964 Arapahoe Ave Unit 3, Boulder, CO 80302

$824,999
4
BD
2
BA
1,189
SqFt
List Price
$824,999
Status
ACTIVE
MLS#
895114
Price Change
▲ $99 1571262571
Days on Market
27
Bedrooms
4
Bathrooms
2
Living Area
1,189
Lot Size
10,890

Property Description

Turn-Key investor opportunity rented through August 2020. HOA includes everything: Flood Insurance (lender required, $1000 annual savings), studs-out property insurance, heat, water, trash, recycling, snow removal, landscaping, & all exterior maintenance. Current 4.6% cap rate; 5% with anticipated 2020 rents. Renovations include stainless appliances, maple cabinets, bamboo floors, new tile in bathrooms and a gas fireplace. Tenants love the giant wrap around deck and mountain views!

Additional Information

Garage Type
Carport
Lot Size
10,890
Capitalization Rate
4.96
Year Built
1973
Elementary School
Flatirons
Lot Improvements
Street Paved, Curbs, Sidewalks
Zoning
res
New Financing
Cash, Conventional
Utilities
Natural Gas, Electric, Cable TV Available, High Speed Avail
Basement Foundation
No Basement
Approximate Acreage
0.25
Hoa Fee Amount
$633
Middle School
Manhattan
Locale
Boulder
High School
Boulder
Outdoor Features
Deck
Unit Ones Numberof Bedrooms
4
Inclusions
Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer
Main Floor Square Feet
1189
Design Features
Open Floor Plan
Fireplaces
Gas Fireplace
Hoa Fee Frequency Code
Monthly
Property Styles
1 Story/Ranch
Garage Spaces
1
Association Fee Includes
Common Amenities, Trash, Snow Removal, Lawn Care, Management, Common Utilities, Exterior Maintenance
Common Amenities
Extra Storage
Heating
Hot Water
Road Access
City Street
Style
1 Story/Ranch
Subdivision
Rittenhouse Condominiums
Unit
3
Listing Type Id
Attached Dwelling
School District
Boulder Valley Dist RE2
Gross Operating Income
52800.0000
Construction
Wood/Frame
Net Operating Income
$40,979
Total Operating Expense
11821.0000
Ownership
Private Owner
Taxes
$4,224
Property Views
Foothills View
Parking Per Unit
1 Space/Unit
Tenant Pays
Deposit, Electric
Total Numberof Units
1
Master Bedroom Length
11
Master Bedroom Width
12
Kitchen Length
8
Kitchen Width
10

Listing courtesy of Folsom & Co. Real Estate.

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