$1,600,000
$2,000,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
0.3 Acres Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,600,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision La Vista Estates
MLS Listing ID 1017299
Sold Date 11/01/24
HOA Y/N false
Originating Board IRES MLS
Year Built 1969
Annual Tax Amount $11,102
Lot Size 0.300 Acres
Acres 0.3
Property Description
Exciting investment opportunity in highly sought after Boulder County! Situated in northwest Longmont, this property consists of an approximately 6,804 square foot building with 12 units, ideal for any Multifamily/Low-Rise investor. This two story brick gem was built in 1969 and is zoned R-MF Residential Multi-Family per the City of Longmont. Each one bedroom/one bathroom unit is approximately 600 square feet and there is one assigned parking space per unit. Each unit is serviced by its own hot water heater and there is a common boiler to provide heat for the entire building. Air conditioning is through window air conditioners, owned by the individual tenants. Landlord pays gas and water, and Tenants are responsible for electricity, and any telecommunication/data or television services. A couple units have been completely renovated, while others present a value add opportunity. With its desirable location, just blocks away from McIntosh Lake and many other amenities, this property presents an enticing prospect for those seeking a lucrative investment in the ever-growing real estate market.
Location
State CO
County Boulder
Area Longmont
Zoning R-MF
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Composition
Building
Story 2
Sewer City Sewer
Water City Water, City of Longmont
Level or Stories Bi-Level
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Northridge
Middle Schools Longs Peak
High Schools Longmont
School District St Vrain Dist Re 1J
Others
Senior Community false
Tax ID R0049816
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Non-IRES
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States