45 Denver Way, Longmont, CO 80503

$1,600,000

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Courtesy of RE/MAX Elevate . 3037722222

Selling Office: Non-IRES.

Sold Price
$1,600,000
List Price
$2,000,000
Closing Date
Nov 01, 2024
Type
Single Family Residential
Status
CLOSED
MLS Number
IR1017299
Subdivision
La Vista Estates
Year Built
1969

Property Description

Exciting investment opportunity in highly sought after Boulder County! Situated in northwest Longmont, this property consists of an approximately 6,804 square foot building with 12 units, ideal for any Multifamily/Low-Rise investor. This two story brick gem was built in 1969 and is zoned R-MF Residential Multi-Family per the City of Longmont. Each one bedroom/one bathroom unit is approximately 600 square feet and there is one assigned parking space per unit. Each unit is serviced by its own hot water heater and there is a common boiler to provide heat for the entire building. Air conditioning is through window air conditioners, owned by the individual tenants. Landlord pays gas and water, and Tenants are responsible for electricity, and any telecommunication/data or television services. A couple units have been completely renovated, while others present a value add opportunity. With its desirable location, just blocks away from McIntosh Lake and many other amenities, this property presents an enticing prospect for those seeking a lucrative investment in the ever-growing real estate market.

Additional Information

Taxes
$11,102
School District
St. Vrain Valley RE-1J
Elementary School
Northridge
Middle School
Longs Peak
High School
Longmont
Basement
None
Sewer
Public Sewer
Lot Size
13,080
Acres
0.30
Water
Public

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