1421 Spruce Ave, Longmont, CO 80501

Property Description

An exceptional investment opportunity awaits in the heart of Old Town Longmont in the historic Bohn Farm neighborhood. Perfectly positioned on a quarter-acre corner lot on a quiet, tree-line street with historic Victorians. This turnkey duplex offers spacious units with 2 bedrooms and 1.5 baths on each side, in two-story layouts with walk-out basements. The perfect opportunity for a HOUSE HACK: live in one unit and utilize the other to off-set your mortgage! Each side has in-unit laundry with an owned washer and dryer for tenant use, private fenced yards with patios and attached 1-car garages, with additional driveway and on-street parking. Unit 1421 was FULLY remodeled in 2024! A new kitchen includes quartz counters, a gorgeous center island, stainless steel appliances and NEW cabinets and hardware, new LVP flooring and new paint interior throughout, mini-split A/C in every room. The main level powder and basement full bathroom have new vanities, mirrors, lighting and plumbing fixtures + more. Unit 1423 has been home to the same tenant for 19 years - presenting immediate rental income with future value-add potential. The exterior was refaced with new siding (partial), new paint and a new front door (1421). Newer double-paned windows and sliders throughout! The yard (1421 was completely landscaped with new trees, new sod, an in-ground sprinkler system and a beautiful swale rock design. Roof was replaced in 2019. Tenants pay all utilities and professional management is already in place for convenience. Walk to restaurants, shops and more in Old Town Longmont! Just blocks from Sunset Golf Course and Pool, Rogers Grove Park, Izaak Walton Park and the St. Vrain Greenway, the location offers unmatched lifestyle appeal. With redevelopment potential and strong rental demand, this property combines charm, stability and future upside. Hurry, this is a one of a kind investment and will not last!