Active

2107 3rd Ave

Longmont CO, 80501

$720,000


Active

6 Beds

3 Baths

Multi-family

Built in 1956

Welcome to this rare Boulder County Triplex / Multifamily Investment Property. This property is a fully leased/stabilized turnkey asset. Each unit includes two bedrooms, one bath, washer/dryer hookups, and an external storage locker. 2 of the 3 have their own fenced backyards and with a little investment the third could as well. All units are individually metered for utilities (except water). Currently water is an owner/landlord paid line item. Owners have been diligent with their investment. In the last 5 years, they have spent an estimated $50-60k in repairs / upgrades, secured the necessary rental licensing, and have kept up on rental increases/rates (Rent numbers are actual and not projections.) and have enjoyed virtually zero vacancies during their ownership. This property is ideally situated in Longmont close to downtown and to all your daily conveniences (Multiple bus routes, King Soopers, Whole Foods, Home Depot, Target, Left Hand Brewery, St. Vrain Greenway, etc.). The adjacent vacant parcel, 0 3rd Avenue, is also for sale. See MLS #1021657 for more info. Combine these two to add an additional unit and/or detached garages.

1021650

MLS ID

November 1, 2024

Listed

November 21, 2024

Updated

Map

2107 3rd Ave
Longmont CO, 80501

Interior Features

Total Stories

1


Bedrooms

6


Total Bathrooms

3


Interior Features

Satellite Avail, High Speed Internet, Outside Entry


Appliances

Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Some Appliances, Disposal


Laundry Description

Washer/Dryer Hookups


Fireplace

Yes


Fireplace Description

Single Fireplace


Cooling

Yes


Cooling Description

Room Air Conditioner, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air, Individual Heat Source

Exterior/Building Features

Lot Size

0.72 Acres


Exterior Features

Lighting


Lot Features

Curbs, Gutters, Sidewalks, Level, Within City Limits


Architectual Style

Contemporary/Modern, Ranch


Roof

Composition


Sewer

City Sewer

School Information

School District

ST Vrain Dist RE 1J


High School

Longmont


Elementary School

Central

Other Property Details

Area Name

Longmont


Taxes

$3,865


Tax Frequency

Annually


Days on Market

12


Garage

No


View

No


County

Boulder


Water Source

City Water, City Longmont


Pool

No


Zoning

RES

Listed by Brad Pickels with Coldwell Banker Realty-Boulder
Listing Contact: 7208391673 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 11/21/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 11/21/2024 at 11:06 PM UTC

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