• MLS® #: 3706791
  • 454 Arapahoe Avenue
  • Boulder, CO 80302
  • $1,850,000
  • 12 Beds, 6 Bath, 3393 SqFt, 0.28 Acres
  • Income
  • Office: Marcus & Millichap Inc

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.

Key Information

  • MLS® #3706791
  • Price$1,850,000
  • Bedrooms12
  • Bathrooms6.00
  • Square Footage3,393
  • Acres0.28
  • Year Built1972
  • TypeIncome
  • Sub-TypeIncome
  • StyleMulti-Story
  • StatusActive
  • Approx. Price Per SqFt$545
  • Days on Website6

Community Information

  • Address454 Arapahoe Avenue
  • SubdivisionMountain View
  • CityBoulder
  • CountyBoulder
  • StateCO
  • Zip Code80302

Amenities

  • Parking Spaces9
  • ParkingOff-Street
  • ViewMountain View

Interior

  • HeatingForced Air
  • CoolingOther

Interior Features

Cable Available, Eating Space / Kitchen, Internet Access (Wired)

Appliances

Disposal, Dishwasher, Refrigerator (Kitchen), Stove/Range/Oven

Exterior

  • Exterior FeaturesBalcony, Fence, Patio, Yard
  • Lot Description12138.00
  • RoofUnknown
  • ConstructionConcrete

School Information

  • DistrictBoulder RE-2

Additional Information

  • Days on Website6
  • ZoningRES

454 Arapahoe Avenue, Boulder, CO

Property Location

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Listing information last updated on May 21st, 2019 at 2:34pm MDT.