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Colin Whitenack

[email protected] +1(303) 912-5394

$ 720,000

Est. payment -/mo

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2107 3rd AVE Longmont, CO 80501

0.72 Acres Lot

UPDATED:

11/05/2024 10:41 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Jones

MLS Listing ID IR1021650

Style Contemporary

HOA Y/N No

Originating Board recolorado

Year Built 1956

Annual Tax Amount $3,865

Tax Year 2023

Lot Size 0.720 Acres

Acres 0.72

Property 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.

Location

State CO

County Boulder

Zoning RES

Rooms

Basement None

Interior

Heating Forced Air

Cooling Air Conditioning-Room, Ceiling Fan(s)

Fireplaces Number 1

Equipment Satellite Dish

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Fenced, Partial

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

Roof Type Composition

Total Parking Spaces 6

Building

Lot Description Level

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Central

Middle Schools Westview

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

Listed by Coldwell Banker Realty-Boulder • 7208391673

Colin Whitenack

+1(303) 912-5394

Colin Whitenack

2107 3rd AVE Longmont, CO 80501

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2107 3rd AVE