$1,300,000
SOLD OCT 25, 2024
-- Bed
-- Bath
7,484 Sq Ft
0.27 Acres

Recently Sold

$174 Per Sq Ft

13% Below List Price

60 Days on Market

Highlights

  • No HOA
  • Brick Veneer
  • Forced Air Heating System
  • Longmont Estates Elementary School Rated A-

About This Home

As of October 2024

Presenting a gem of an opportunity for any Multifamily/Low-Rise investors, 3035 17th Avenue in Longmont, Colorado! Situated in Boulder County, this two story building totals 6,912 square feet and consists of 8, two bedroom, 1.5 bathroom units. Each unit has its own forced air and central air conditioning systems. Landlord pays for water and the tenants pay for all other utilities. Constructed in 1975, this property is strategically located in the vibrant Longmont area, offering ample potential for growth. This property is an attractive option for investors seeking to make a mark in the ever growing real estate market.

Last Agent to Sell the Property

Keith Kanemoto

RE/MAX Elevate

Co-Listed By

Gary Maggi

RE/MAX Town and Country

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,093

Year Built

  • Built in 1975

Home Design

  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 7,484 Sq Ft Home
  • 2-Story Property

Schools

  • Northridge Elementary School
  • Longs Peak Middle School
  • Longmont High School

Additional Features

  • 0.27 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number R0049711

Community Details

Overview

  • No Home Owners Association
  • La Vista Estates Subdivision

Building Details

  • Gross Income $118,272
  • Net Operating Income $68,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,093

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Year Built: 1975
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.27
  • Co List Office Mls Id: 8RMTC
  • Subdivision Name: La Vista Estates
  • 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
  • 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
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Northridge
  • HighSchool: Longmont
  • Junior High Dist: ST Vrain Dist RE 1J
  • Middle Or Junior School: Longs Peak

Lot Info

  • Zoning: R-MF
  • Lot Size Sq Ft: 11667
  • Parcel #: R0049711
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10093

Multi Family

  • Annual Gross Income: 118272
  • Annual Operating Expense: 50247

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
10/25/2024 10/25/24 Sold $1,300,000 -13.3% $174 / Sq Ft
08/26/2024 08/26/24 For Sale $1,500,000 +11.1% $200 / Sq Ft
03/10/2021 03/10/21 Off Market $1,350,000 -- --
01/16/2017 01/16/17 Sold $1,350,000 -10.0% $180 / Sq Ft
12/17/2016 12/17/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $1,500,000 -- $200 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1017303

IRES MLS

APN: 1205-32-2-03-013