Property courtesy of MARCUS & MILLICHAP INC
  • 12 / 0
  • 64
  • 3393
  • 1972
  • 516
  • 0.28
Active Status Income
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GREAT LOCATION! 100% OCCUPIED! MOUNTAIN VIEWS! LOW PRICE PER ROOM ($154,167/ROOM)! STUDENT RENTAL OPPORTUNITY! PERFECT INVESTMENT PROPERTY! Built in 1972, 454 Arapahoe Ave. is a three-unit apartment building with 12 total bedrooms well-located in Boulder, CO. The triplex consists of a single three-story concrete and stucco building with three 4BD/1.5BA units (1,131SF), for a total of 3,393 RSF. Each unit has a wooden balcony or concrete patio off of the living room and a wood-burning fireplace. There is exterior access to the building and a fenced perimeter around the tree-shaded lot. Nine off-street parking spots are available. There is an on-site laundry to the rear of the property. Property is currently Smart Regs compliant. There is additional upside by increasing rent through renovating the units and adding two additional bathrooms per unit. Seller has initiated renovation approval process with the city. Plans associated with this addition will be conveyed at Closing.

Address: 454 Arapahoe Avenue
State: CO
City: Boulder
County: Boulder
Zip Code: 80302
Neighborhood: Mountain View
MLS#: 3706791
MLS Area:
Taxes: $7,491

Price History

Date Price Event Change MLS#:
6/20/2019 $1,750,000 List Price -5.41% 3706791
5/15/2019 $1,850,000 List Price 3706791

Nearby Schools

Flatirons Elementary School(Preschool-5)
Mapleton Early Childhood Center(Preschool-Preschool)
Sacred Heart Of Jesus School(Preschool-8)3
University Hill Elementary School(Preschool-5)
Whittier Elementary School(K-5)
Justice High Charter School(6-12)5
Sacred Heart Of Jesus School(Preschool-8)3
Casey Middle School(6-8)3
Watershed School(6-12)5
Justice High Charter School(6-12)5
Boulder High School(9-12)4
September School(9-12)
Watershed School(6-12)5

Interior Details

  • Appliances:Dishwasher, Disposal, Refrigerator (Kitchen), Stove/Range/Oven
  • Features:Cable Available, Eating Space / Kitchen, Internet Access (Wired)
  • Furnished:
  • Floor Type:Carpet, Tile Floor, Plank Vinyl
  • Cooling:Other
  • Heating:Forced Air
  • Basement Details:Garden Level
  • Fuel:Gas,Wood
  • Other Rooms:

Exterior Details

  • Home Construction
  • Features:Balcony, Fence, Patio, Yard
  • Exposure:
  • Roof Type:Unknown
  • Garage Spaces:
  • Pool:No
  • Utilities:
  • Lot Description:
  • Parking:Driveway-Concrete
  • View:Mountain View
  • Exterior:Concrete

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0

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Property Information Last Updated: 12/29/2017 4:41:32 PM
Property listed by MARCUS & MILLICHAP INC


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