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Longmont,CO 80503
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision La Vista Estates
MLS Listing ID IR1017299
Year Built 1969
Annual Tax Amount $11,102
Tax Year 2023
Lot Size 0.300 Acres
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
Zoning R-MF
Interior
Heating Forced Air
Exterior
Utilities Available Electricity Available,Natural Gas Available
Roof Type Composition
Building
Story Split Entry (Bi-Level)
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Northridge
Middle Schools Longs Peak
High Schools Longmont
School District St. Vrain Valley Re-1J
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional