Longmont, CO 80503 2330 Wedgewood Ave Building 1
$950,000
Pending
25 more
Presented By: C3 Real Estate Solutions LLC; 9702314172
Beds • 8
Baths • 4
SQFT • 3,532
Garage • 1
Home Details
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.
Presented By: C3 Real Estate Solutions LLC; 9702314172
Interior Features for 2330 Wedgewood Ave Building 1
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
BasementNone, Crawl Space
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesPantry, Walk-In Closet(s), Outside Entry
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesDouble Pane Windows
General for 2330 Wedgewood Ave Building 1
AccessibilityLevel Lot
AppliancesElectric Range/Oven, Refrigerator
Assoc Fee Paid PerQuarterly
Association Fee IncludesCommon Amenities, Snow Removal, Maintenance Grounds, Management
Attached Garage No
Cap Rate6.02
CityLongmont
Community FeaturesPlayground
Construction MaterialsWood/Frame, Brick/Brick Veneer, Composition Siding
CoolingCentral Air
CountyBoulder
DirectionsFrom 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 entranc
ElectricElectric
Elementary SchoolHygiene
Entry LocationOutside Entry
ExclusionsFor Unit 1A: Tenant's Personal Property, Clothes Washer, Clothes Dryer; For Unit 1B: Tenant's Personal Property, Clothes Washer, Clothes Dryer; For Unit 1C: Tenant's Personal Property; For Unit 1D: Tenan
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income68400
HOAYes
HOA Fee$650
HeatingForced Air
High SchoolLongmont
High School DistrictST Vrain Dist RE 1J
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet112856
Lot Size UnitsSquare Feet
MLS AreaLongmont
Middle/Junior High SchoolWestview
Net Operating Income57274
New ConstructionNo
Number Of Units Total4
Operating Expense11126
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusPending
StatusPending
Stories2
Subdivision NameLongmont Village
Tax Annual Amount5658
Tax Year2023
Tenant PaysDeposit, Gas, Electricity
Unit NumberBuilding 1
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1975
ZoningR-MF
Exterior for 2330 Wedgewood Ave Building 1
Door FeaturesStorm Door(s)
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level
Lot Size Acres2.59
Lot Size Area112856
Other ParkingParking Per Unit(2 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Longmont
Additional Details
Price History
Schools
Elementary School
Hygiene Elementary School
High School
Longmont High School
Middle School
Westview Middle School
