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Boulder Condo ManiaCommunity: ARAPAHOE WEST ... Listing 3 of 3
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MLS: 1026862 $150,000 2 Beds /1 Baths
MLS #: 1026862 Status: ACTIVE List Price: $150,000 Price SQFT: $176 City: BOULDER
Beds: 2 Baths: 1 SqFt: 851 Year: 1975 Zip: 80302
Listing Remarks
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 Land Lease payment due each October. Current land lease $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.
Address: 350 ARAPAHOE AVE #10 BOULDER CO 80302 BOULDER CO 80302
Listing Courtesy of Porchlight RE Group-Boulder 303-733-5335
Listing Photos
Community: ARAPAHOE WEST ... Listing 3 of 3
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Last Updated: 2025-04-29 05:11:01