1331 Merl Place Longmont, CO $ 885,000
1331 Merl Place
$ 885,000
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1331 Merl Place

Longmont, CO, 80501
$ 885,000
Bedrooms-- Baths-- Sq 3,922

Monthly Estimate*

$ 5,588

Listed by Candy Lynn Christen
1331 Merl Place, Longmont, CO 80501 - Image 1
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Commercial Property for sale in Longmont, CO

for $885,000. This 3,922 square foot building was built in 1978 on a lot size of 0.35.

Exceptional five-unit property in Longmont. Each of the five units features two bedrooms and one bathroom, offering a mix of desirable amenities: some include private backyards, others boast balconies, and one unit comes with an attached two-car garage. Ideally located near Northridge Elementary, Carr Park, and the city dog park.

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Commercial Active

Price

$ 885,000

Property Type

Commercial

Taxes

$ 6,874

Style

Contemporary

Lot Size

0.35

Year Built

1978

Town/City

Longmont

County/Region

Boulder

MLS | Web ID

2929394

Features
General
Sewer Public Sewer
Utilities Electricity Connected
Possession Closing/DOD
Roof Composition
Zoning R-MN
Garage Spaces 0
Architectural Style Contemporary
Security Features Carbon Monoxide Detector(s) Smart Cameras Smart Locks Smoke Detector(s)
Construction Materials Brick
Exclusions Seller and tenant's personal property
Year Built 1978
Electric Single Phase
Tenant Pays Cable TV Electricity Gas Telephone Trash Collection
Stories Count 2
Property Subtype Multi Family
Tax Year 2024
Current Use Multi-Family
Gross Income 88000
County Boulder
Operating Expense 25000
Property Type Commercial Sale
Attached Garage N
Building Features Laundry Storage Wi-Fi
Status Active
Directions Directly west of Northridge Elementary on Merl Place
City Longmont
Number Of Units Total 5
Lot Size Units Square Feet
Lot Size Square Feet 15382
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 6874
Leasable Area 3922
Lease Considered Y/N N
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant
Cap Rate 8.25
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Exterior
Exterior Amenities Balcony Dog Run Garden
Parking Features Asphalt
Lot Features Cul-De-Sac Sprinklers In Front Sprinklers In Rear
Water Source Public
Total Parking 10
Lot Size Area 15382
Building Area Total 3922
Lot Size Acres 0.35
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 1331
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* Excluded Features
List By
Candy Lynn Christen

Broker

(720) 278-4713

Phone

Affordability Calculator

$6,161
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$573
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/7/2026$885,000 Listed Price

Map


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1331 Merl Place, Longmont, CO, 80501 is a Commercial Property for sale at $885,000 with 3,922 sqft and a lot size of 0.35. 1331 Merl Place was built in 1978. The property's zip code is 80501 which is in Longmont, CO