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Kevin Schumacher

kevin@kevinsellsco.com +1(970) 396-7248

$ 850,000

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1351 Sumner Longmont, CO 80501

3,876 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,876 sqft

Subdivision Loomiller

MLS Listing ID IRE8001555

HOA Y/N No

Year Built 1985

Annual Tax Amount $5,504

Tax Year 2025

Source ires

Property Description

MODUS Commercial Real Estate is pleased to present 1351 Sumner Street, a four-unit multifamily investment opportunity on a corner lot at 14th Avenue and Sumner Street in central Longmont - one of Colorado's most desirable 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 washers and dryers, air conditioning, furnaces and individual water heaters. Gas and electric are separately metered, and the property includes six off-street parking spaces this asset provides a low-maintenance operating profile for an incoming owner. The property has shown a history of strong occupancy renting at $1,600 per month. To deliver the building fully leased to a new owner, all four units are currently leased month-to-month at $1,500. This gives a buyer immediate upside: moving rents to the proven $1,600 market rate upon takeover, adding $4,800 in annual income with no capital investment required.

Location

State CO

County Boulder

Community Loomiller

Area Longmont

Interior

Heating Forced Air

Cooling Central Air

Exterior

Parking Features Off Street

Garage Spaces 6.0

Utilities Available Natural Gas Available

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

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

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by John Adams

Nearby Locations

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Kevin Schumacher

+1(970) 396-7248

kevin@kevinsellsco.com

Kevin Schumacher

1351 Sumner Longmont, CO 80501

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1351 Sumner