$585,000
$599,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
121 Reed PL #Units A&B Longmont, CO 80501
10,018 Sqft Lot
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision East Old Town Longmont
MLS Listing ID IR978702
Sold Date 01/09/23
HOA Y/N No
Originating Board recolorado
Year Built 1977
Annual Tax Amount $2,067
Tax Year 2022
Lot Size 10,018 Sqft
Acres 0.23
Property Description
This is your next money maker. Duplex with solid construction located on large lot with off-street parking on a quiet culdesac in central Longmont. Property is immediately adjacent to Kensington Park where tenants can enjoy the trails and nearby children's playground along the Spring Gulch Trail. Newer windows and roof. Needs new paint and carpet and some interior upgrades to make this a profitable rental for years to come. Two three-bedroom, one-bath units with laundry. Ideal for 1031 Exchange. Located in Longmont's Opportunity Zone, providing possible tax incentives. Accepting back-up offers.
Location
State CO
County Boulder
Zoning RES
Rooms
Basement Daylight
Interior
Heating Heat Pump
Cooling Central Air
Fireplaces Type Free Standing
Fireplace N
Appliance Disposal, Dryer, Oven, Refrigerator, Washer
Exterior
Fence Partial
Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
View City
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Cul-De-Sac, Flood Zone, Level
Water Public
Level or Stories Split Entry (Bi-Level)
Structure Type Wood Frame
Schools
Elementary Schools Columbine
Middle Schools Trail Ridge
High Schools Longmont
School District St. Vrain Valley Re-1J
Others
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Homestead Real Estate, LLC