$690,000
$90K PRICE DROP

Estimated payment $4,195/month

Total Views 8,656
6 Beds
6 Baths
3,204 Sq Ft
$215 Price per Sq Ft

Highlights

  • No HOA
  • Brick Veneer
  • 4-minute walk to Affolter Park
  • Niwot High School Rated A
  • Forced Air Heating System

About This Home

Introducing an exciting and RARE investment opportunity in Boulder County! 1300 - 1304 Holly Avenue features a 3,204 square foot building with 2, two story units and 1, one-story unit, that are approximately 1,068 square feet each. Originally constructed in 1977, each unit consists of two bedrooms, two bathrooms, and there are three parking spaces in the rear with carports and storage. Landlord pays, water, sewer, and trash and Tenant pays electric and any telecommunications/data or television services. All Leases are MTM and fully leased at below market lease rates this property promises room for future growth. With a great location in the Longmont area, this property is positioned for success in a thriving market. Don't miss out on this promising venture with endless possibilities!

Listing Agent

Keith Kanemoto

RE/MAX Elevate

Co-Listing Agent

Gary Maggi

RE/MAX Town and Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1977

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • Burlington Elementary School
  • Sunset Middle School
  • Niwot High School

Additional Features

  • 10,493 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number R0049654

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Melody Valley 2 Subdivision

Building Details

  • Gross Income $55,800
  • Net Operating Income $39,442

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,110

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Year Built: 1977
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.24
  • Co List Office Mls Id: 8RMTC
  • Subdivision Name: Melody Valley 2
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Has Basement: None
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Burlington
  • HighSchool: Niwot
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Sunset Middle

Lot Info

  • Zoning: R-MN
  • Lot Size Sq Ft: 10493
  • Parcel #: R0049654
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4110

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 55800
  • Annual Operating Expense: 16358

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Price Changed $690,000 -11.5% $215 / Sq Ft
08/26/2024 08/26/24 For Sale $780,000 +66.0% $243 / Sq Ft
01/28/2019 01/28/19 Off Market $470,000 -- --
10/04/2016 10/04/16 Sold $470,000 -1.1% $147 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $475,000 -- $148 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1017305

IRES MLS