1402 9th Ave, Longmont, CO 80501
- $599,000
- 4
- BD
- 4
- BA
- 2,297
- SqFt
Courtesy of Tri-County Associates . mike.wingfield@iCloud.com
- List Price
- $599,000
- Status
- ACTIVE
- MLS#
- 9922886
- Subtype
- Residential
- Year Built
- 1910
- Bedrooms
- 4
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 2,297
- Lot Size
- 13,591
- Acres
- 0.31
- Subdivision
- Longmont
Property Description
All Remarks are per the Estate Representative / CPA: Excellent Owner Occupied Property with Proven Rental Income History. $75,000 new seller improvements made to main house and ADU cottage. There has been $2,400 of monthly rental income in the main house plus an owner-occupied unit in the main house. The separate cottage ADU hasn't been rented in about 20 years, so current rental values on a completed ADU would add an estimated $1,200-$1,400 a month. The cottage ADU has had substantial improvements and only needs a new kitchen and bathroom to prepare it for rent. The past $2,400 monthly rental income plus the estimated cottage rental income could generate $3,600-$3,800 before any rent adjustments. There is also a great owner occupied space to live there and have the house payment be almost entirely paid for or even positive cash flow with the right down payment and the right owner. New Kitchen - Main House / New VLP flooring Main House & ADU / New Sheetrock Main House & ADU / New Paint Main House & ADU / New Roof - ADU / Refinished Hard Wood floors - Main House / New wood finishes and other improvements.
/u.realgeeks.media/sresmo/header.png)
Additional Information
- Interior Features
- Ceiling Fans, Eat-In Kitchen, High Ceilings, High Speed Internet, Pantry
- Taxes
- $3,027
- Flooring
- Carpet, Laminate, Vinyl, Wood
- Appliances
- Dryer, LP Gas Water Heater, Microwave, Refrigerator, Washer
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- Room
- Levels
- Two
- Roof
- Composition
- Garage Spaces
- 1
- School District
- St. Vrain Valley RE-1J
- Elementary School
- Mountain View
- Middle School
- Longs Peak
- High School
- Longmont
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions