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Off market
  • $967,200

    303 Emery Dr, Longmont, CO 80501

    8beds
    8baths
    4,000sqft
    Attached Dwelling, Multi Family
    Built in 1971
    -- sqft lot
    $967,200 Zestimate®
    $242/sqft
    $-- Estimated rent

    Owner options

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    What's special

    Owner put in $70k over last 3 years. 7% cap rate. Great cash flow! Easy to rent! Quick walk to downtown Longmont and Main Street. Positive change in neighborhood demographic with rents frequently increasing. Turn-key property. Just buy and sit on checks! Faces Lanyon Park with baseball diamond, mature trees, walking paths, and playground. Plenty of parking behind the building for tenants. 4 2-story units each with 2 bd/1.5 ba. Two units have recently updated bathrooms. New roof. 100% occupied.

    Zillow last checked: 8 hours ago

    Listing updated: July 31, 2024 at 01:59pm

    Listed by:

    David Janis 303-449-5000,

    Coldwell Banker Realty-Boulder

    Bought with:

    Beau Burris

    Source: IRES,MLS#: 813846MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    Heating
    • Baseboard
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Range/Oven, Dishwasher, Refrigerator
    Features
    • Basement: None
    Interior area
    • Total structure area: 4,000
    • Total interior livable area: 4,000 sqft

    Property

    Parking
    • Details: Parking Per Unit(2 Spaces/Unit)
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Wood
    Lot
    • Size: 0.28 Acres
    • Features: Curbs, Sidewalks, Corner Lot, Within City Limits
    Details
    • Parcel number: R0043675
    • Zoning: X
    • Special conditions: Private Owner

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Attached Dwelling, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Composition
    Condition
    • Not New, Previously Owned
    • New construction: No
    • Year built: 1971
    Details
    • Builder name: Money Maker

    Utilities & green energy

    • Water: City Water, City of Longmont
    • Utilities for property: None

    Community & neighborhood

    Location
    • Region: Longmont
    • Subdivision: Western Meadows 1

    HOA & financial

    Other financial information
    • Total actual rent: 4880

    Other

    Other facts
    • Income includes: Lease/Rents
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved, Asphalt
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    Estimated market value
    $967,200