Unbeatable Rental Location! An investment opportunity in the popular Goss/Grove neighborhood, only a few blocks north of the University of Colorado Boulder and within easy walking/biking distance of needed amenities, restaurants, and nightlife. Built-in Tenant Demand! 1843 Arapahoe has been fully occupied and Professionally Managed for decades. Two Pre-leased Units… Read More with an excellent rental history, always at current market rates. Student populations and young professionals compete for rentals in this specific grid and this 2-unit home offers a main level 4-bed/2-bath renting for $6175/month plus a separate 1-bed/1-bath unit upstairs, which brings in $1975/mo. Built in 1900, this home comes with Historical Character Protection which preserves your investment from being visually replicated by generic new-construction and maintaining the existing historic neighborhood charm. The home was modernized in 1985 and is well maintained. Direct access to Boulder's amazing transportation (RTD) along Arapahoe makes it easy to be car-free in this location, however there are 2-off street parking spaces for the property. A private, fenced backyard adds to the value and the main unit has 3 entrances, allowing roommate privacy. Why bus or drive when you can walk/bike right out your door? Live the Boulder lifestyle from 1843 Arapahoe or get your foot in the door with this well priced investment home. No HOA! Read Less
Courtesy of Compass - Boulder 9707080384
Listing Snapshot
Days Online
67
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1900
MLS Number
IR1067349
Additional Details
Property Access
Frontage Type: Public, Road Surface: Alley Paved
Appliances & Equipment
Dishwasher, Dryer, Oven, Refrigerator, Washer
Building
Built in 1900, Levels: One, Two, Entry location: Exterior Access, Construction Materials: Brick
Cooling
Ceiling Fan(s)
Expenses
Operating: $33,143
Exterior Features
Patio/Porch Features: Deck, Patio, Balcony
Fence
Fenced, Partial
Heating
Forced Air
Income
Gross Income: $8,150, Net Operating Income: $59,089, Rent Only
Lot
0.1 acres, Corner Lot, Flood Zone, Level, Wooded
Parking
2 total parking spaces
Roof
Composition
Security Features
Smoke Detector(s)
Sewer
Public Sewer
Taxes
Parcel Number: R0002053, Annual Amount: $7,521, Legal Description: LOT 1 T J'S 1843 SUBDIVISION, Year: 2025, Zoning: Multi
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Water Source: Public
Windows
Window Coverings
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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