Megan Powell
BEDS0
BATHS
SQUARE FEET1,879
MLS#1067349
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONT Js 1843 Sub
SCHOOLBoulder Valley Dist RE2
Property Description
Unbeatable Rental Location! An investment opportunity in the popular Goss/Grove neighborhood, only a few blocks north of the University of Colorado Boulder and within easy walking/biking distance of needed amenities, restaurants, and nightlife. Built-in Tenant Demand! 1843 Arapahoe has been fully occupied and Professionally Managed for decades. Two Pre-leased Units with an excellent rental history, always at current market rates. Student populations and young professionals compete for rentals in this specific grid and this 2-unit home offers a main level 4-bed/2-bath renting for $6175/month plus a separate 1-bed/1-bath unit upstairs, which brings in $1975/mo. Built in 1900, this home comes with Historical Character Protection which preserves your investment from being visually replicated by generic new-construction and maintaining the existing historic neighborhood charm. The home was modernized in 1985 and is well maintained. Direct access to Boulder's amazing transportation (RTD) along Arapahoe makes it easy to be car-free in this location, however there are 2-off street parking spaces for the property. A private, fenced backyard adds to the value and the main unit has 3 entrances, allowing roommate privacy. Why bus or drive when you can walk/bike right out your door? Live the Boulder lifestyle from 1843 Arapahoe or get your foot in the door with this well priced investment home. No HOA!
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Ceiling Fan(s)
Heating: Forced Air
Home Style: Legal Conforming
Lot Size: 0.10 Acres
Roof Type: Composition
Taxes: $7,521
Year Built: 1900
Amenities
Shared Kitchen
Shared Bath
Outside Entry
High Ceilings
Balcony
Feature Descriptions
Appliances: Electric Range, Dishwasher, Refrigerator, Washer, Dryer, All Appliances, Fire Alarm
Days on Site: 3
Electric: Xcel
Exclusions: Tenants personal property in both units
Exterior: Brick, Painted/Stained
Fencing: Partial, Wood
Fireplace Features: None
HOA Y/N: No
Lot Features: Corner Lot, Deciduous Trees, Level, City Limits, Sidewalks, Alley
Parcel Number: R0002053
Patio And Porch: Patio, Deck
Road Frontage: City Street
Sewer: Public Sewer
SQ FT Total: 1879
Tenant Pays: Deposit, Gas, Electricity
Units: 2
Utilities: Natural Gas Available, Electricity Available
Water: City
Window Features: Window Coverings
Local Schools
High School: Boulder
Middle School: Centennial
Elementary School: Flatirons
School District: Boulder Valley Dist RE2
Listed By / Shown By
Listed By
Agency Name: Compass - Boulder
Agency Contact: 9707080384
Shown By
Agent Name: Megan Powell
Agent Phone: Cell: (303) 501-3111
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 8,233.42 per month $7,170.62 Principal & Interest $626.75 Property Tax $436.04 Homeowner's InsuranceChange Payment Information
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1843 Arapahoe Ave, Unit 1 & 2 | MLS# 1067349
This multi-family property located at 1843 Arapahoe Ave, Unit 1 & 2, Boulder, CO 80302 is currently listed for sale with an asking price of $1,495,000. Arapahoe Ave, Unit 1 & 2 is located within the Boulder Valley Dist RE2 school district. Search Boulder real estate on www.meganknowsgj.com today.