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3043 17Th Ave Longmont, CO 80503

For Sale
$2,000,000

Eight-unit property, prime Longmont location.

Property size:
7,876 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional eight-unit multifamily investment property, located at 3043 17th Avenue in Longmont, Colorado, presents a compelling opportunity for discerning investors. Built in 1971, this well-maintained property boasts 7,876 square feet and offers all large two-bedroom units, providing substantial rental income potential. Convenient on-site storage and coin-operated laundry add to the property's appeal and enhance resident convenience. The property's strategic location in north Longmont, east of Hygiene and south of McIntosh Lake, provides residents with easy access to a wealth of retail, entertainment, and dining options. Its proximity to Downtown Longmont, Boulder, and other major employment centers ensures high occupancy rates and strong rental demand. The property benefits from excellent connectivity to major transportation arteries, including Highway 66, providing direct access to Interstate 25 and scenic routes to Lyons and Estes Park. A significant advantage is the availability of a loan assumption for qualified buyers, featuring a fixed interest rate of 3.77% until June 2030, subject to Freddie Mac Borrower Requirements. This attractive financing option, coupled with the property's desirable unit mix and coveted location, positions this investment for strong returns, capital appreciation, and long-term stability, further enhanced by Longmont's continued growth fueled by Boulder County's expansion. This is a rare opportunity to acquire a well-positioned multifamily asset with significant upside potential.

Property Features for 3043 17Th Ave

General Information

Property type
Residential income properties
Square Feet
7,876 SF

Building Details

Year Built
1971

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Krolik Creations Website Designer

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Longmont
County
Boulder
State
Colorado
Longitude
-105.1447
Latitude
40.18827

FAQs

What type of property is this?
Residential income property - Eight-unit property, prime Longmont location.
Where is this residential income property located?
The property is located at 3043 17Th Ave Longmont, CO.
What is the asking price?
The asking price for this property is $2,000,000.
More about this property
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