Listing Courtesy of:
Tri-County Associates
Agency Contact: mike.wingfield@iCloud.com
All Remarks are per the Estate Representative / CPA: Excellent Owner Occupied Property with Proven Rental Income History. $75,000 new seller improvements made to main house and ADU cottage. There has been $2,400 of monthly rental income in the main house plus an owner-occupied unit in the main house. The separate cottage ADU hasnt been rented in about 20 years, so current rental values on a completed ADU would add an estimated $1,200-$1,400 a month. The cottage ADU has had substantial improvements and only needs a new kitchen and bathroom to prepare it for rent. The past $2,400 monthly rental income plus the estimated cottage rental income could generate $3,600-$3,800 before any rent adjustments. There is also a great owner occupied space to live there and have the house payment be almost entirely paid for or even positive cash flow with the right down payment and the right owner. New Kitchen - Main House / New VLP flooring Main House & ADU / New Sheetrock Main House & ADU / New Paint Main House & ADU / New Roof - ADU / Refinished Hard Wood floors - Main House / New wood finishes and other improvements.
Listed By
Agency Name: Tri-County Associates
Agency Contact: mike.wingfield@iCloud.com
Shown By
Agent Name: Alex Tanner
Agent Phone: (719) 272-1462
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 3,377.48 per month $2,950.52 Principal & Interest $252.25 Property Tax $174.71 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1402 9th Avenue | MLS# 9922886
This single family home located at 1402 9th Avenue, Longmont, CO 80501 is currently listed for sale with an asking price of $599,000. This property was built in 1910 and has 4 bedrooms and 4 full baths with 2297 sq. ft. 9th Avenue is located in the Longmont subdivision within the St Vrain Valley RE-1J school district. Search Longmont real estate on alex.thecuttingedgerealtors.com today.