$395,000
4 Bedrooms ,
2 Bathrooms
Property Description
SIGNIFICANT PRICE IMPROVEMENT! Excellent cash flow opportunity with this investment duplex in great Longmont location. Units are currently rented at a total of $2,015 per month, equating to an 6.00% cap rate. New leases already signed by current tenants will go into effect soon for a total of $2,200 per month to generate an even more enviable return on investment. Listing includes two units with 1,096 square feet per unit for a total square footage of 2,192. The well-designed units feature a great room, dining area and spacious kitchen with lots of storage, 2 bedrooms and a full bath. Laundry area with storage completes the appeal. Each unit also includes an attached 1-car garage and an extra large fully fenced yard. Fantastic location near shopping and dining at Westview Plaza, short distance to Layon park and Ute Creek Golf Course. Close to public transportation and easy highway access for quick trips to the mountains. Great Opportunity!General Features
MLS: 912246 | Status: Sold |
Listing Office: Redfin Corporation | Listing Office Phone: 303-536-8941 |
Style: One | Construction: Wood/Frame,Brick/Brick Veneer |
Bedrooms: 4 | Baths: 2 |
Cooling: Room Air Conditioner | Heating: Baseboard |
Total SqFt: 2,192ft² | Finished SqFt: 2,192ft² |
Above Ground SqFt: 2,192ft² | Acreage: 0.22 acres |
Lot Size: 9,765ft² |
Room Sizes
Kitchen: 1ft x 1ft | Master Bedroom: 1ft x 1ft |
School Information
District: ST Vrain Dist RE 1J |
Elementary: Timberline |
Middle: Heritage Middle School |
High: Skyline |
Taxes & Fees
Tax Amount: $2,116 |
Tax Year: 2018 |
Additional Information
Outdoor Features: Patio, , Private Yard, , Curbs, Gutters, Sidewalks |
Common Amenities: None |
Road Access: City Street |
Disabled Access: Level Lot,Near Bus,No Stairs,Main Floor Bath,Main Level Bedroom,Main Level Laundry |
New Financing: Cash,Conventional,FHA,VA Loan |
Construction: Wood/Frame,Brick/Brick Veneer |
Energy Features: , |
Utilities: Natural Gas Available,Electricity Available,Cable Available |