$725,000
$175K PRICE DROP

Estimated payment $4,370/month

Total Views 6,914
4 Beds
4 Baths
1,868 Sq Ft
$388 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Level Lot
  • Longmont Estates Elementary School Rated A-
  • Baseboard Heating

About This Home

Highly coveted 4plex in Boulder county! This fully occupied multifamily is completely remodeled and ready for new ownership! Each unit inside and out has been renovated from top to bottom with high-end, modern finishes. Bonus brand new sewer line in 2023! Located in one of the most desirable rental markets just outside of Denver metro, is building commands great rental income with very low vacancy rates.

Last Listed By

Luke Angerhofer

Prestigio Real Estate Listed on: 01/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 1980

Lot Details

  • 7,359 Sq Ft Lot
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture
  • Property Attached
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,868 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Longmont Estates Elementary School
  • Westview Middle School
  • Longmont High School

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0072032

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Sunburst Subdivision

Building Details

  • Gross Income $55,008
  • Net Operating Income $48,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,830

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Inclusions: No Units Furnished
  • Year Built: 1980
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: Sunburst
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Legal Conforming
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Roof: Tar/Gravel
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • View: No
  • Waterfront: No
  • Disclosures: No Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Electric: Electric, Longmont
  • Heating: Baseboard
  • Utilities: Electricity Available
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Longmont Estates
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Westview

Lot Info

  • Zoning: Multi-Res
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 7359
  • Parcel #: R0072032
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3830

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Furnished: None
  • Annual Gross Income: 55008
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 6456
  • Total Actual Rent: 4719

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $725,000 -3.3% $388 / Sq Ft
05/02/2025 05/02/25 Price Changed $750,000 -3.2% $401 / Sq Ft
04/24/2025 04/24/25 Price Changed $775,000 -3.1% $415 / Sq Ft
03/31/2025 03/31/25 Price Changed $799,995 -3.0% $428 / Sq Ft
03/03/2025 03/03/25 Price Changed $825,000 -2.9% $442 / Sq Ft
02/25/2025 02/25/25 Price Changed $850,000 -5.6% $455 / Sq Ft
01/24/2025 01/24/25 For Sale $900,000 +71.4% $482 / Sq Ft
04/15/2021 04/15/21 Off Market $525,000 -- --
01/15/2021 01/15/21 Sold $525,000 -2.6% $281 / Sq Ft
05/14/2020 05/14/20 For Sale $539,000 -- $289 / Sq Ft
Source: IRES MLS

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Source: IRES MLS

MLS Number: 1024882

IRES MLS