Gary Collins and Elaine Collins, Realtors, offering the finest homes, townhomes, condos, apartments, office buildings, lots, and land in Boulder County, Colorado

2135 Arapahoe Avenue, Boulder

Well maintained rental property. Fabulous location!

Well maintained rental property. Fabulous Location.
Elementary: WHITTIER
Middle/Jr.: BASELINE
High School: BOULDER
School District: BLDR VALLEY DIST RE2

Lot Size: Approx Acreage:
Electric: Xcel Water: City
Gas: Xcel Taxes\Yr: 1876/2003
PIN: 0003508 Zoning: HZE
Waterfront: No Water Meter Inst: Yes

Total # Units: 2
Total SqFt: 1418
Parking Spaces: 4  
 
Bedrooms    1       2       3   
# Units 1 2
 

Total monthly income $1,825.00
Total annual income $20,781.00
Gross Scheduled Income $21,900.00
Less Vacancy Rate 5%
Vacancy Dollars $1,095.00
Account/Legal $0.00
Advertising $0.00
Insurance $0.00
Property Management $0.00
Personal Property Tax $0.00
Real Estate Tax $1,876.00
Maintenance $2,216.00
Services $0.00
Supplies $199.00
Utilities $2,449.00
Misc. $458.00
Total Operating Expense $8,293.00
Net Operating Income $12,488.00
Cap Rate 2.78    Gross Rent Mult. 20.50

     Units  Beds  Baths  Bsmnt  SqFt  Rent  Parking
1 1 1 1 N 830 2  
2 1 2 1 N 995 2  
MLS#: 430464 PRICE: $449,000
ADDR: 2135 Arapahoe AVE, Boulder, 80302
INCOME PROPERTY SOLD
Locale: BOULDER County: Boulder
Area/SubArea: 1/4 Map Book: B - 18 - D
Subdivision: Culver
Legal: Lot 13 & W 1/2 of 14 Blk 18

YearBuilt: 1905 SqFt Source:
New Const: No    
Builder: Model:
New Const Notes:

Remarks: Well maintained rental property. Fabulous location. One 1 bedroom unit and One 2 bedroom unit each with a full bath. 4 parking space, 1 car detached garage and 3 additional uncovered off-street spaces. Note Zoning. Potential for additional units.

Driving Directions: West on Arapahoe from Folsom to 21st, Right on 21st. 1st right onto alley access.

Property Features
Land Size - <.25 Acre, Style - 2 Story, Construction - Wood/Frame, Roof - Composition Roof, Fences - Partially Fenced, Parking Per Unit - 2 Spaces/Unit, Basement/Foundation - Crawl Space, Heating - Forced Air, Inclusions - Electric Range/Oven, Refrigerator, Design Features - Eat-in Kitchen, Fire Alarm, Utilities - Natural Gas, Electric, Water/Sewer - City Water, City Sewer, Ownership - Private Owner, Occupied By - Vacant not for Rent, Possession - Delivery of Deed, Tenant Pays - Deposit, Gross Scheduled Income Includes - Lease/Rents, Property Disclosures - No Property Disclosure, Lead Paint Disclosure, Flood Plain - 100 Year Flood or A Rating, New Financing - Cash, Conventional,
Contact: Demarie Niedling  Phone: 303-541-1959  Cell: --  Email
Office: Wright Kingdom, Inc.  Phone: 303-443-2240
LO: Wright Kingdom, Inc. Phone: 303-443-2240 LA: Gary Collins

Information deemed reliable but not guaranteed. © IRES, LLC

Wright-Kingdom, Inc.

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Gary Collins, Realtor, selling Boulder's Finest Residential and Commercial Properties. An award winning Top Producing Realtor and Broker/Manager, Gary has been a Real Estate Professional since 1971. He joined Wright-Kingdom as a partner in 2000.