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2330 Wedgewood Ave

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Address: 2330 Wedgewood Ave, Longmont, CO 80503, USA

Phoenix & Southwest + 2-4 Units

Created date: October 14, 2024

Date last updated: October 23, 2024

Property Description

Come take a look at this great investment opportunity in Northwest Longmont! This 4-plex is conveniently located off of Hover Street and is near many city parks and popular locations in the City of Longmont such as McIntosh Lake, Dawson Park, Garden Acres Park, and more! This 4-plex is Building 1 of a 14 building complex with a HOA that manages and maintains the lawn, neighborhood open space and playground, and even snow removal up to each unit's sidewalks! The Sellers have owned this 4-plex since 2009 and have a strong and reliable history of rental income from this property. Currently the Sellers are renting each unit at a 0% vacancy rate! The Sellers have kept this building well maintained and the roof was just replaced in 2023. Each unit is 2 bedrooms with 1 bath and includes both a 1 car garage space and 1 car exterior parking space. Please reach out for more information and to coordinate a showing. Showings are for qualified Buyers only with a minimum of 24 hours notice out of respect for all tenants.

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Broker Details

John Feeney

C3 Real Estate Solutions, LLC 970-231-4172 MLS ID: P16201

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$950,000
No. of Units:	4
Cap Rate:	6.03%
GRM /GIM:	13.89
Average Occupancy:	100
Year Built:	1975
Building Size:	3,532 Sq ft
Lot Size:	2.59 Acres
No. of Stories:	2
APN:	1205294-13-001
Zoning Code:	R-MF
Opportunity Zone:	No
Price per unit:	$237,500
Parking Spaces:	8