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Linette Nye Schmidt

linette@exitsilverthread.com +1(719) 588-1636

$ 2,000,000

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Active Under Contract

45 Denver WAY Longmont, CO 80503

0.3 Acres Lot

UPDATED:

09/12/2024 10:01 PM

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision La Vista Estates

MLS Listing ID IR1017299

HOA Y/N No

Originating Board recolorado

Year Built 1969

Annual Tax Amount $11,102

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

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

Rooms

Basement None

Interior

Heating Forced Air

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Building

Story Split Entry (Bi-Level)

Sewer Public Sewer

Water Public

Level or Stories Split Entry (Bi-Level)

Structure Type Brick

Schools

Elementary Schools Northridge

Middle Schools Longs Peak

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RE/MAX Elevate • 3037722222

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

Linette Nye Schmidt

45 Denver WAY Longmont, CO 80503

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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45 Denver WAY