220 9th Avenue Longmont, CO $ 1,170,000
220 9th Avenue
$ 1,170,000
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220 9th Avenue

Longmont, CO, 80501
$ 1,170,000
Baths0.0 Sq 3,962

Monthly Estimate*

$ 7,776

Listed by Pinnacle Real Estate Advisors
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Studio

Commercial Property for sale in Longmont, CO

for $1,170,000. This 3,962 square foot building was built in 1898 on a lot size of 0.34.

220 9th Ave is a rare opportunity to own a historic multi-family building in the heart of Longmont. It sits on a large corner lot with a massive yard, mature trees, and gardens. The unit mix consists of (2) Studios, (2) 1 Br/1Ba, and (1) Large 2Br/1Ba units. The property offers very unique layouts, with exposed brick and tons of character, and is perfect for tenants who want to be walking distance to all that Downtown Longmont has to offer. New developments in downtown Longmont include the South Main Station which delivers light rail, new housing, restaurants, breweries, retail, and entertainment. Sophisticated finishes including hardwood flooring, exposed brick, updated appliances. Renovated in 2021-2023 with luxury finishes in kitchens & bathrooms, and updated plumbing. Off street parking available to tenants. Community yard/patio for outdoor amenity and BBQ space. Opportunity for owner occupant to cash flow and live rent free. Capital improvements: roof, plumbing, water heater. Walking distance to Main Street's entertainment, shopping and restaurants.

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Commercial Active

Price

$ 1,170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,496

Style

Victorian

Lot Size

0.34

Year Built

1898

Town/City

Longmont

County/Region

Boulder

MLS | Web ID

8367120

Features
General
Sewer Public Sewer
Zoning R-MN
Garage Spaces 0
Architectural Style Victorian
Year Built 1898
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Gross Income 90071
Building Name The Kitely
County Boulder
Operating Expense 20032
Property Type Commercial Sale
Attached Garage N
Status Active
City Longmont
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 5
Lot Size Units Square Feet
Lot Size Square Feet 14630
Carport Spaces 0
Street Name 9th
Tax Annual Amount 4496
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 5.99
Buyer Agent Compensation Type %
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Exterior
Total Parking 8
Lot Size Area 14630
Building Area Total 3962
Lot Size Acres 0.34
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 220
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9543

Phone

Affordability Calculator

$8,151
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,776
Monthly Property Taxes
$375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$1,170,000 Listed Price

Map


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220 9th Avenue, Longmont, CO, 80501 is a Commercial Property for sale at $1,170,000 with 3,962 sqft and a lot size of 0.34. 220 9th Avenue is a studio with 0.0 baths and was built in 1898. The property's zip code is 80501 which is in Longmont, CO