NOT LISTED FOR SALE
3 Beds
3 Baths
6,610 Sq Ft
0.33 Acres

Last Sold June 17, 2024

Last sale price $1,800,000 $272 Per Sq Ft

93 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 1-Story Property
  • Brick Veneer
  • High Speed Internet

About This Home

As of June 2024

Rare opportunity to purchase 9-unit multifamily investment property in Longmont Old Town. 4 units-1 bed/1 bath; 5 units-2 bed/2 bath. Fantastic location; close to downtown shops, restaurants & fun activities. Zero to minimal vacancy history. Easy to rent and highly sought after. Each unit has it's own furnace, water heater, gas/electric meter, W/D hookup, woodburning fireplace. New roof & gutters 2023. Well maintained. Convenient access to Hwys 287 & 119.

Last Agent to Sell the Property

Diane Clark

CSI Properties Listed on: 03/16/2024

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,767

Year Built

  • Built in 1983

Lot Details

  • 0.33 Acre Lot
  • Sprinkler System

Home Design

  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 6,610 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Window Treatments
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Schools

  • Columbine Elementary School
  • Trail Ridge Middle School
  • Skyline High School

Utilities

  • Forced Air Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, trash collection
  • Assessor Parcel Number R0042037

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • Longmont Old Town Subdivision

Building Details

  • Gross Income $169,200
  • Net Operating Income $147,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,767

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Year Built: 1983
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.33
  • Subdivision Name: Longmont Old Town
  • Architectural Style: Ranch
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6610
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Lot Features: Lawn Sprinkler System
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Separate Meter Electricity, City of Lgmt
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available, Cable Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Lgmt
  • Gas Company: Natural Gas, Separate Meter Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Columbine
  • HighSchool: Skyline
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Trail Ridge

Lot Info

  • Zoning: Multi Fam
  • Lot Size Sq Ft: 14528
  • Parcel #: R0042037
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9767

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 169200
  • Annual Operating Expense: 21514

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
06/17/2024 06/17/24 Sold $1,800,000 0.0% $272 / Sq Ft
03/16/2024 03/16/24 For Sale $1,800,000 -- $272 / 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: 1005203

IRES MLS

APN: 1315-03-4-12-006