Eco Friendly
Address
21 E 4th Ave Longmont, CO
Price
$ 1,349,800
Property Attributes
  • MLS#948677
  • TypeIncome
  • CountyBOULDER
  • CityLongmont
  • AreaMorning Side
  • NeighborhoodMorning Side
  • Zip80504
  • Style1 Story/Ranch
  • Year Built1947
  • Taxes$ 1513
  • Price$ 1,349,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2210
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Paragon Realty Services LLC
Data Source:
Information and Real Estate Services (IRES) - 19 - CO
Property Description

Opportunity Zone Special for the savvy investor. Existing Single-family home includes two bedrooms and one bathroom. The existing home has had the same tenant for over 20 years and currently rents for $1744/mo.. The home has a new roof, new gutters and exterior paint, a new water heater, and will undergo significant utility updates with the building of the New Construction Duplex to be built on the lot. The New Construction Duplex will include two one bedroom units with balconies, two car garages, and built energy efficient and with the latest technology. Take advantage of the Opportunity Zone rules and avoid taxes on cash out investments. Total estimated annual gross rent on the finished product is over $57,000. Conditions: 1)Sale of existing property requires signed agreement and down payment towards new construction Duplex. 2) Sales price for existing SFD = $449,900.00 3) Required contract with earnest money for to-be-built Duplex = $899,900.00

Elementary School Middle School High School
Timberline Elementary School Timberline Middle School Skyline High School
Price History
8/16/2021 Listed $1,349,800

General Features

Capitalization Rate 3.67
County Boulder
Heating Forced Air
Listing Type Income Property
Locale Longmont
Net Operating Income 49568.6000
Ownership Private Owner
School District ST Vrain Dist RE 1J
Subdivision Morning Side
Total Number of Units 3
Total Operating Epense 4513.0000
Utilities Natural Gas, Electric
Zoning RES

Exterior Features

Inclusions No Units Furnished, Electric Range/Oven, Refrigerator

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80504

Price
AVG $890K
$1.35M
Taxes
AVG $2,111
$1,513
Visits
AVG 20
31
Year Built
AVG 1974
1947
Walkscore
AVG 43
70
Data Provided by Walkscore ® not using MLS data

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