New Construction - Eco Friendly
Address
21 E 4th Avenue Longmont, CO
Price
$ 1,349,800
Property Attributes
  • MLS#IR948677
  • TypeMulti-Family
  • CountyBOULDER
  • CityLongmont
  • NeighborhoodMorning Side
  • Zip80504
  • Style
  • Year Built1947
  • Taxes$ 1513
  • Price$ 1,349,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2210
  • Lot Size6,273 SqFt
Listing Provided Courtesy Of:
Paragon Realty Services LLC
Data Source:
REColorado (MTOMLS) - 6 - CO
Property Description

Opportunity Zone Special for the savvy investor. Existing Single-family home includes two bedrooms and one bathroom. The existing home has had the same tenant for over 20 years and currently rents for $1744/mo.. The home has a new roof, new gutters and exterior paint, a new water heater, and will undergo significant utility updates with the building of the New Construction Duplex to be built on the lot. The New Construction Duplex will include two one bedroom units with balconies, two car garages, and built energy efficient and with the latest technology. Take advantage of the Opportunity Zone rules and avoid taxes on cash out investments. Total estimated annual gross rent on the finished product is over $57,000. Conditions: 1)Sale of existing property requires signed agreement and down payment towards new construction Duplex. 2) Sales price for existing SFD = $449,900.00 3) Required contract with earnest money for to-be-built Duplex = $899,900.00

Elementary School Middle School High School
Timberline Elementary School Timberline Middle School Skyline High School
Price History
8/16/2021 Listed $1,349,800

General Features

Appliances Oven, Refrigerator
Association Y/N No
Basement None
City Longmont
Construction Materials WoodFrame
County Boulder
Days on Market 17
Directions 3rd Avenue to Martin Street, North to E. 4th, East to property
Elementary School Timberline
Elementary School District St. Vrain Valley RE-1J
Grossincome 1744.0
Heating ForcedAir
High School Skyline
High School District St. Vrain Valley RE-1J
Levels One
Lot Size Square Feet 6273.0
Middle/Junior High School Timberline
Net Operating Income 49569.0
Occupant Type Tenant
Operatingexpense 4513.0
Ownership Individual
Possession Closing
Possible Use MultiFamily
Property Sub Type Additional Triplex
Property SubType Triplex
Property Type ResidentialIncome
Roof Composition
Sewer PublicSewer
Standard Status Active
Status Active
Stories 1
Street Name 4th
Subdivision Name Morning Side
Tax Annual Amount 1513.0
Tax Year 2020
Terms Cash, Conventional
Total Units 3
Utilities ElectricityAvailable, NaturalGasAvailable
Year Built 1947
Zoning RES

Interior Features

Above Grade Finished Area Source Plans
Basement (Y/N) No
Below Grade Finished Area Source Plans
Furnished Y/N Unfurnished
Heating Y/N Yes
Livingareasource Plans
Street Suffix Avenue

Exterior Features

Building Area Total 2210.0
Covered Spaces 0.0
Lot Features FloodZone
Lot Size Acres 0.14
Lot Size Area 0.14
Lot Size Units Acres
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 80504

Price
AVG $710K
$1.35M
Taxes
AVG $1,759
$1,513
Visits
AVG 12
30
Year Built
AVG 1982
1947
Walkscore
AVG 70
70
Data Provided by Walkscore ® not using MLS data

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