$615,000
$625,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
408 Atwood St Longmont, CO 80501
6 Beds
3 Baths
9,147 Sqft Lot
Key Details
Sold Price $615,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Subdivision Longmont Ot
MLS Listing ID 985755
Sold Date 05/22/23
Style Ranch
Bedrooms 6
HOA Y/N false
Originating Board IRES MLS
Year Built 1958
Annual Tax Amount $2,777
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Wonderful Old Town Longmont location, walkable to all the dining, entertainment and amenities Old Town has to offer. Great Opportunity for an excellent cap rate property, many updates done, needs additional updating. Many improvements over the past 8 years: 5 basement egress windows, new roof & electrical entrance '19, new furnaces '16, 410 unit fully updated '16. Great starter investment or addition to existing portfolio, plenty of sweat equity available here. Images show only the updated unit, other 2 units show their age but are well kept by tenants. Rents Clarification: Current Actual Annual Gross Rents: $38,340; Pro-Forma Annual Gross Rents when Fully Updated: $54,000; Current Pro-Forma Annual Gross Rents: $45,600. Please do not visit, walk, enter the property or disturb current tenants (drive by only is fine). Serious buyers only please.
Location
State CO
County Boulder
Area Longmont
Zoning R-SF
Direction From Main & 3rd head east on 3rd until you come to Atwood st (4 blocks), then head north on Atwood St for ~ 1 block.
Rooms
Basement Full
Interior
Interior Features High Speed Internet
Heating Forced Air
Exterior
Fence Partial
Utilities Available Natural Gas Available, Electricity Available
Waterfront false
Roof Type Composition
Street Surface Asphalt
Building
Lot Description Zero Lot Line
Story 1
Water City Water, City of Longmont
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Columbine
Middle Schools Trail Ridge
High Schools Skyline
School District St Vrain Dist Re 1J
Others
Senior Community false
Tax ID R0040400
SqFt Source Assessor
Special Listing Condition Licensed Owner
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