Longmont, CO 80501,121 Reed PL #Units A&B
Longmont, CO 80501,121 Reed PL #Units A&B
Longmont, CO 80501,121 Reed PL #Units A&B
12
$585,000
$599,000
2.3%
Est.Price: ?

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10,018 Sqft Lot

121 Reed PL #Units A&B Longmont, CO 80501

Est. payment /mo
SOLD DATE : 01/09/2023

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Key Details

Sold Price $585,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision East Old Town Longmont

MLS Listing ID IR978702

Year Built 1977

Annual Tax Amount $2,067

Tax Year 2022

Lot Size 10,018 Sqft

Property Description

This is your next money maker. Duplex with solid construction located on large lot with off-street parking on a quiet culdesac in central Longmont. Property is immediately adjacent to Kensington Park where tenants can enjoy the trails and nearby children's playground along the Spring Gulch Trail. Newer windows and roof. Needs new paint and carpet and some interior upgrades to make this a profitable rental for years to come. Two three-bedroom, one-bath units with laundry. Ideal for 1031 Exchange. Located in Longmont's Opportunity Zone, providing possible tax incentives. Accepting back-up offers.

Location

State CO

County Boulder

Zoning RES

Interior

Heating Heat Pump

Cooling Central Air

Fireplaces Type Free Standing

Exterior

Fence Partial

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

View City

Roof Type Composition

Building

Lot Description Cul-De-Sac, Flood Zone, Level

Story Split Entry (Bi-Level)

Water Public

Structure Type Wood Frame

Schools

Elementary Schools Columbine

Middle Schools Trail Ridge

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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REColorado (REColorado MLS)
Listed by The Colorado Group • 3034492131
Bought with Homestead Real Estate, LLC

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Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

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