Boulder, CO 80302 350 Arapahoe Ave # 17

Investors open to unique access to a lock and leave home in the heart of Boulder. Whether looking for a primary or second home, this opportunity comes with the possibilityof short term rentals, 2 parking spots, tax deductible lease payments and future potential to purchase the land. Talk with your tax advisor about redeemable ground rent on the annual land lease. Last year's October payment was $36,746, currently equivalentto interest payments on a roughly $600,000 loan.Nestled at the foot of Flagstaff Mountain sits an intimate townhouse style condo. It is the perfect place to arrive, as you ascend from the Boulder Creek Path to this centralized community. This nest is tucked away from the road creating a peaceful & natural setting which feels like treehouse living much of the year. As you slide open the glass door you're greeted with an open floor plan & an updated kitchen extending through to the porch creating an ideal gathering space. Thoughtful design touches like built in speakers, recessed & dimmable lighting, 2-story stacked windows, up/down blinds, built-ins and the added half bath make the main floor ideal for relaxing & entertaining. Up the stairs you'll find the primary bedroom w/ views of Red Rocks Trail's impressive rock formations, a marble tiled bath with a luxurious jetted tub for additional relaxation, a laundry closet & a ready to craft versatile space, currently used as a second bedroom. When you're ready to explore, step outside for hiking, biking, tubing the creek &/or enjoy the shops and restaurants of Pearl St Mall. Do about anything Boulder has to offer with ease from this AirBnb hot spot (Sundance 01/27). Boulder draws people in from all over the world and unit 17 is at the heart of Boulder's appeal, near Eben G Fine and Settlers Park. Folsom Field is down B.C.Path, an easy connection attracting Buff alumni, parents & visitors alike. All venues and attractions are a Hop, Skip or Jump away.