350 Arapahoe Avenue Unit #10
Boulder, CO 80302
- 2 beds
- 1 bath
- 851 sqft
- $141 per sqft
- 1975 build
- – on site
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.
Last checked:
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Checking…
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Last updated Feb 21, 2025
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MLS# IR1026862 —
Upcoming Open Houses
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Saturday, 2/22
12pm-2pm -
Sunday, 2/23
12pm-2pm
The Building
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Year Built:1975
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Construction Materials:Wood Frame
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Structure Type:Townhouse
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Entry Location:Exterior Access
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Roof:Composition
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Basement:false
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Levels:Two
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Building Area Total:851
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Building Area Source:Assessor
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Above Grade Finished Area:851
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Property Attached:true
Room Dimensions
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Living Area:851
Location
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Latitude:40.01221
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Longitude:-105.29281
The Property
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Property Type:Residential
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Property Subtype:Townhouse
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Parcel Number:R0065978
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Zoning:RES
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Lot Features:Open Space
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Exclusions:Seller's personal property and staging furniture
Listing Agent
- Contact info:
- Agent phone:
- (650) 690-1450
- Office phone:
- (303) 733-5335
Taxes
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Tax Year:2023
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Tax Annual Amount:725
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Tax Legal Description:UNIT 10 ARAPAHOE WEST IMP ONLY FEE ESTATE ON LEASED LAND
Beds
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Bedrooms Total:2
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Upper Level Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Upper Level Baths:1
The Listing
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Virtual Tour URL Unbranded:https://listings.inhousephotos.com/sites/opzpevk/unbranded
Heating & Cooling
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Heating:Baseboard
Utilities
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Utilities:Electricity Available
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Water Source:Public
Appliances
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Appliances:Dryer, Refrigerator, Washer
Schools
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Elementary School:Flatirons
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Elementary School District:Boulder Valley RE 2
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Middle Or Junior School:Manhattan
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High School:Boulder
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High School District:Boulder Valley RE 2
The Community
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Subdivision Name:Flatirons
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Association Amenities:Storage
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Association:true
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Association Name:Boulder HOA
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Association Fee:450
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Association Fee Includes:Insurance, Maintenance Structure, Trash, Water
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Association Fee Total Annual:5400.00
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Association Fee Annual:5400.00
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Association Fee Frequency:Monthly
Parking
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Parking Total:2
Monthly cost estimate
Asking price
$120,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$642
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| Taxes | $60 |
| Insurance | $33 |
| HOA fees | $450 |
| Utilities | $88 See report |
| Total | $1,273/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
