2107 3rd Ave

Longmont, CO 80501

Welcome to this rare Boulder County Triplex / Multifamily Investment Property. This property is a fully leased/stabilized turnkey asset. Each unit includes two bedrooms, one bath, washer/dryer hookups, and an external storage locker. 2 of the 3 have their own fenced backyards and with a little investment the third could as well. All units are individually metered for utilities (except water). Currently water is an owner/landlord paid line item. Owners have been diligent with their investment. In the last 5 years, they have spent an estimated $50-60k in repairs / upgrades, secured the necessary rental licensing, and have kept up on rental increases/rates (Rent numbers are actual and not projections.) and have enjoyed virtually zero vacancies during their ownership. This property is ideally situated in Longmont close to downtown and to all your daily conveniences (Multiple bus routes, King Soopers, Whole Foods, Home Depot, Target, Left Hand Brewery, St. Vrain Greenway, etc.). The adjacent vacant parcel, 0 3rd Avenue, is also for sale. See MLS #1021657 for more info. Combine these two to add an additional unit and/or detached garages.

Listing courtesy of Coldwell Banker Realty-Boulder


Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.

Information source: Information and Real Estate Services, LLC. Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Digital Millenium Copyright Act

Data last updated at 2024-10-29 05:00 PM MST.