#IR1025467, Patrick Brown, Listing Office: Compass - Boulder
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350 Arapahoe Ave # 10 Boulder, CO 80302
Property details
About 350 Arapahoe Ave # 10
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.
Highlights
Summary
- MLS Number: IR1026862
- MLS Name: RECOLORADO
- Office Name: Porchlight RE Group-Boulder, Porchlight Real Estate Group
- Office Phone: (303) 733-5335
- Listing Agent: Paul Anselmo
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 2/22/2025, 12:12:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$120,000
350 Arapahoe Ave # 10
$1,425
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
7
Flatirons Elementary School
Public District KG-5
0.5 mi
•1150 7th St
5
University Hill Elementary School
Public District PK-5
1.2 mi
•956 16th St
5
Whittier International Elementary School
Public District KG-5
1.4 mi
•2008 Pine St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,250. Residents of Boulder, CO typically earn less than $<35k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 350 Arapahoe Ave # 10
This home is located at 350 Arapahoe Ave # 10 in Boulder, CO and zip code 80302 in the West Boulder neighborhood. This 851 square foot home was built in 1975. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $120,000.
Over 2 listings were sold over their listed price in January 2025 in Boulder, CO. In the same period over 52 listings were sold below the listed price and 14 listings were sold for the listed price. In January 2025 in Boulder, CO there were 11.8% more homes for sale than in December. Listings spent 82 days on the market in January 2025, and had a median list price of $983,778 during the same period.