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3043 17th Ave

Longmont, CO 80503
  • $2,000,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 1023363
UPDATED: 8 min ago
$2,000,000
  • 16
    BEDS
  • 0.27
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 7,876
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

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

Description

CBRE is pleased to present 3043 17th Ave, an eight-unit multifamily investment opportunity situated in Longmont, Colorado. Built in 1971, 3043 17th Ave is a well-maintained asset in an ideal location only minutes from Downtown Longmont. The property consists of all large two-bedroom units, on-site storage, and coin-operated laundry. 3043 17th Ave is found on 17th Ave in north Longmont east of Hygiene and just south of McIntosh Lake. This location offers residents proximity to an abundance of retail and entertainment options as well as an easy commute to Downtown Longmont, Boulder, and other employment hubs. 3043 17th Ave is also situated just south of Highway 66 which provides direct connectivity to Interstate 25 to the east and Lyons and Estes Park to the west. Additionally, 3043 17th Ave features a compelling loan assumption available for qualified investors capable of meeting Freddie Mac's Borrower Requirements. With the ability to assume better than current market financing, with a fixed, low interest rate until June of 2030, 3043 17th Ave's attractive unit mix, coveted location, and desirable units will provide investors with quality, security, and upside as Longmont continues to receive help from Boulder County's continued growth.

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© 2025 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: 2025-01-25T08:41:15.787.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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3043 17th Ave Longmont, CO 80503

  • Price: $2,000,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 8 min ago
  • MLS #: 1023363
16
Beds
8
Baths
0
½ Baths
0.27
Acres
7,876
SQFT
$254
$/SQFT
1971
Built
Neighborhood:
La Vista Estates & Rplt
County:
Boulder
Area:
04 Longmont City Limits
Elementary School:
Hygiene
Middle School:
Westview
High School:
Longmont
School District:
ST Vrain Dist RE 1J
Property Description
CBRE is pleased to present 3043 17th Ave, an eight-unit multifamily investment opportunity situated in Longmont, Colorado. Built in 1971, 3043 17th Ave is a well-maintained asset in an ideal location only minutes from Downtown Longmont. The property consists of all large two-bedroom units, on-site storage, and coin-operated laundry. 3043 17th Ave is found on 17th Ave in north Longmont east of Hygiene and just south of McIntosh Lake. This location offers residents proximity to an abundance of retail and entertainment options as well as an easy commute to Downtown Longmont, Boulder, and other employment hubs. 3043 17th Ave is also situated just south of Highway 66 which provides direct connectivity to Interstate 25 to the east and Lyons and Estes Park to the west. Additionally, 3043 17th Ave features a compelling loan assumption available for qualified investors capable of meeting Freddie Mac's Borrower Requirements. With the ability to assume better than current market financing, with a fixed, low interest rate until June of 2030, 3043 17th Ave's attractive unit mix, coveted location, and desirable units will provide investors with quality, security, and upside as Longmont continues to receive help from Boulder County's continued growth.
Exterior Features

Construction Materials Wood/Frame Horse YN No Levels Two Other Parking Parking Per Unit(1 Space/Unit) Road Frontage Type City Street Roof Other Spa YN No Waterfront YN No

Interior Features

Appliances WasherDryer Basement Crawl Space Cooling Room Air Conditioner Cooling YN Yes Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Two Primary Suites Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 850 Unit1 Total Baths 1 Window Features Double Pane WindowsTriple Pane Windows

Property Features

Association YN No Cap Rate 6.45 Community Features Extra Storage Ditches Active YN No Electric Separate Meter Electricity Exclusions Tenant's Personal Property Gross Income 166206.35 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 ExchangeAssumable Locale Longmont Net Operating Income 128995.35 New Construction YN No Number Of2 Bedroom Units 8 Operating Expense 37211 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 13897 Tenant Pays Electricity Water Source City WaterCity Zoning MULTI-RESI

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Charlie Mitelhaus of CBRE Inc: 9703723007.



© 2025 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: 2025-01-25T08:41:15.787.

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