$630,000
$629,500
0.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
4,264 SqFt
SOLD DATE : 12/13/2023
Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,264 sqft
Price per Sqft $147
Subdivision Stoney Ridge
MLS Listing ID 7530401
Sold Date 12/13/23
Style Traditional
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,132
Originating Board recolorado
Year Built 1979
Annual Tax Amount $2,891
Tax Year 2022
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Attention all Investors!!!!! This amazing opportunity in Longmont won't last long! Two identical units in this Duplex with impeccable long-term Rental history! Both units boast 4 bedrooms, 3 bathrooms, woodburning fireplaces, eat-in Kitchens, fully finished Basements, and an attached 1-car garage! New Furnaces installed in both units in 2023! Beautiful updates have been completed in the building over the last two years. Both units have enjoyed long-time renters who have been reliable and good property stewards. Recently, the owners have updated the North side of the Duplex with new flooring, paint, and much more! Currently, the owners are netting $1800 per month per side. This property has much more rental income potential, as average Rental rates in Longmont are over $2K per month! Duplex is sold As-Is. However, the Sellers are installing new gutters and downspouts, and installing some new windows in the basement. This is a wonderful opportunity for seasoned investors or first-time buyers wanting a rental unit to supplement their income. Excellent investment opportunity. Book your showing today!
Location
State CO
County Boulder
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Air Conditioning-Room
Flooring Carpet, Laminate, Tile
Fireplaces Number 2
Fireplaces Type Family Room
Fireplace Y
Appliance Cooktop, Dishwasher, Disposal, Oven, Refrigerator
Laundry In Basement, In Unit
Exterior
Exterior Feature Private Yard, Rain Gutters
Parking Features Concrete
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Connected, Natural Gas Connected, Phone Available
View City
Roof Type Architecural Shingle
Total Parking Spaces 2
Garage Yes
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Alpine
Middle Schools Heritage
High Schools Skyline
School District St. Vrain Valley Re-1J
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Coldwell Banker Realty 18