2107 3rd Avenue
Longmont, CO 80501
2874 sqft | 0.72 acres | #IR1021650
Description
Welcome to this rare Boulder County Triplex / Multifamily Investment Property. This property is a fully leased/stabilized turnkey asset. Each unit includes two bedrooms, one bath, washer/dryer hookups, and an external storage locker. 2 of the 3 have their own fenced backyards and with a little investment the third could as well. All units are individually metered for utilities (except water). Currently water is an owner/landlord paid line item. Owners have been diligent with their investment. In the last 5 years, they have spent an estimated $50-60k in repairs / upgrades, secured the necessary rental licensing, and have kept up on rental increases/rates (Rent numbers are actual and not projections.) and have enjoyed virtually zero vacancies during their ownership. This property is ideally situated in Longmont close to downtown and to all your daily conveniences (Multiple bus routes, King Soopers, Whole Foods, Home Depot, Target, Left Hand Brewery, St. Vrain Greenway, etc.). The adjacent vacant parcel, 0 3rd Avenue, is also for sale. See MLS #1021657 for more info. Combine these two to add an additional unit and/or detached garages.
Interior Details
- Fireplaces1
Property Details
- Lot DescriptionLevel
Measurements
- Acres0.72
- Square Feet2874
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1956
Utilities / Energy Details
- Utility FeaturesCable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
- Sewer InformationPublic Sewer
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionJones
Location
- School DistrictSt. Vrain Valley RE-1J
- Middle SchoolWestview
- High SchoolLongmont
- Elementary SchoolCentral
- CountyBoulder
Financial Details
- Original List Price$720,000
- Taxes Annual$3,865
Other
- MLS #IR1021650
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Brad Pickels (#RECIRP20826)
Listing Office: Coldwell Banker Realty-Boulder (#RECIRCBRB)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
