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1839 Arapahoe Avenue, Boulder, Colorado

$910,0005 Beds3 BathsActive

1839 Arapahoe Avenue, Boulder, Colorado 80302
MICHAEL DWYER - MLS® ID: 2675444

Property Details

1839 Arapahoe Avenue, Boulder, Colorado 80302 - Legal 3 unit apartment building. Live in one and rent the other two. Owner occupied financing available, 3% FHA or 5% conventional down payment. Talk with your mortgage broker. Use the income from the other two to allow you to qualify to a higher purchase price. Best location in Boulder, between Pearl Street and Colorado University. Walk to Pearl Street. Walk to CU. Two bedroom apartment in the front. Two bedroom apartment in the back. Studio apartment on the second floor. Each apartment has its own private exterior entrance. Rents are well below market rate. Market rate for 2 bedroom is $1699 and $1250 for a studio. 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. We believe the finished basement square foot is not included in the 1490 sq ft from public records.

Amenities

  • Zip80302
  • CountyBoulder
  • SQFT1680
  • Bedrooms5
  • Full baths3
  • StatusActive
  • Purchase TypeActive
  • Property typeSingle Family
  • Zoning typeAO
  • School districtBoulder Valley RE 2
  • Elementary schoolWhittier Int'l
  • Junior highCasey
  • High schoolBoulder
  • Year built1900
  • Lot size0.09
  • HeatingFORCED AIR
  • CoolingNone
  • Parking6
  • Tax amount3837.00
  • Tax year2016
  • Office ID10486
  • Agent ID011792
  • Agent nameMichael Dwyer
  • MLS® ID2675444

Broker: MICHAEL DWYER

Listing Courtesy of MICHAEL DWYER

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“Bob Maiocco exceeded our expectations on every level. Not only does Bob have a very solid knowledge of the real estate market, his negotiating skills are second to none. Bob has a calm and even demeanor when dealing with sometimes stressful situations that can arise when buying or selling real estate. We could not have asked for a more strategic partner to help us navigate the process of making our largest financial purchase.”

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