Homes for sale - 350 Arapahoe Ave #6, Boulder, CO 80302

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Jan

Thu

Jan

Fri

Jan

Alissa Rhoades

arhoadeshome@gmail.com +1(970) 646-1925

$ 235,000

Est. payment | -/mo

2 Beds

2 Baths

851 SqFt

Save

$ 235,000

Est. payment | -/mo

Save

2 Beds

2 Baths

851 SqFt

Key Details

Property Type Townhouse

Sub Type Attached Dwelling

Listing Status Active

Purchase Type For Sale

Square Footage 851 sqft

Subdivision Arapahoe West Condos

MLS Listing ID 1023681

Bedrooms 2

Half Baths 1

Three Quarter Bath 1

HOA Fees $450/mo

HOA Y/N true

Abv Grd Liv Area 851

Originating Board IRES MLS

Year Built 1975

Annual Tax Amount $711

Property Description

Discover an exceptional investment opportunity at a competitive price point in the heart of Boulder. Ideal for a variety of uses - including an investment property, second homes or student housing - this residence marries affordability with the coveted Boulder lifestyle. The home offers two parking spaces, backs to serene open space, offering a tranquil setting paired with modern amenities. Hardwood floors grace the main level, which features a remodeled kitchen with sleek Corian counters, a cozy wood-burning fireplace and a convenient powder room. Upstairs, the primary bedroom boasts a private balcony overlooking open space, while a beautifully remodeled bathroom with a skylight adds charm. A finished attic with built-in shelves and another skylight provides versatile storage or creative space. This property's affordability is due to a land lease making it ideal for buyers seeking to maximize value. With Airbnb allowed, this condo offers incredible income potential and lifestyle flexibility. Financing Options: Cash or portfolio loan.The property is situated on leased land, with annual payments due each October. The owner has the option to purchase the land at its appraised value after 2037. The lease may qualify as "redeemable ground rent" for tax deduction purposes; please consult your accountant for guidance.In 2024, the land was appraised adjusting the lease to $35,791.11. The lease amount adjusts annually based on the Consumer Price Index (CPI) and is reappraised every five years.At closing, the prorated portion of the lease payment will be credited to the seller and debited to the buyer. HOA dues include water, trash, heating, exterior maintenance, and hazard insurance. Electric and gas are billed separately.

Location

State CO

County Boulder

Community Hiking/Biking Trails

Area Boulder

Zoning RES

Direction From Broadway, head west on Arapahoe and turn left into the parking lot just past 4th Street. Continue straight to the southernmost parking area. Unit 6 is in the building adjacent to the open space.

Rooms

Other Rooms Storage

Basement None

Primary Bedroom Level Upper

Master Bedroom 12x12

Bedroom 2 Upper 11x11

Kitchen Wood Floor

Interior

Interior Features Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan

Heating Baseboard

Flooring Wood Floors

Fireplaces Type Living Room

Fireplace true

Window Features Skylight(s),Double Pane Windows

Appliance Electric Range/Oven, Dishwasher, Refrigerator

Laundry Main Level

Exterior

Exterior Feature Balcony, Land Lease

Garage Spaces 2.0

Fence Partial, Wood

Community Features Hiking/Biking Trails

Utilities Available Natural Gas Available, Electricity Available, Other, Cable Available

View Foothills View

Roof Type Composition

Porch Deck

Building

Lot Description Abuts Public Open Space

Faces North

Story 2

Sewer City Sewer

Water City Water, Boulder Water

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Flatirons

Middle Schools Manhattan

High Schools Boulder

School District Boulder Valley Dist Re2

Others

HOA Fee Include Common Amenities,Trash,Snow Removal,Management,Utilities,Maintenance Structure,Water/Sewer

Senior Community false

Tax ID R0065974

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by milehimodern - Boulder • 7203238460

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(970) 646-1925

arhoadeshome@gmail.com

Learn More About LPT Realty