350 Arapahoe Ave ##10 new Save Request In-Person Tour Request Virtual Tour
Boulder,CO 80302
Key Details
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Square Footage 851 sqft
Price per Sqft $141
Subdivision Flatirons
MLS Listing ID 1026862
Bedrooms 2
Full Baths 1
HOA Fees $450/mo
HOA Y/N true
Abv Grd Liv Area 851
Originating Board IRES MLS
Year Built 1975
Annual Tax Amount $725
Property Sub-Type Attached Dwelling
Property Description
Prime Investment Opportunity in the Heart of Boulder. Discover an exceptional opportunity at a competitive price point, perfectly suited for investors, second-home buyers, or student housing. This versatile residence blends affordability with the sought-after Boulder lifestyle.Backing to serene open space, the home offers a peaceful setting with two dedicated parking spaces. The unit boasts hardwood floors, a bright updated kitchen, and a cozy wood-burning fireplace.A unique land lease structure makes this property especially appealing for buyers seeking to maximize value. Short-term rentals (Airbnb) are allowed, presenting significant income potential and lifestyle flexibility.Key Details:Financing: Cash or Portfolio LoanLand Lease: Annual payment due each October. Appraised at $35,791.11 in 2024 and adjusted annually by CPI, with reappraisal every five years. Purchase option available after 2037.Tax Benefit Potential: Lease may qualify as "redeemable ground rent." Buyer is solely responsible for consulting with their accountant in this matter.HOA Dues Include: Water, trash, heating, exterior maintenance, and hazard insurance (electric/gas billed separately).Seize this rare chance to invest in Boulder's vibrant market while enjoying both value and versatility.
Location
State CO
County Boulder
Community Extra Storage
Area Boulder
Zoning RES
Rooms
Basement Crawl Space
Primary Bedroom Level Upper
Master Bedroom 14x12
Bedroom 2 Upper 11x11
Kitchen Other Floor
Interior
Heating Baseboard
Appliance Refrigerator,Washer,Dryer
Exterior
Garage Spaces 2.0
Community Features Extra Storage
Utilities Available Electricity Available
Roof Type Composition
Building
Lot Description Abuts Public Open Space
Story 2
Water City Water,City Of Boulder
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Flatirons
Middle Schools Manhattan
High Schools Boulder
School District Boulder Valley Dist Re2
Others
HOA Fee Include Trash,Management,Maintenance Structure,Water/Sewer,Hazard Insurance
Senior Community false
Tax ID R0065978
SqFt Source Assessor
Special Listing Condition Private Owner
Virtual Tour https://listings.inhousephotos.com/sites/opzpevk/unbranded