40.194317 -105.11412
1933 Lincoln Street Longmont CO 80501 237698348 40.194317 -105.11412 30105 /listing/237698348-151082055/1933-lincoln-street-longmont-co-80501 False 0 665000.0 3040 105 102 10 6 5267525 False 1979 0.12 0.12

1933 Lincoln Street

Longmont, CO 80501 MLS# 5267525

Closed 04/26/19

237698348 True False 40.194317 -105.11412 30105 /listing/237698348-151082055/1933-lincoln-street-longmont-co-80501 False 0 665000.0 3040 105 10 6 5267525 False 47188447 0
$665,000
MLS# 5267525
Closed 04/26/19
  1. Listed on 04/26/19
  • 10 Bedrooms Beds
  • 6 Bath Baths
  • 3,040 Square Feet Sq.Ft
  • 0.12 Acres
  • 1979 Year Built Yr. Built
1933 Lincoln Street Longmont, CO 80501 MLS# 5267525
Closed 04/26/19
237698348 40.194317 -105.11412 30105 /listing/237698348-151082055/1933-lincoln-street-longmont-co-80501 False 0 665000.0 3040 105 10 6 5267525 False
$665,000
  • 10 Bedrooms
  • 6 Bath
  • 3,040 Square Feet
  • 0.12 Acres
  • 1979 Year Built
  1. Listed on 04/26/19
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Description

Excellent find! REMODELED duplex backing to park. Two 5 bedroom/3 bath units w/ lots of space. Renters beat down your door looking for a place with 5 Bedrooms! Location is key w/ mountains, open space, & parks. Natural light, fresh upgrades, and balcony overlooks the mountains- GREAT views of Longs Peak and Front Range! Getting $2195 for each side = $4390/month! Each on separate 1yr leases. Separate metering, washer/dryer in both units & tenants pay ALL utilities except H2O so super low ops cost. Everything newer- carpet/pad, cabinets, granite counters, tile, stainless steel appliances, bath fixtures, ext/int paint. With remodel & low long term maintenance costs your cash flow & ownership calcs are a synch! Come get your 7+ CAP rate NOW! Run your comps... cash flow from day 1! Located across from Carr Park & backing to open space & Longmont Dog Park has tremendous appeal to renters. Stop waiting & get this one into your investment portfolio before someone beats you to it!

Courtesy Of Your Castle Real Estate Inc
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Structure Type: Duplex
  • Levels: Multi/Split
  • Beds: 10
  • SqFt Finished: 3040
  • SqFt Above: 2080
  • PSF Total: 218.75
  • PSF Finished: 218.75
  • PSF Above Grade: 319.71
  • Year Built: 1979
  • Construction Materials: Brick, Frame, Wood Siding
  • Special Listing Conditions: None Known
  • Ownership: Corporation/Trust
  • Possession: Closing/DOD
  • Stories: 3
Interior Features
  • Number Of Units Vacant: 1
  • Appliances: Oven, Refrigerator, Dishwasher
  • Exclusions: Tenants personal property, Washer(s), Dryer(s)
Unit Info
  • 4+ Bedroom
  • Number of Units: 1
  • Bathrooms: 2
  • Refrigerators: 1
  • Stoves: 1
  • Unit Type: 4+ Bedroom
  • Average SqFt: 1520.00
  • Dishwashers: 1
  • Hookups: 1
  • Parking Per Unit: 3
Room Details
  • Basement: Finished, Interior Entry/Standard, Full
  • Basement YN: Y
  • Basement Percent Finished: 100
Parking/Garage
  • Off-Street
  • Parking Type: Off-Street
  • Parking Spaces Number Of: 3
  • Total Carport Spaces: 0
  • Total Offstreet Spaces: 6
  • Total Reserved Spaces: 0
  • Parking Total Searchable: 6
  • Parking: Off Street
  • Total RV Spaces: 0
Community/Neighborhood Information
  • Walk Score: 41
HOA
  • HOA YN: N
Financial Considerations
  • Annual Expenses: 5032
  • Net Operating Income: 47648
  • Annual Income Proj: 52800
  • Annual Net Income Proj: 47768
  • Tax Amount: 2132.00
  • Annual Water Expense: 1800
  • Gross Income: 52680
  • Cap Rate: 7.50
  • Potential Rental Income Annual: 52680
  • Tax ID: R0075232
  • Operating Expense Includes: Insurance, RealEstateTax, Utilities
  • Annual Expense Proj: 5032
  • Real Estate Taxes: 2132
  • Gross Operating Income: 52680
  • Insurance Expense: 1100
  • Tax Year: 2018
Utilities & Green Home Features
  • Cooling: None
  • Heating: Electric, Baseboard
Exterior & Lot Features
  • Roof: Composition
  • Zoning: MLT FAM DWLG
Schools Near 1933 Lincoln Street Longmont, CO
District: St. Vrain Valley RE-1J
Schools: Northridge, Longs Peak, Longmont
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2755 S LOCUST ST STE 150

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2755 S LOCUST ST STE 150

DENVER, CO 80222
(303) 775-8744 (303) 962-4272
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