Longmont, CO 80503,1714-1716 Cambridge DR

$560,000

$600,000

6.7%
Est.Price: ?

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Est. payment /mo

7,840 Sqft Lot


SOLD DATE : 01/31/2025

Key Details

Sold Price $560,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Longmont Village

MLS Listing ID IR1017300

Sold Date 01/31/25

HOA Y/N No

Originating Board recolorado

Year Built 1977

Annual Tax Amount $2,889

Tax Year 2023

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Duplex

Property Description

Introducing a prime multi-family investment opportunity in Boulder County located at 1714 - 1716 Cambridge Drive in Longmont, Colorado. This 2,046 square foot ranch style duplex consists of two, 2 bedroom, one bathroom ranch style homes that were originally constructed in 1977. Each unit contains a fireplace, a large kitchen with a laundry area, and an attached one car garage, as well as front and rear outdoor spaces. There is one month to month leases for $1200 per month & 1 leased until 04/30/25 at $1700 per month. Electric and natural gas are separately metered, and are the tenant's responsibility. With prices constantly on the rise, now is the time to invest in the Longmont area, and this property presents an excellent prospect for a multi-family/duplex investor trying to get their foot in the door before it is too late!

Location

State CO

County Boulder

Zoning R-MF

Rooms

Basement None

Interior

Heating Forced Air

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Longmont Estates

Middle Schools Longs Peak

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by RE/MAX Elevate • 3037722222
Bought with RE/MAX of Boulder, Inc
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600 East Hopkins Ave Suite 304, Aspen, Colorado, 81611, United States

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