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2031 Lincoln St

Longmont, CO 80501
  • $575,000
  • STATUS: Closed
  • ON SITE: 269 Days
  • MLS #: 998358
Sold - 01/16/2024
$575,000
SOLD - 01/16/2024
  • 4
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,624
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

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

Description

Great investment opportunity to own a currently rented duplex, conveniently located in Longmont. Each unit offers 2 bedrooms, 1.5 bathrooms, upstairs loft and a fireplace on the main level. Separately fenced backyards for both units, backing up to the open space and dog park. Directly east of property is Carr park, complete with playground, tennis courts and more! Close to shopping, restaurants and 8 minutes to Downtown Longmont! Current actual leases are $1550 for unit 2031 through June 2024 and $1685 for 2033 through September 2024.

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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: 2024-07-13T23:43:05.883.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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2031 Lincoln St Longmont, CO 80501

  • Price: $595,000
  • Status: Closed
  • On Site: 269 Days
  • Updated: 233 min ago
  • MLS #: 998358
4
Beds
4
Baths
0
½ Baths
0.12
Acres
2,624
SQFT
$0
$/SQFT
1979
Built
Neighborhood:
Barrett-Klein
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
Great investment opportunity to own a currently rented duplex, conveniently located in Longmont. Each unit offers 2 bedrooms, 1.5 bathrooms, upstairs loft and a fireplace on the main level. Separately fenced backyards for both units, backing up to the open space and dog park. Directly east of property is Carr park, complete with playground, tennis courts and more! Close to shopping, restaurants and 8 minutes to Downtown Longmont! Current actual leases are $1550 for unit 2031 through June 2024 and $1685 for 2033 through September 2024.
Exterior Features

Construction Materials Wood/Frame Direction Faces East Entry Location Outside Entry Fencing FencedWood Horse YN No Levels Bi-Level Lot Features CurbsGuttersSidewalks Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Patio Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Duplex View Mountain(s)Foothills ViewCity Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorDisposal Basement None Fireplace Features Single Fireplace Fireplace YN Yes Heating Forced Air Heating YN Yes Interior Features Satellite AvailHigh Speed InternetEat-in KitchenCathedral/Vaulted CeilingsLoftOutside Entry Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 1312 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Est Sq Ft 1312 Unit2 Total Baths 2 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.63 Ditches Active YN No Electric ElectricSeparate Meter ElectricityCity of Lgmt Exclusions Clothes WasherClothes DryerTenant's Personal Property. Gas Natural GasSeparate Meter GasXcel Gross Income 39226.8 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Longmont Net Operating Income 33508.8 New Construction YN No Operating Expense 5718 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 2608 Tax Year 2022 Tenant Pays DepositGasElectricity Unit1 Rent 1550 Unit2 Rent 1685 Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Longmont Zoning RES

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of John Feeney of C3 Real Estate Solutions, LLC: 9702255152.



© 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: 2024-07-13T23:43:05.883.

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