Elizabeth Calihan - Coldwell Banker Distinctive Properties
2107 W 3rd Street
Longmont, CO 80501

Description

2107 W. 3rd Ave. is a three-unit apartment community located near the intersection of 3rd St. and Hover St. in Longmont, close to Rogers Grove Park and Sunset Golf Course. Built in 1956, it is situated on two parcels totaling 0.72 acres. There are three large 2BD/1BA units with front and rear entrances, and private fenced in back yards. Each unit has washer and dryer hookups, as well as individual furnaces and hot water heaters. All units are metered individually for gas and electricity paid by residents with owner paying for water and sewer. The property has additional storage for tenants and ample parking. There is room for potential development in the future. The neighborhood is largely residential with restaurants, shopping, employment and public transportation nearby. With all three units currently renting at below market rent, this property is a value-add opportunity for a potential buyer to remodel the units and improve the exterior, thus increasing rents to market.

Details

MLS#2963711
StyleIndustrial
Sub-TypeResale
StatusActive
Year1956
Days On Site90

Features

SQ Feet2,874
Story(s)1
Units3
ZoningRES

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Area Information

StateCO
CountyBoulder
CityLongmont
Zip Code80501
AreaBoulder
Listing VS Median (in 80501)
Price:
$460,000
low | high
Med:
$355,315
72.757608695652% of Average
SqFt:
2,874
low | high
Med:
896
100% of Average
$ / SqFt:
$160
low | high
Med:
$397
97.761866750776% of Average
On Site:
90
low | high
Med:
67
100% of Average
Listing Updated: 12/09/2018
MLS Number: 2963711
Listing Provided By:
Clayton Primm  of  MARCUS MILLICHAP INC
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