Metro Denver Luxury Homes For Sale

Property Description

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 payment due each October. Appraised at $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.

Features
: Baseboard
: Crawl Space
: 2
: Dryer, Refrigerator, Washer
: Storage
: Composition
Address Map
CO
Boulder
Boulder
80302
Arapahoe
350
Avenue
W106° 42' 25.9''
N40° 0' 44''
Additional Information
$450
Monthly
: Insurance, Trash, Water, Maintenance Structure
: Wood Frame
Flatirons
Boulder
Yes
Yes
Cash
: Open Space
Manhattan
Porchlight RE Group-Boulder
R0065978
: Townhouse
Flatirons
$725
2023
: Electricity Available
RES
02/21/2025
851
Active
Yes
IRP03871
IR0PLRE
Boulder Valley RE 2
Boulder Valley RE 2
03/13/2025
1
02/21/2025
#10
Public
: Two

Flatirons

350 Arapahoe Avenue, Boulder, CO 80302

2 Bedrooms
1 Total Baths
851 Square Feet
$120,000
Listing ID #IR1026862
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : IR1026862
Price : $120,000
Bedrooms : 2
Rooms : 6
Total Baths : 1
Full Bathrooms : 1
Square Footage : 851 Square Feet
Year Built : 1975
Property Sub Type : Townhouse
Status : Active
Co List Agent Full Name : Michele Newman
Co List Office Name : Porchlight Real Estate Group
Originating System Name : REcolorado
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