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  • $790,000

    964 Arapahoe Ave UNIT 3, Boulder, CO 80302

    4beds
    2baths
    1,189sqft
    Attached Dwelling, Multi Family
    Built in 1973
    -- sqft lot
    $818,500 Zestimate®
    $664/sqft
    $792/mo HOA

    What's special

    Turn-Key investor opportunity in unbeatable location 3 blocks from Pearl, 5 blocks from the heart of the Hill & campus, and across the street from the brand new civic area park with access to the Boulder Creek Path. Four bedrooms, two baths, giant wrap-around deck, one off-street covered parking space, exterior storage closet, bamboo floors, washer & dryer, dishwasher, slide-in gas range, stainless steel fridge, gas fireplace, and mountain views! Rented through Aug '23. Unit is never vacant as it's easy to pre-lease ~9 months before the start of each school year. Zoned RH-2, Legal for 4 unrelated. HOA includes everything: Flood Insurance, studs-out property insurance, heat, water, trash, recycling, snow removal, landscaping, & all exterior maintenance. Current 4.8% cap rate; Buyer can easily bump rates for '23-24 school year. Seller is a broker licensed in the State of Colorado.

    Zillow last checked: 7 hours ago

    Listing updated: August 01, 2024 at 08:46pm

    Listed by:

    Michael Lane 303-819-6010,

    Equity Colorado-Front Range

    Bought with:

    Non-Ires Agent

    Non-IRES

    Source: IRES,MLS#: 977796MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Hot Water
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Gas Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
    Features
    • High Speed Internet, Open Floorplan, Open Floor Plan
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,189
    • Total interior livable area: 1,189 sqft

    Property

    Parking
    • Details: Parking Per Unit(1 Space/Unit)
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Fencing: Wood
    Lot
    • Size: 0.25 Acres
    • Features: Curbs, Gutters, Sidewalks
    Details
    • Parcel number: R0510887
    • Zoning: RH-2
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Attached Dwelling, Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood/Frame
    • Roof: Composition
    Condition
    • Not New, Previously Owned
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Electric: Electric, Xcel
    • Gas: Natural Gas, Xcel
    • Sewer: City Sewer
    • Water: City Water, City of Boulder
    • Utilities for property: Natural Gas Available, Electricity Available, Cable Available

    Community & neighborhood

    Community
    • Community features: Extra Storage
    Location
    • Region: Boulder
    • Subdivision: Rittenhouse Condominiums

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $792 monthly
    • Services included: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
    Other financial information
    • Total actual rent: 4430

    Other

    Other facts
    • Income includes: Lease/Rents
    • Listing terms: Cash,Conventional
    • Road surface type: Paved, Asphalt
    Services availability
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