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Linda Ireland, Sales Associate
SOLD
$615,000
Date 05/22/2023

408-410 Atwood Street
Longmont, CO 80501

Triplex
Residence
3,360
Sqft
0.21
Lot Size
Courtesy: JPAR Modern Real Estate Co, 3034333158

Description for 408-410 Atwood Street Longmont, CO 80501

Wonderful Old Town Longmont location, walkable to all the dining, entertainment and amenities Old Town has to offer. Great Opportunity for an excellent cap rate property, many updates done, needs additional updating. Many improvements over the past 8 years: 5 basement egress windows, new roof & electrical entrance '19, new furnaces '16, 410 unit fully updated '16. Great starter investment or addition to existing portfolio, plenty of sweat equity available here. Images show only the updated unit, other 2 units show their age but are well kept by tenants. Rents Clarification: Current Actual Annual Gross Rents: $38,340; Pro-Forma Annual Gross Rents when Fully Updated: $54,000; Current Pro-Forma Annual Gross Rents: $45,600. Please do not visit, walk, enter the property or disturb current tenants (drive by only is fine). Serious buyers only please.

Property Details

IR985755
Triplex, Other
Boulder
1958
0.21 Acres
Public
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Courtesy: JPAR Modern Real Estate Co, 3034333158

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Linda Ireland 29029 Upper Bear Creek Road Suite 104, Evergreen, CO 80439 | Phone: (303) 718-6672 | Email: lindairelandhomes@gmail.com

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