1351 Sumner, Longmont, CO 80501
1351 Sumner, Longmont, CO 80501
1351 Sumner, Longmont, CO 80501
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$850,000
Est. payment /mo
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3,876 SqFt
Pending

1351 Sumner Longmont, CO 80501

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Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 3,876 sqft

Subdivision Yeager West Point 2

MLS Listing ID IRE1070127

HOA Y/N No

Year Built 1985

Annual Tax Amount $5,510

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Source ires

Property Description

MODUS Commercial Real Estate is pleased to present1351 Sumner Street, a four-unit multifamily investmentopportunity on a corner lot at 14th Avenue and SumnerStreet in central Longmont - one of Colorado's mostdesirable secondary markets.The asset consists of four identical two-bedroom /one-bath units of approximately 950 square feet each.Units are in excellent condition, with in-unit washersand dryers, air conditioning, furnaces and individualwater heaters.Gas and electric are separately metered, and theproperty includes six off-street parking spaces thisasset provides a low-maintenance operating profilefor an incoming owner.The property has shown a history of strong occupancyrenting at $1,600 per month. To deliver the building fullyleased to a new owner, all four units are currentlyleased month-to-month at $1,500. This gives a buyerimmediate upside: moving rents to the proven $1,600market rate upon takeover, adding $4,800 in annualincome with no capital investment required.

Location

State CO

County Boulder

Community Yeager West Point 2

Area Longmont

Zoning R3

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Appliance No Units Furnished

Exterior

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Improvements No

Garage No

Building

Water Public

Level or Stories Two

Structure Type Brick

New Construction false

Schools

Elementary Schools Mountain View

Middle Schools Longs Peak

High Schools St Vrain Dist Re 1J

School District St Vrain Dist Re 1J

Others

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Skyler Moore

NEARBY SCHOOL & BUSINESS

The Blonder Group
The Blonder Group

Realtors License ID: FA100080134

+1(970) 305-5775 | homes@theblonders.com

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1351 Sumner