Address
345 Colony Place, Longmont, CO
Price
$ 630,000
Property Attributes
  • MLS#4670949
  • TypeMulti-Family
  • CountyBOULDER
  • CityLongmont
  • NeighborhoodCoyle Sailer
  • Zip80501
  • StyleTraditional
  • Year Built1978
  • Taxes$ 2501
  • Price$ 630,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1792
  • Lot Size7,405 SqFt
Data Source:
REColorado (MTOMLS)
Property Description

Introducing a remarkable investment opportunity in the heart of the path of development! This duplex not only boasts a prime location but also presents itself as a mostly turnkey property, making it an ideal investment for savvy buyers. Nestled in a sought-after neighborhood, the duplex offers easy access to vibrant city life, schools, parks, and essential amenities. With its traditional design and legal zoning, this property is truly passive investment. Both units feature great layouts and renters that want to stay. The duplex promises not only a comfortable living space but also a lucrative investment opportunity, providing dual rental income or the flexibility to reside in one unit while leasing out the other. Don't miss out on this chance to secure a valuable asset in a prime location, offering both immediate returns and long-term appreciation. Act fast and make this duplex your next successful investment!

Elementary School Middle School High School
Columbine Elementary School Trail Ridge Middle School Skyline High School
Price History
2/9/2024 Listed $630,000

General Features

Sewer Public Sewer
Heating Baseboard
Cooling Other
Possession Closing/DOD
Roof Composition
Exterior Features Private Yard
Zoning MLT FAM DWLG
Garage Spaces 2
Architectural Style Traditional
Construction Materials Frame
Exclusions Tenants personal property
Year Built 1978
Tenant Pays Cable TV,Electricity,Gas,Internet
Levels Two
Property SubType Duplex
Tax Year 2022
Percent Ownership Individual
Gross Income 45540
OwnerPays Insurance,Taxes
County Boulder
Operating Expense 13073
Property Type Residential Income
HOA / Comm Assn No
Attached Garage Yes
Subdivision Name Coyle Sailer
Facing Direction East
Status Active
High School Skyline
City Longmont
Buyer Agent Compensation 2.8
Senior Community Y/N No
High School District St. Vrain Valley RE-1J
Lot Size Square Feet 7321
Street Name Colony
Elementary School Columbine
Tax Annual Amount 2501
Home Warranty Y/N No
Middle/Junior High School Trail Ridge
Property Condition Model
Structure Type Duplex
Standard Status Active
Occupancy Description Tenant
Middle/Junior School District St. Vrain Valley RE-1J
Elementary School District St. Vrain Valley RE-1J
Cap Rate 4.8
Buyer Agent Compensation Type %

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Above Grade Finished Area 1792
Street Suffix Place
Total Bedrooms 4
Total Baths 2

Exterior Features

Fencing Full
Parking Features Exterior Access Door
Lot Features Corner Lot,Cul-De-Sac
Water Source Public
Total Parking 2
Lot Size Area 7321
Building Area Total 2688
Lot Size Acres 0.17
Lot Size Units Square Feet
Road Responsibility Public Maintained Road

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 Multi-Family Average in 80501

Price
AVG $600K
$630K
Taxes
AVG $2,490
$2,501
Visits
AVG 30
19
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1978