$950,000
PENDING

2330 Wedgewood Ave Unit 1 Longmont, CO 80503

McIntosh Neighborhood

Estimated payment $5,982/month

Total Views 5,797
8 Beds
4 Baths
3,532 Sq Ft
$269 Price per Sq Ft

Highlights

  • 2.59 Acre Lot
  • Corner Lot
  • Brick Veneer
  • Hygiene Elementary School Rated A-
  • Double Pane Windows
  • Walk-In Closet

About This Home

Come take a look at this great investment opportunity in Northwest Longmont! This 4-plex is conveniently located off of Hover Street and is near many city parks and popular locations in the City of Longmont such as McIntosh Lake, Dawson Park, Garden Acres Park, and more! This 4-plex is Building 1 of a 14 building complex with a HOA that manages and maintains the lawn, neighborhood open space and playground, and even snow removal up to each unit's sidewalks! The Sellers have owned this 4-plex since 2009 and have a strong and reliable history of rental income from this property. Currently the Sellers are renting each unit at a 0% vacancy rate! The Sellers have kept this building well maintained and the roof was just replaced in 2023. Each unit is 2 bedrooms with 1 bath and includes both a 1 car garage space and 1 car exterior parking space. Please reach out for more information and to coordinate a showing. Showings are for qualified Buyers only with a minimum of 24 hours notice out of respect for all tenants.

Listing Agent

John Feeney

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 1975

Lot Details

  • 2.59 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Property Attached
  • Brick Veneer
  • Wood Frame Construction
  • Composition Roof
  • Composition Shingle

Interior Spaces

  • 3,532 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Crawl Space
  • Storm Doors
  • Electric Oven or Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Schools

  • Hygiene Elementary School
  • Westview Middle School
  • Longmont High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0068389

Community Details

Overview

  • Association fees include common amenities, snow removal, ground maintenance, management
  • 4 Units
  • Longmont Village Subdivision

Recreation

  • Community Playground

Building Details

  • Gross Income $68,400
  • Net Operating Income $57,274

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,658

Year Built

Built in 1975

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Year Built: 1975
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 2.59
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Longmont Village
  • Directions: From I-25, take exit 243 for CO-66 W, head west towards Longmont for 7.9 miles, turn left onto Hover St and south for .8 miles, turn right onto Wedgewood Ave, 4-plex will be the first one from the entrance that is labeled "Wedgewood Apartments 1-7".
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: None, Crawl Space
  • Total Bedrooms: 8
  • Door Features: Storm Door(s)
  • Entry Location: Outside Entry
  • Interior Amenities: Pantry, Walk-In Closet(s), Outside Entry
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level
  • Waterfront: No
  • Construction Type: Wood/Frame, Brick/Brick Veneer, Composition Siding
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Central Air
  • Electric: Electric
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Longmont
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Snow Removal, Maintenance Grounds, Management
  • Community Features: Playground
  • Senior Community: No
  • Association Fee: 650
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Hygiene
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Westview

Lot Info

  • Zoning: R-MF
  • Lot Size Sq Ft: 112856
  • Parcel #: R0068389
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5658

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 68400
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 11126

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
02/28/2025 02/28/25 Pending -- -- --
09/16/2024 09/16/24 For Sale $950,000 -- $269 / Sq Ft
Source: IRES MLS

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Source: IRES MLS

MLS Number: 1018723

IRES MLS

APN: 1205-29-4-13-001