Sold
Address
1300 Holly Ave, Longmont, CO
Price
$ 650,000
Property Attributes
  • MLS#1017305
  • TypeIncome
  • Listing Status Sold
  • CountyBOULDER
  • CityLongmont
  • AreaLongmont
  • NeighborhoodMelody Valley 2
  • Zip80501
  • StyleMulti Family
  • Year Built1977
  • Taxes$ 4110
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3204
  • Lot Size0.24 Acres
Data Source:
Information and Real Estate Services (IRES)
Property Description

Introducing an exciting and RARE investment opportunity in Boulder County! 1300 - 1304 Holly Avenue features a 3,204 square foot building with 2, two story units and 1, one-story unit, that are approximately 1,068 square feet each. Originally constructed in 1977, each unit consists of two bedrooms, two bathrooms, and there are three parking spaces in the rear with carports and storage. Landlord pays, water, sewer, and trash and Tenant pays electric and any telecommunications/data or television services. All Leases are MTM and fully leased at below market lease rates this property promises room for future growth. With a great location in the Longmont area, this property is positioned for success in a thriving market. Don't miss out on this promising venture with endless possibilities!

Price History

General Features

Tenant Pays Deposit,Electricity
Year Built 1977
Elementary School Burlington
Levels Bi-Level
New Construction No
Appliances No Units Furnished
Middle/Junior High School Sunset Middle
Property Subtype Multi Family
Parcel Number R0049654
Operating Expense 16358
Cap Rate 5.72
Unit 1304
County Boulder
Close Price 650000
Property Type Residential Income
MLS Area Longmont
Expected Active Date 2024-08-26
Utilities Natural Gas Available,Electricity Available
Subdivision Name Melody Valley 2
Sewer Public Sewer
Electric City
High School District ST Vrain Dist RE 1J
Standard Status Closed
Disclosures None
City Longmont
High School Niwot
Status Sold
Roof Composition
Net Operating Income 39442
AttributionContact 3037722222
Exclusions All Tenant's and Seller's Personal Property.
Possible Use Multi-Family
Tax Annual Amount 4110
Zoning R-MN
Tax Year 2023
Heating Forced Air
Gross Income 55800
Construction Materials Brick
Number Of Units Total 3
HOA No

Interior Features

Basement None
LivingAreaSource Assessor

Exterior Features

Street Suffix Ave
Irrigation Water Rights Y/N No
Days on Market 278
@odata.id https://api.mlsgrid.com/v2/Property('IRE1320597')
Lot Size Acres 0.24
Street Name Holly
ModificationTimestamp 2026-05-30T10:16:38.230Z
Lot Size Area 10493
Waterfront Y/N No
Water Source City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80501

Price
AVG $590K
$650K
Taxes
AVG $5,356
$4,110
Year Built
AVG 1975
1977

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