345 Colony Place Longmont, CO ^$ 630,000

345 Colony Place

^$ 630,000

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345 Colony Place

Longmont, CO, 80501

^$ 630,000

Bedrooms6 Baths4.0 Sq 2,688

Monthly Estimate*

^$ 4,401

Listed by Atlas Real Estate Group

345 Colony Place, Longmont, CO 80501 - Image 1

Multi-Family Home for sale in Longmont, CO

for $630,000 with 6 bedrooms and 4 full baths. This 2,688 square foot home was built in 1978 on a lot size of 0.17.

Introducing a remarkable investment opportunity in the heart of the path of development! This duplex not only boasts a prime location but also presents itself as a mostly turnkey property, making it an ideal investment for savvy buyers. Nestled in a sought-after neighborhood, the duplex offers easy access to vibrant city life, schools, parks, and essential amenities. With its traditional design and legal zoning, this property is truly passive investment. Both units feature great layouts and renters that want to stay. The duplex promises not only a comfortable living space but also a lucrative investment opportunity, providing dual rental income or the flexibility to reside in one unit while leasing out the other. Don't miss out on this chance to secure a valuable asset in a prime location, offering both immediate returns and long-term appreciation. Act fast and make this duplex your next successful investment!

Multi-Family Active

Price

^$ 630,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,501

Style

Traditional

Lot Size

0.17

Year Built

1978

Town/City

Longmont

County/Region

Boulder

MLS | Web ID

4670949

Features

General

Sewer Public Sewer

Heating Baseboard

Cooling Other

Possession Closing/DOD

Roof Composition

Exterior Features Private Yard

Zoning MLT FAM DWLG

Garage Spaces 2

Architectural Style Traditional

Construction Materials Frame

Exclusions Tenants personal property

Year Built 1978

Tenant Pays Cable TV Electricity Gas Internet

Levels Two

Property SubType Duplex

Tax Year 2022

Percent Ownership Individual

Gross Income 45540

County Boulder

Operating Expense 13073

Property Type Residential Income

HOA / Comm Assn N

Attached Garage Y

Subdivision Name Coyle Sailer

Facing Direction East

Status Active

High School Skyline

City Longmont

Buyer Agent Compensation 2.8

Senior Community Y/N N

High School District St. Vrain Valley RE-1J

Lot Size Square Feet 7321

Carport Spaces 0

Street Name Colony

Listing Terms Cash Conventional VA Loan

Elementary School Columbine

Tax Annual Amount 2501

Home Warranty Y/N N

Middle/Junior High School Trail Ridge

Property Condition Model

Structure Type Duplex

Standard Status Active

Occupancy Description Tenant

Middle/Junior School District St. Vrain Valley RE-1J

Elementary School District St. Vrain Valley RE-1J

Cap Rate 4.8

Buyer Agent Compensation Type %

Interior

Basement Unfinished

Common Walls 1 Common Wall

Basement (Y/N) Y

Above Grade Finished Area 1792

Street Suffix Place

Total Bedrooms 6

Below Grade Finished Area 0

Total Baths 4

Exterior

Fencing Full

Parking Features Exterior Access Door

Lot Features Corner Lot Cul-De-Sac

Water Source Public

Total Parking 2

Lot Size Area 7321

Building Area Total 2688

Lot Size Acres 0.17

Lot Size Units Square Feet

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 345

* Excluded Features

List By

Atlas Real Estate Group

Broker

(303) 710-6874

Phone

Affordability Calculator

$4,609

Per Month

Monthly Principal & Interest: $4,401
Monthly Property Taxes: $208
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Longmont, CO

Average List Price ^$670,400

Percent of Sale Price 6%

About Longmont, CO

95,205 Population

31% Since 2002

^$64,602 Median Income

39.12 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1922568 Elementary School

910863 Middle School

Skyline High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/9/2024	$630,000		Listed Price

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345 Colony Place, Longmont, CO, 80501 is a Multi-Family Home for sale at $630,000 with 2,688 sqft and a lot size of 0.17. 345 Colony Place has 6 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 80501 which is in Longmont, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/30/2024.

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345 Colony Place

Multi-Family Home for sale in Longmont, CO

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