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1714-1716 Cambridge Dr, Longmont, CO 80503

$560,000

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Sold Price: $560,000
List Price: $600,000
Closing Date: Jan 31, 2025
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: IR1017300
Year Built: 1977

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Property Description

Introducing a prime multi-family investment opportunity in Boulder County located at 1714 - 1716 Cambridge Drive in Longmont, Colorado. This 2,046 square foot ranch style duplex consists of two, 2 bedroom, one bathroom ranch style homes that were originally constructed in 1977. Each unit contains a fireplace, a large kitchen with a laundry area, and an attached one car garage, as well as front and rear outdoor spaces. There is one month to month leases for $1200 per month & 1 leased until 04/30/25 at $1700 per month. Electric and natural gas are separately metered, and are the tenant's responsibility. With prices constantly on the rise, now is the time to invest in the Longmont area, and this property presents an excellent prospect for a multi-family/duplex investor trying to get their foot in the door before it is too late!

(303) 522-8226

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Additional Information

Lot Size Acres: 0.18
Lot Size Sq Ft: 7,876
Tax Amount: $2,889
Water Source: Public
Sewer: Public Sewer
Basement Type: None
Heating: Forced Air
School District: St. Vrain Valley RE-1J
Elementary School: Longmont Estates
Middle Or Junior School: Longs Peak
High School: Longmont