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1080 17th Ave , 1,2,3

Longmont, CO 80501
  • $875,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 1018687
UPDATED: 13 min ago
$875,000
  • 7
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,186
    SQFT
  • $275
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Introducing this exceptional Tri-Plex, a rare investment opportunity that combines steady income with potential for growth. This property has been under the same ownership for the past 14 years, reflecting its strong rental history and careful maintenance. The lower level of the Tri-Plex is spacious, offering 1,593 square feet of living space with three bedrooms and two bathrooms. The upper two units each provide 796 square feet, featuring two bedrooms and one bathroom. Seven off-street parking spaces are available, ensuring convenience for tenants. The fenced backyard adds privacy and a welcoming outdoor space for residents to enjoy. This property has been meticulously cared for, making it a turnkey investment.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-12T12:41:28.38.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1080 17th Ave , 1,2,3 Longmont, CO 80501

  • Price: $875,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 13 min ago
  • MLS #: 1018687
7
Beds
4
Baths
0
½ Baths
0.18
Acres
3,186
SQFT
$275
$/SQFT
1969
Built
Neighborhood:
Yeager Garden Acres 5
County:
Boulder
Area:
04 Longmont City Limits
Elementary School:
Northridge
Middle School:
Longs Peak
High School:
Longmont
School District:
ST Vrain Dist RE 1J
Property Description
Introducing this exceptional Tri-Plex, a rare investment opportunity that combines steady income with potential for growth. This property has been under the same ownership for the past 14 years, reflecting its strong rental history and careful maintenance. The lower level of the Tri-Plex is spacious, offering 1,593 square feet of living space with three bedrooms and two bathrooms. The upper two units each provide 796 square feet, featuring two bedrooms and one bathroom. Seven off-street parking spaces are available, ensuring convenience for tenants. The fenced backyard adds privacy and a welcoming outdoor space for residents to enjoy. This property has been meticulously cared for, making it a turnkey investment.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Balcony Fencing Fenced Horse YN No Levels Two Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Patio Property Attached YN Yes Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowave Basement None Cooling Ceiling Fan(s) Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features Eat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Est Sq Ft 1593 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Est Sq Ft 796 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 797 Unit3 Total Baths 1

Property Features

Association Fee Includes Maintenance Grounds Association YN No Cap Rate 6.49 Community Features Indoor Pool Ditches Active YN No Electric Electric Exclusions Seller and tenants personal property. Gas Natural Gas Gross Income 61680 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Longmont Net Operating Income 56789 New Construction YN No Operating Expense 4891 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 3002 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 2195 Unit2 Rent 1495 Unit3 Rent 1450 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Longmont Zoning Res

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Jennifer Fox of Fox Property Management: 3036417424.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-10-12T12:41:28.38.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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