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William Watson

bill@watsonrg.com +1(720) 463-0002

$599,000

Est. payment - /mo

4 Beds

4 Baths

2,297 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,297 sqft

Price per Sqft $260

Subdivision Longmont

MLS Listing ID 9922886

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1910

Lot Size 0.312 Acres

Acres 0.31

Property Sub-Type Single Family Residence

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.

Location

State CO

County Boulder

Direction South

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, High Ceilings, High Speed Internet, Pantry

Heating Forced Air, Natural Gas

Cooling Air Conditioning-Room

Flooring Carpet, Laminate, Vinyl, Wood

Appliance Dryer, Gas Water Heater, Microwave, Refrigerator, Washer

Exterior

Garage Spaces 1.0

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Lot Description Corner Lot

Faces South

Story Two

Sewer Public Sewer

Water Public

Schools

School District Elementary: St. Vrain Valley Re-1J, Middle/Junior: St. Vrain Valley Re-1J, High: St. Vrain Valley Re-1J

Others

Senior Community No

Tax ID R0047233

Special Listing Condition None Known

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Listed byTri-County Associates

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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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1402 9th AVE Longmont, CO 80501