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1843 Arapahoe Ave

Boulder, CO 80302
  • $1,335,000
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 989043
UPDATED: 93 min ago
$1,335,000
  • 5
    BEDS
  • 0.1
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,872
    SQFT
  • $465
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Information

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

Description

Great new price with a 5% cap rate! Solid rental performance with this rarely available duplex in a prime Boulder location within walking distance to CU and Downtown Boulder. Effective year built is 1985. Well maintained and owned by the same owner for over 30 years. Professionally and exceptionlly managed by Triple V and then Boulder Property Management for the entire time. Pre leased through mid August, 2024! One full year of continuing professional management by BPM is included!

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© 2023 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 Sears Real Estate. Data last updated: 2023-09-30T23:42:14.067.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/140111892
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1843 Arapahoe Ave Boulder, CO 80302

  • Price: $1,335,000
  • Status: Active
  • On Site: 121 Days
  • Updated: 93 min ago
  • MLS #: 989043
5
Beds
3
Baths
0
½ Baths
0.1
Acres
2,872
SQFT
$465
$/SQFT
1900
Built
Neighborhood:
T Js 1843 Sub
County:
Boulder
Area:
01 Boulder City Limits
Elementary School:
Whittier
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Dist Re2
Property Description
Great new price with a 5% cap rate! Solid rental performance with this rarely available duplex in a prime Boulder location within walking distance to CU and Downtown Boulder. Effective year built is 1985. Well maintained and owned by the same owner for over 30 years. Professionally and exceptionlly managed by Triple V and then Boulder Property Management for the entire time. Pre leased through mid August, 2024! One full year of continuing professional management by BPM is included!
Exterior Features

Architectural Style Contemporary/Modern Construction Materials Wood/FrameBrick/Brick Veneer Horse YN No Levels Two Other Parking Parking Per Unit(Less Than 1) Patio And Porch Features Enclosed Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Appliances Electric Range/OvenRefrigeratorWasherDryer Basement None Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 4 Unit1 Total Baths 2 Unit2 Bedrooms 1 Unit2 Total Baths 1

Property Features

Association YN No Cap Rate 4.93 Ditches Active YN No Electric Master Meter-ElectricXcel Gross Income 81480 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 65757 New Construction YN No Operating Expense 15723 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 6016 Tax Year 2022 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 5200 Unit2 Rent 1590 Water Source City WaterCity Zoning Res

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Linda Nehls of Re/Max Of Boulder, Inc: 3034497000.



© 2023 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 Sears Real Estate. Data last updated: 2023-09-30T23:42:14.067.

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