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1714 Cambridge Dr

Longmont, CO 80503
  • $600,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 1017300
UPDATED: 47 min ago
$600,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,046
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Introducing a prime multi-family investment opportunity in Boulder County located at 1714 - 1716 Cambridge Drive in Longmont, Colorado. This 2,046 square foot ranch style duplex consists of two, 2 bedroom, one bathroom ranch style homes that were originally constructed in 1977. Each unit contains a fireplace, a large kitchen with a laundry area, and an attached one car garage, as well as front and rear outdoor spaces. There are two month to month leases in place for a total of $2,525 per month. All utilities are separately metered, and are the tenant's responsibility. With prices constantly on the rise, now is the time to invest in the Longmont area, and this property presents an excellent prospect for a multi-family/duplex investor trying to get their foot in the door before it is too late!

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-09-19T19:41:47.12.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.taylorhomepartners.com/homes/154136503
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1714 Cambridge Dr Longmont, CO 80503

  • Price: $600,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 47 min ago
  • MLS #: 1017300
4
Beds
2
Baths
0
½ Baths
0.18
Acres
2,046
SQFT
$293
$/SQFT
1977
Built
Neighborhood:
Longmont Village
County:
Boulder
Area:
04 Longmont City Limits
Elementary School:
Longmont Estates
Middle School:
Longs Peak
High School:
Longmont
School District:
ST Vrain Dist RE 1J
Property Description
Introducing a prime multi-family investment opportunity in Boulder County located at 1714 - 1716 Cambridge Drive in Longmont, Colorado. This 2,046 square foot ranch style duplex consists of two, 2 bedroom, one bathroom ranch style homes that were originally constructed in 1977. Each unit contains a fireplace, a large kitchen with a laundry area, and an attached one car garage, as well as front and rear outdoor spaces. There are two month to month leases in place for a total of $2,525 per month. All utilities are separately metered, and are the tenant's responsibility. With prices constantly on the rise, now is the time to invest in the Longmont area, and this property presents an excellent prospect for a multi-family/duplex investor trying to get their foot in the door before it is too late!
Exterior Features

Architectural Style Ranch Construction Materials Brick/Brick Veneer Horse YN No Levels One Roof Composition Spa YN No Waterfront YN No

Interior Features

Basement None Heating Forced Air Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 1023 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 1023 Unit2 Total Baths 1

Property Features

Association YN No Cap Rate 4.84 Ditches Active YN No Electric ElectricCity Exclusions All Tenant's and Landlord's Personal Property. Gas Natural GasXcel Gross Income 38400 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Longmont Net Operating Income 29086 New Construction YN No Operating Expense 9314 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 2889 Tax Year 2023 Tenant Pays DepositGasElectricityWaterSewerTrash Collection Unit1 Rent 1325 Unit2 Rent 1200 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Zoning R-MF

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Keith Kanemoto of RE/MAX Elevate: 3037722222.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-09-19T19:41:47.12.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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