Longmont, CO 80501,408-410 Atwood ST
Longmont, CO 80501,408-410 Atwood ST
Longmont, CO 80501,408-410 Atwood ST
21
$615,000
$625,000
1.6%
Est.Price: ?

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9,147 Sqft Lot

408-410 Atwood ST Longmont, CO 80501

Est. payment /mo
SOLD DATE : 05/22/2023

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Key Details

Sold Price $615,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Subdivision Longmont Ot

MLS Listing ID IR985755

Year Built 1958

Annual Tax Amount $2,777

Tax Year 2022

Lot Size 9,147 Sqft

Property Description

Wonderful Old Town Longmont location, walkable to all the dining, entertainment and amenities Old Town has to offer. Great Opportunity for an excellent cap rate property, many updates done, needs additional updating. Many improvements over the past 8 years: 5 basement egress windows, new roof & electrical entrance '19, new furnaces '16, 410 unit fully updated '16. Great starter investment or addition to existing portfolio, plenty of sweat equity available here. Images show only the updated unit, other 2 units show their age but are well kept by tenants. Rents Clarification: Current Actual Annual Gross Rents: $38,340; Pro-Forma Annual Gross Rents when Fully Updated: $54,000; Current Pro-Forma Annual Gross Rents: $45,600. Please do not visit, walk, enter the property or disturb current tenants (drive by only is fine). Serious buyers only please.

Location

State CO

County Boulder

Zoning R-SF

Interior

Heating Forced Air

Exterior

Fence Partial

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

Roof Type Composition

Building

Lot Description Flood Zone

Story One

Water Public

Structure Type Wood Frame

Schools

Elementary Schools Columbine

Middle Schools Trail Ridge

High Schools Skyline

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 JPAR Modern Real Estate Co • 3034333158
Bought with Elevate Real Estate

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Robert Hryniewich

Broker Associate | FA039371

+1(303) 564-8900

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