN No View Foothills View Waterfront YN No

Interior Features

Accessibility Features Near Bus Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement Crawl Space Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 2 Unit2 Bedrooms 3 Unit2 Total Baths 2

Property Features

Association YN No Cap Rate 4.42 Ditches Active YN No Electric ElectricXcel Gas Natural GasXcel Gross Income 100920 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status Backup Listing Terms CashConventional Locale Boulder Net Operating Income 75288 New Construction YN No Operating Expense 25632 Possible Use Multi-Family Property Condition Not NewPreviously Owned Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 6631 Tax Year 2021 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 4995 Unit2 Rent 3415 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Boulder Zoning Rmx-1

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Todd Walsh of Market Real Estate: 303-444-5040.



© 2022 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NAV Real Estate. Data last updated: 2022-05-22T18:40:41.593.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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