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.
Sold for $585,000 on 01/09/23
$585,000
121 Reed Pl #s A&B, Longmont, CO 80501
6beds
2baths
2,240sqft
Attached Dwelling, Multi Family, Duplex
Built in 1977
-- sqft lot
$628,500 Zestimate®
$261/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 08:10pm
Listed by:
Karla Brown 303-449-2131,
The Colorado Group
Bought with:
Mark Hochhauser
Homestead Real Estate, LLC
Source: IRES,MLS#: 978702
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Electric Range/Oven, Refrigerator, Washer, Dryer, All Appliances, Disposal
Features
- High Speed Internet
- Basement: Daylight
- Has fireplace: Yes
- Fireplace features: Free Standing
Interior area
- Total structure area: 2,240
- Total interior livable area: 2,240 sqft
Property
Parking
- Details: Parking Per Unit(2 Spaces/Unit)
Accessibility
- Accessibility features: Level Lot, Other Access, Accessible Bedroom, Stall Shower
Features
- Levels: Multi/Split
- Stories: 2
- Fencing: Partial
- Has view: Yes
- View description: City
Lot
- Size: 10,019 sqft
- Features: Cul-De-Sac, Level
Details
- Additional structures: Storage
- Parcel number: R0043858
- Zoning: RES
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Attached Dwelling, Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1977
Utilities & green energy
- Electric: Electric, City of Longmon
- Gas: Natural Gas, Separate Meter Gas, Xcel
- Water: City Water, City of Longmont
- Utilities for property: Natural Gas Available, Electricity Available, Cable Available
Community & neighborhood
Community
- Community features: Park
Location
- Region: Longmont
- Subdivision: East Old Town Longmont
HOA & financial
Other financial information
- Total actual rent: 3190
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Paved, Gravel
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Estimated market value
$628,500