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109 Valentine Ln

Longmont, CO 80501
  • $540,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 999650
UPDATED: 5 min ago
$540,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,568
    SQFT
  • $344
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

A complete duplex investment opportunity in sound condition w/ solid financials & returns. This one ticks several boxes incl, condition, location, and expenses & income to ensure excellent returns, located in a community w/ a perennially solid economic foundation & historic appreciation. Available are a full accounting of actual expenses and rents at market rates w/ leases ending in May & Aug. Exterior & interior condition is good & deferred maintenance is minimal. Matched w/ a 5.62 CAP rate, this property represents an excellent addition to an investment portfolio. 24hr notice to show.

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© 2023 Information and Real Estate Services, LLC. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2023-12-08T17:43:15.03.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.soldbystephco.com/homes/145282030
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109 Valentine Ln Longmont, CO 80501

  • Price: $540,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 5 min ago
  • MLS #: 999650
4
Beds
2
Baths
0
½ Baths
0.14
Acres
1,568
SQFT
$344
$/SQFT
1962
Built
Neighborhood:
Holiday Park
County:
Boulder
Area:
04 Longmont City Limits
Elementary School:
Timberline
Middle School:
Timberline
High School:
Skyline
School District:
ST Vrain Dist RE 1J
Property Description
A complete duplex investment opportunity in sound condition w/ solid financials & returns. This one ticks several boxes incl, condition, location, and expenses & income to ensure excellent returns, located in a community w/ a perennially solid economic foundation & historic appreciation. Available are a full accounting of actual expenses and rents at market rates w/ leases ending in May & Aug. Exterior & interior condition is good & deferred maintenance is minimal. Matched w/ a 5.62 CAP rate, this property represents an excellent addition to an investment portfolio. 24hr notice to show.
Exterior Features

Architectural Style Ranch Construction Materials Brick/Brick Veneer Horse YN No Other Parking Parking Per Unit(1 Space/Unit) Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryer Basement None Cooling Ceiling Fan(s) Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features Eat-in Kitchen Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 784 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 784 Unit2 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.68 Ditches Active YN No Electric ElectricCity of Longmon Exclusions Tenants' possessions Gas Natural GasXcel Gross Income 34980 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Longmont Net Operating Income 30670 New Construction YN No Operating Expense 4310 Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 2038 Tax Year 2022 Tenant Pays DepositGasElectricity Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Longmont Zoning Mutli

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Paul Dart of RE/MAX of Boulder, Inc: 3039315198.



© 2023 Information and Real Estate Services, LLC. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or SW Team | RE/MAX Alliance. Data last updated: 2023-12-08T17:43:15.03.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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