1338 Sumner Street

Longmont, CO 80501

Incomes Property  $450,000  Sold

02-16-2017 02:19pm

Great potential. The spacious 2 bedroom units were rented at $ 800 per month but should bring $ 1,000 once the units are remodeled which could return to the investor a low 20's% cash on cash return. Call for details. This building is located in a very pleasant part of Longmont on the Northwest side. Easy commute to Boulder and the University of Colorado. Walk to the United Longmont Hospital campus. Easy access to Longmont airport or the mountains.

MLS#
1921156
MLS Originator
REcolorado (Denver)
Off Market Date
02-22-2016 12:00am
Original Price
$424,900

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
02-16-2017 02:19pm
Bedrooms
8
Bathrooms
4
SqFt
3532
Year Built
1984
Der PSF Total
127.41

SqFt Lot
7244.00
SqFt Finished
3532
SqFt Above
3532

Sold Price
$450,000
Previous Year Tax
$2,153
Terms and Conditions
Cash, Conventional
Owner Paid Utilities
Water,Lawn Service,Trash
Transaction Type
For Sale

Appliances
Dishwasher, Refrigerator (Kitchen), Stove/Range/Oven
Flooring
Carpet, Vinyl/Linoleum
Cooling
None
Heating
Forced Air
Heating Fuel
Gas

Laundry Availability
W/D Hookups in Unit

Features
Balcony, Yard
Base Floor Plan
Slab
Base Size
None
Parking Spaces
1
Parking Features
Natural Light
Vehicle Spaces
5

Building Type
Quadplex (all units)
Structure
Multi-Level
Roof
Composition Shingles
Construction
Brick, Wood Siding
Architectural Style
Contemporary
Exterior Features
Balcony, Yard
Construction Method
Brick,Frame
Builder Source
County Records

School District
St. Vrain Valley RE-1J
Elementary School
Mountain View
Middle School
Longs Peak
High School
Longmont

Annual Actual Expenses
0
Annual Projected Expenses
6500
Annual Actual Income
0
Annual Projected Income
47760
Annual Actual Net Income
0
Annual Projected Net Income
41260
Unit Furnished
0

PPA
2647058.82
Lot Width
65.00
Road Surface
Paved Road

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