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Joseph Newman

joseph@thecoloradobroker.com +1(720) 841-7010

$1,495,000

Est. payment - /mo

4,277 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision T Js 1843 Sub

MLS Listing ID IR1067349

HOA Y/N No

Year Built 1900

Lot Size 4,277 Sqft

Acres 0.1

Property Sub-Type Duplex

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!

Location

State CO

County Boulder

Zoning Multi

Rooms

Basement None

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Fence Fenced, Partial

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description Public

Roof Type Composition

Porch Deck, Patio

Private Pool No

Building

Lot Description Corner Lot, Flood Zone, Level

Story One, Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: Boulder Valley Re 2, High: Boulder Valley Re 2

Others

Tax ID R0002053

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Listed byCompass - Boulder

Nearby School & Business

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Joseph Newman

+1(720) 841-7010

The Colorado Broker License ID: 069025

1843 Arapahoe AVE Boulder, CO 80302

Joseph Newman

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information