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1402 9th Avenue

Longmont CO 80501

4
4
1
2297 sq. ft.
0.31 ac.
Single-Family
Currently for sale - view listing

Overview

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.

Features

4 bedrooms
4 bathrooms
1 carspace
1 garage space
2297 sq. ft. floor area
0.31 ac. lot size
Single-Family

Happy sellers in Longmont

88%
88% of sellers in Longmont reported that their sale price either exceeded or met their price expectations.

Longmont stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Longmont over the last 12 months.

Local market activity for 4 bedroom single-family properties in Longmont

In the last 12 months, 104 four-bedroom single-family properties similar to 1402 9th Avenue, have been sold.

This represents a 26% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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