Off Market Longmont Duplex!

[Josh Landers]

Tremendous opportunity for a solid brick duplex in Central Longmont with a nice cap rate!

- Each side is 1,047 Sq Ft with 2 Bed/1 Bath/1 Car Garage

-1912 is currently vacant (could rent for $1250/month)

-1914 is occupied by good long time tenants. Month to month, $1100/month

- Asking $435,000. Cash preferred.

- Call/Text Josh at 303-819-1638

Potential Rental Income: $30,000.00 Less Vacancy Rate: 0% Effective Rental Income: $30,000.00 Other Income: Gross Operating Income: $30,000.00 Property Taxes: $2,107.00 Building Insurance: $1,200.00 Utilities: $1,200.00 Common Area Maintenance: Total Operating Expense: $4,507.00 Net Operating Income: $25,.493.00 Cap Rate: 5.86 Gross Rent Mult.: 14.5