Boulder, CO 80302,350 Arapahoe AVE ##10
Boulder, CO 80302,350 Arapahoe AVE ##10
Boulder, CO 80302,350 Arapahoe AVE ##10
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$120,000
Est. payment /mo
2 Beds
1 Bath
851 SqFt

OPEN HOUSE

Sat Feb 22, 12:00pm - 2:00pm

Sun Feb 23, 12:00pm - 2:00pm

UPDATED:

02/21/2025 10:41 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 851 sqft

Price per Sqft $141

Subdivision Flatirons

MLS Listing ID IR1026862

Bedrooms 2

Full Baths 1

Condo Fees $450

HOA Fees $450/mo

HOA Y/N Yes

Abv Grd Liv Area 851

Originating Board recolorado

Year Built 1975

Annual Tax Amount $725

Tax Year 2023

Property Sub-Type Townhouse

Property Description

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.

Location

State CO

County Boulder

Zoning RES

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Fireplace N

Appliance Dryer, Refrigerator, Washer

Exterior

Utilities Available Electricity Available

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Open Space

Water Public

Level or Stories Two

Structure Type Wood Frame

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Re 2

Others

Ownership Individual

Acceptable Financing Cash

Listing Terms Cash

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REColorado (REColorado MLS)
Listed by Porchlight RE Group-Boulder • 3037335335

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agent

Rabecca Ranaldi

+1(719) 426-0949

Broker Associate | License ID: FA 100080855

Broker Associate License ID: FA 100080855

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