$1,349,800

21 E 4th Ave, Longmont CO 80504

Property Description
4 Bedrooms
6,273 Sqft

Year Built: 1947

Opportunity Zone Special for the savvy investor. Existing Single-family home includes two bedrooms and one bathroom. The existing home has had the same tenant for over 20 years and currently rents for $1744/mo.. The home has a new roof, new gutters and exterior paint, a new water heater, and will undergo significant utility updates with the building of the New Construction Duplex to be built on the lot. The New Construction Duplex will include two one bedroom units with balconies, two car garages, and built energy efficient and with the latest technology. Take advantage of the Opportunity Zone rules and avoid taxes on cash out investments. Total estimated annual gross rent on the finished product is over $57,000. Conditions: 1)Sale of existing property requires signed agreement and down payment towards new construction Duplex. 2) Sales price for existing SFD = $449,900.00 3) Required contract with earnest money for to-be-built Duplex = $899,900.00

About This Property
Residential Income
6,273 Sqft
$1,513
948677
: Not New, Previously Owned
Building Details
: Wood/frame
: Ranch
: Composition
: Refrigerator, Electric Range/oven
Address Map
21 E 4th Ave, Longmont CO 80504
USA
CO
Boulder
Longmont
80504
0
W106° 54' 28.8''
N40° 9' 56.8''
3rd Avenue to Martin Street, North to E. 4th, East to property
Morning Side
Additional Information
1
L16113
LPARA
1
3
2020
Utilities and Services
: Forced Air
: Natural Gas Available, Electricity Available
: City Water, City Of Boulder
: City Sewer
Timberline
Skyline
Timberline

Longmont

Listing ID #948677
Contact Agent
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Right Sidebar Info
Listing Type : For Sale
Price : $1,349,800
Bedrooms : 4
Rooms : 0
Year Built : 1947
Status : A
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