1351 Sumner, Longmont, CO 80501
Local realty services provided by:ERA Shields Real Estate
1351 Sumner,Longmont, CO 80501
$850,000
- - Beds
- - Baths
- 3,876 sq. ft.
- Multi-family
- Active
Listed by: john adams, nik maccarter
Office: modus real estate
MLS#:8001555
Source:ML
Price summary
- Price:$850,000
- Price per sq. ft.:$219.3
About this home
MODUS Commercial Real Estate is pleased to present 1351 Sumner Street, a four-unit multifamily investment opportunity on a corner lot at 14th Avenue and Sumner Street in central Longmont — one of Colorado's most desirable secondary markets. The asset consists of four identical two-bedroom/one-bath units of approximately 950 square feet each.Units are in excellent condition, with in-unit washers and dryers, air conditioning, furnaces and individual water heaters. Gas and electric are separately metered, and the property includes six off-street parking spaces this asset provides a low-maintenance operating profile for an incoming owner. The property has shown a history of strong occupancy renting at $1,600 per month. To deliver the building fully leased to a new owner, all four units are currently leased month-to-month at $1,500. This gives a buyer immediate upside: moving rents to the proven $1,600 market rate upon takeover, adding $4,800 in annual income with no capital investment required....
Contact an agent
Home facts
- Year built:1985
- Subdivision & Development:Loomiller
- Listing ID #:8001555
Rooms and interior
- Living area:3,876 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1985
- Building area:3,876 sq. ft.
- Construction Materials:Brick
- Levels:2 Story
Schools
- High school:Longmont
- Middle school:Longs Peak
- Elementary school:Mountain View
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$219.3
- Tax amount:$5,504
New listings near 1351 Sumner
- Coming Soon
$575,000Coming Soon3 beds 4 baths2,424 sq. ft.713 Snowberry, Longmont, CO 80503
MLS# IR1071423Listed by: EXP REALTY LLC - New
$630,000Active3 beds 3 baths1,573 sq. ft.735 Kubat #D, Longmont, CO 80503
MLS# IR1071477Listed by: MILEHIMODERN - BOULDER - New
$485,000Active1 beds 2 baths855 sq. ft.801 Confidence #6, Longmont, CO 80504
MLS# IR1071484Listed by: EQUITY COLORADO-FRONT RANGE - New
$520,000Active3 beds 3 baths2,742 sq. ft.1105 Hover, Longmont, CO 80501
MLS# 8273365Listed by: BETTER HOMES AND GARDENS REAL ESTATE NEUHAUS - New
$699,000Active4 beds 2 baths2,099 sq. ft.314 Judson, Longmont, CO 80501
MLS# IR1071468Listed by: COLDWELL BANKER REALTY-BOULDER - New
$674,900Active3 beds 3 baths2,430 sq. ft.607 Teal, Longmont, CO 80503
MLS# 6634447Listed by: REAL BROKER, LLC DBA REAL - New
$500,000Active4 beds 2 baths2,128 sq. ft.1518 Ashcroft, Longmont, CO 80501
MLS# IR1071438Listed by: LIVE WEST REALTY - New
$766,000Active4 beds 3 baths3,317 sq. ft.847 Briarwood, Longmont, CO 80501
MLS# IR1071409Listed by: COLDWELL BANKER REALTY-NOCO - New
$530,000Active2 beds 2 baths1,696 sq. ft.1056 Champion, Longmont, CO 80503
MLS# IR1071411Listed by: WK REAL ESTATE - New
$750,000Active3 beds 3 baths1,974 sq. ft.238 Sherman, Longmont, CO 80501
MLS# IR1071413Listed by: COLDWELL BANKER REALTY-BOULDER