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Jacqueline Fazendin

jacqueline.fazendin@engelvoelkers.com +1(612) 481-1955

$ 530,000

Est. payment -/mo

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938 Kelly PL Longmont, CO 80501

2,080 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $254

Subdivision Horizon Pkwy

MLS Listing ID IR1058785

HOA Y/N No

Year Built 1977

Annual Tax Amount $3,607

Tax Year 2025

Lot Size 9,625 Sqft

Acres 0.22

Property Sub-Type Duplex

Source recolorado

Property Description

Some investment listings make you do the math. This one makes the math obvious. Two units, two garages, two private backyards (with sprinklers!), and 21 years of rental history with a combined 11 weeks of vacancy - read that again. Projected rents land between $3,600 and $3,700 a month combined, putting this at a 6.7% cap rate at list. For investors, that's already worth a call. For house-hackers, it's better: live in one side, let the other side's $1,850 cover most of your mortgage, and build equity on someone else's rent check. Both tenants vacate by August 1 - the new owner walks into a clean slate to re-lease at market, move in, or both. The 938 side has newer floors, windows, a Nest thermostat, AC, and a new water heater. The 940 side has new can lights, switches, and a 2020 water heater. A rare find with versatility, value, and strong upside in a desirable location!

Location

State CO

County Boulder

Zoning RES

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen, No Stairs

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Fireplace Y

Appliance Dishwasher, Disposal, Oven

Laundry In Unit

Exterior

Fence Partial

Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Level

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Northridge

Middle Schools Longs Peak

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.listingsmagic.com/282600

Listed by RE/MAX of Boulder, Inc

NEARBY SCHOOLS & PROPERTIES

Jacqueline Fazendin

Advisor

+1(612) 481-1955

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