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1258 Lanyon Ln, Longmont CO 80503

$424,800
3 Bedrooms , 1 Bathroom

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Property Description

Perfect for primary buyer (tenant can vacate with 30 days notice) OR great addition to your investment portfolio. Priced to move! Don't miss this turnkey investment rental in Boulder County and walk into instant equity! All the work has been done so you can enjoy low hassle investment income and get some of your money out of the banks! Major systems are all practically new - including furnace, roof and water heater. Property is fully-remodeled and updated with very clean tenant in place and leased until mid-October 2023 at $2,380/month. Rent is guaranteed through Oct 2024 if buyer desires to renew. Tenant pays utilities. Seller has put in ~$100k of improvements including new white shaker cabinets, quartz countertops and new high-end stainless steel appliances with gas stove in kitchen. Completely remodeled bathroom with new vanity, bathtub, toilet and shower with full tile surround. Great investment with $25k annual NOI and a 6 CAP and 15 yr GRM. Call or email with questions or to sch

General Features

MLS: 8675452Status: Sold
Sold Date: 06/13/2023Bedrooms: 3
Baths: 1Total SqFt: 1,080ft²
Finished SqFt: 1,080ft²Above Ground SqFt: 1,080ft²
Acreage: 0.18 acresLot Size: 7,945ft²

School Information

District: St. Vrain Valley RE-1J
Elementary: Longmont Estates
Middle: Westview
High: Silver Creek

Walking Score

Property Database Last Updated: April 19th 2024 02:55 AM

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