$650,000
COMING SOON

Estimated payment $3,876/month

Total Views 3,628
6 Beds
3 Baths
2,389 Sq Ft
9,148 Sq Ft Lot

Highlights

  • Wood Flooring
  • Double Oven
  • 1-Story Property
  • No HOA
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

Don't miss this rare opportunity to own a proven-performing, high-demand duplex with loyal tenants, strong rental history, and immediate income upside - perfect for hands-off investors seeking reliable cash flow AT OVER A 6-CAP!! Both units are leased to long-term tenants: one on Section 8 ($2,000/mo, through Dec 2026), the other at $2,150/mo (through Nov 2026). The detached four-car garage adds additional value and even more income upside. Only one single-bay is included with 1436. A separate tenant rents the double-bay rented separately for $250/mo. The final single bay is currently used by the sellers but will be delivered vacant at closing for instant income potential or additional tenant perks. Both tenants want to renew at the end of their current leases, have a strong track record of on-time payments, and take excellent care of their units. Vacancy has been virtually nonexistent for years, and when past tenants have vacated, the Sellers have always found new tenants quickly, underscoring the property's appeal and strong local demand. Interiors are dated, presenting a straightforward value-add opportunity: cosmetic updates can boost rents and long-term returns. Key systems and appliances are believed older but functional, with no major issues reported. Stable income, low vacancy risk, and clear upside make this an ideal portfolio addition. **The Punchline: Turnkey income, loyal tenants, and untapped upside-all in one package at a Cap Rate of over 6.25!! Reach out today for rent roll and financials. The numbers speak for themselves!

Listing Agent

Stuart Galvis

KW Realty Downtown, LLC Brokerage Phone: 7204414815 License #100000752

KW Realty Downtown, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,553

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,389 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Mountain View Elementary School
  • Longs Peak Middle School
  • Longmont High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R0043456

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Longmont Land Co 1 Subdivision

Building Details

  • Gross Income $52,800
  • Net Operating Income $41,447

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,553

Year Built

Built in 1962

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1962
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.21
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Longmont Land Co 1
  • Unit Levels: One
  • New Construction: No
  • Structure Type: Duplex
  • Attribution Contact: 7204414815
  • IRE_AssociationFeeYN: No
  • IRE_HasWaterRights: No
  • IRE_TotalSqFt: 2389
  • IRE_NewConstructionStatus: Not New, Previously Owned
  • IRE_AssociationFee2YN: No
  • Special Features: ComingSoon

Interior Features

  • Possible Use: Multi-Family
  • Appliances: Electric Range, Double Oven, Refrigerator, Washer, Dryer
  • Has Basement: Crawl Space
  • Total Bedrooms: 6
  • Flooring: Wood
  • Interior Amenities: Eat-in Kitchen, Separate Dining Room, Washer/Dryer Hookup

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link
  • Lot Features: House Faces South, Paved, Gutters, Sidewalks, Street Light
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure, Lead Paint
  • Construction Type: Brick
  • Exterior Features: Sprinkler System

Garage/Parking

  • Total Parking Spaces: 5

Utilities

  • Cooling: Central Air
  • Electric: Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity
  • Sewer: Public Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Mountain View
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Longs Peak

Lot Info

  • Zoning: R3
  • Land Lease Amount Frequency: Year Lease
  • Parcel #: R0043456
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3553

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 52800

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 -- $36,828 $7,024 $29,804
2025 -- $36,828 $7,024 $29,804
2024 $3,130 $33,850 $6,456 $27,394
2023 $3,130 $33,172 $7,189 $29,668
2022 $2,606 $26,337 $5,175 $21,162
2021 $2,698 $27,692 $5,441 $22,251
2020 $2,299 $23,667 $4,719 $18,948
2019 $2,263 $23,667 $4,719 $18,948
2018 $1,976 $20,801 $4,248 $16,553
2017 $1,949 $22,996 $4,696 $18,300
2016 $1,882 $19,685 $5,811 $13,874
2015 $1,793 $16,637 $5,254 $11,383
2014 $1,554 $16,637 $5,254 $11,383
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $263,500 --
Deed -- --
Warranty Deed $125,000 --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $254,079 FHA
Source: Public Records

Source: IRES MLS

MLS Number: IRE1066237

IRES MLS
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