NOT LISTED FOR SALE
8 Beds
4 Baths
3,212 Sq Ft
10,652 Sq Ft Lot

Last Sold May 09, 2023

Last sale price $760,000 $237 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Property is near a bus stop
  • Niwot High School Rated A
  • Air Conditioning
  • Forced Air Heating System

About This Home

As of May 2023

OPEN HOUSE-Friday, April 21st 10:00 am-1:00pm. Great 4-PLEX investment opportunity in south Longmont. Close to restaurants, shopping, and bus. Walking distance to Longmont Rec Center and park with pool. Solid rental history. All tenants on month to month leases w/ potential to improve cash flow. Owner pays water/sewer. Tenants pays gas/electric/trash. Each unit has 50 gallon water heater, pilotless furnace, washer/dryer hookups, small patio and backyard. Roof re-coated Oct 2022. Photos were taken prior to each unit being rented. **Please read Broker comments**

Last Agent to Sell the Property

Diane Clark

CSI Properties Listed on: 04/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,250

Year Built

  • Built in 1971

Lot Details

  • 10,652

Home Design

  • Wood Frame Construction
  • Flat Tile Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Storm Doors
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Burlington Elementary School
  • Sunset Middle School
  • Niwot High School

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • 10,652 Sq Ft Lot
  • Property is near a bus stop

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0049027

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Southmoor Park 2 Replat Subdivision

Building Details

  • Gross Income $60,000
  • Net Operating Income $50,736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,250

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Subdivision Name: Southmoor Park 2 Replat
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3212
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Near Bus
  • Has Basement: None
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Interior Amenities: Eat-in Kitchen
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Flat
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, Separate Meter Electricity, City of Lgmt
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Burlington
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: Multi Fam
  • Lot Size Sq Ft: 10652
  • Parcel #: R0049027
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4250

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 60000
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 9264

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
05/09/2023 05/09/23 Sold $760,000 -7.3% $237 / Sq Ft
04/19/2023 04/19/23 For Sale $820,000 -- $255 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 985393

IRES MLS

APN: 1315-15-2-02-020