$850,000

Quadruplex In Longmont

  • 3,876 Sqft
  • Updated: Today
  • Source:
    REcolorado  MLS#8001555

About the Property

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 a
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.
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  • Property type

    Other

  • Year built

    1985

  • Price/sqft

    $219

Features

  • Investment Property
  • Air Conditioning
  • Washer Dryer
  • Parking
  • Gas Stovetop

Explore the Area

1351 Sumner Street, Longmont, Colorado, United States View on Google Maps
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MODUS Real Estate - DENVER

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MODUS Real Estate - DENVER
Colorado, United States
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11
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2025
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MODUS Real Estate - DENVER
DENVER, Colorado, United States
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Last updated
Today
First listed
September 29
Listing reference
8001555
Listing status
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