1300 Holly AveLongmont, CO 80501

Property Details for 1300 Holly Ave

Year built

1977

Lot size

0.24 AC

Property size (Sq ft)

3,204 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a three-unit apartment building located at 1300-1304 Holly Ave, Longmont, CO 80501, in Boulder County. The property boasts a total of 3,204 square feet, situated on a 0.24-acre lot. Built in 1977, the building is a two-story structure featuring three units, each approximately 1,068 square feet. Each unit includes two bedrooms and two bathrooms. The property offers three parking spaces with carports and storage. The permitted zoning is R-MN Residential Mixed Neighborhood per the City of Longmont. Currently fully leased, this property presents a strong cash flow with potential for future rental increases given below-market lease rates. Landlord responsibilities include water, sewer, and trash services, while tenants are responsible for electricity and telecommunications/data/television services. This well-maintained property represents a rare opportunity in a thriving Longmont market, offering significant potential for long-term growth and return on investment. The property's location in Longmont provides convenient access to local amenities and services. This is a turnkey investment ready for a new owner.

Location Insight

City

Longmont

County

Boulder

State

Colorado

Latitude

40.1449

Longitude

-105.114

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