Longmont, CO 80501 1300 Holly Ave
$690,000
Presented By: RE/MAX Elevate; 3037722222
Beds • 6
Baths • 6
SQFT • 3,204
Home Details
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!
Presented By: RE/MAX Elevate; 3037722222
Interior Features for 1300 Holly Ave
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 1300 Holly Ave
Attached Garage No
Cap Rate5.72
CityLongmont
Construction MaterialsBrick/Brick Veneer
CountyBoulder
ElectricElectric, City
Elementary SchoolBurlington
ExclusionsAll Tenant's and Seller's Personal Property.
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income55800
HOANo
HeatingForced Air
High SchoolNiwot
High School DistrictST Vrain Dist RE 1J
Land Lease Y/NNo
LevelsBi-Level
Living Area UnitsSquare Feet
Lot Size Square Feet10493
Lot Size UnitsSquare Feet
MLS AreaLongmont
Middle/Junior High SchoolSunset Middle
Net Operating Income39442
New ConstructionNo
Number Of Units Total3
Operating Expense16358
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameMelody Valley 2
Tax Annual Amount4110
Tax Year2023
Tenant PaysDeposit, Electricity
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1977
ZoningR-MN
Exterior for 1300 Holly Ave
Horse Y/NNo
Lot Size Acres0.24
Lot Size Area10493
SpaNo
Water SourceCity Water, City of Longmont
Additional Details
Price History
Schools
Middle School
Sunset Middle
High School
Niwot High School
Elementary School
Burlington Elementary School
