Connie Kraska Boulder Real Estate Agent - 720.309.2862
Boulder Condo ManiaMLS: 1026862 $120,000
2 Bedrooms with 1 Bath350 ARAPAHOE AVE #10 BOULDER CO 80302
BOULDER CO 80302MLS: 1026862
Status: ACTIVE
List Price: $120,000
Price per SQFT: $141
Square Footage: 8512 Bedrooms
1 Bath
Year Built: 1975
Zip Code: 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
Community: ARAPAHOE WEST ... Listing 3 of 3
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Condo Mania Agent
Connie Kraska
LIV Sotheby's International Realty
Broker Associate
Phone: 720.309.2862
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Private Owner LISTING CONTRACT DATE: 2025-02-21 BEDROOMS: 2 BATHROOMS FULL: 1 BATHROOMS THREE QUARTER: 0 BATHROOMS HALF: 0 LIVING AREA SQ FT: 851 BUILDING AREA TOTAL: 851 YEAR BUILT: 1975 TAXES: $725 HOA FEES FREQUENCY: Monthly HOA FEES: $520 HOA INCLUDES: Trash, Management, Maintenance Structure, Water/Sewer, Hazard Insurance APPLIANCES INCLUDED: Refrigerator, Washer, Dryer CONSTRUCTION: Wood/Frame COMMUNITY FEATURES: Extra Storage HEATING: Baseboard LOT FEATURES: Abuts Public Open Space # GARAGE SPACES: 2 PROPERTY TYPE: Attached Dwelling PROPERTY SUB TYPE: Attached Dwelling ROOF: Composition LISTING AGENT: PAUL ANSELMO LISTING OFFICE: PORCHLIGHT RE GROUP-BOULDER
Estimated Monthly Payments
List Price: $120,000 20% Down Payment: $24,000 Loan Amount: $96,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $607 Estimate does not include taxes, fees, insurance.
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Property Location: 350 ARAPAHOE AVE #10 BOULDER CO 80302 BOULDER CO 80302
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Condo Mania Agent
Connie Kraska
LIV Sotheby's International Realty
Broker Associate
Phone: 720.309.2862
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Last Updated: 2025-04-18 05:10:45