303 Emery Dr, Longmont CO 80501
Property Description
Owner put in $70k over last 3 years. 7% cap rate. Great cash flow! Easy to rent! Quick walk to downtown Longmont and Main Street. Positive change in neighborhood demographic with rents frequently increasing. Turn-key property. Just buy and sit on checks! Faces Lanyon Park with baseball diamond, mature trees, walking paths, and playground. Plenty of parking behind the building for tenants. 4 2-story units each with 2 bd/1.5 ba. Two units have recently updated bathrooms. New roof. 100% occupied.General Features
MLS: 813846 | Status: Sold |
Listing Office: Coldwell Banker Realty-Boulder | Sold Date: 04/27/2017 |
Style: Two | Construction: Brick/Brick Veneer |
Bedrooms: 8 | Baths: 8 |
Cooling: Ceiling Fan(s) | Heating: Baseboard |
Total SqFt: 4,000ft² | Acreage: 0.28 acres |
Lot Size: 12,133ft² |
School Information
District: ST Vrain Dist RE 1J |
Elementary: Alpine |
Middle: Timberline |
High: Skyline |
Taxes & Fees
Tax Amount: $7,349 |
Tax Year: 2016 |
Additional Information
Outdoor Features: , , , , Curbs, Sidewalks, Corner Lot, Within City Limits |
Road Access: City Street |
New Financing: Cash,Conventional,FHA,VA Loan |
Construction: Brick/Brick Veneer |
Energy Features: , |
Utilities: None |