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.
Sold
$1,600,000
45 Denver Way, Longmont, CO 80503
--beds
--baths
6,804sqft
Multi Family
Built in 1969
-- sqft lot
$1,586,500 Zestimate®
$235/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 01, 2024 at 12:52pm
Listed by:
Keith Kanemoto 303-772-2222,
RE/MAX Elevate,
Gary Maggi 970-532-5096,
RE/MAX Town and Country
Bought with:
Non-Ires Agent
Non-IRES
Source: IRES,MLS#: 1017299

Facts & features
Interior
Heating
- Forced Air
Features
- Basement: None
Interior area
- Total structure area: 6,804
- Total interior livable area: 6,804 sqft
Property
Features
- Levels: Multi/Split
- Stories: 2
Lot
- Size: 0.30 Acres
Details
- Parcel number: R0049816
- Zoning: R-MF
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Electric, City
- Gas: Natural Gas, Xcel
- Sewer: City Sewer
- Water: City Water, City of Longmont
- Utilities for property: Natural Gas Available, Electricity Available
Community & neighborhood
Location
- Region: Longmont
- Subdivision: La Vista Estates
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$1,586,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,586,500