55+ Community Ranch
1620 16th Pl Longmont, CO 80501
1620 16th Pl, Longmont, CO, 80501
$554,500
For Sale
$554,500
CONDOS - Contemporary - Longmont, CO
Property Size2,918 SF
Lot Size0.11 Acres
Price / SF$190.03
Days on Market21
Property Features for 1620 16th Pl
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Zoning
- RES
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Game Room, Bedroom 3, Dining Room, Bathroom 3, Basement, Laundry Room, Bathroom 2, Laundry Room, Bathroom 1, Bedroom 1, Bedroom 2
- Window features
- Window Coverings
- Patio and Porch features
- Patio
- Interior features
- Separate Dining Room, Open Floorplan, Washer/Dryer Hookup
- Basement
- Partially Finished, Full
- Appliances
- Electric Range, Dishwasher, Washer, Dryer, Microwave, Disposal
- Standard status
- Active
- APN
- R0112477
- Size
- 2,918 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3132
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Humidity Control (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1993
- Floors in Building
- 1
- Building materials
- Frame, Brick
- Roof type
- Composition
- Architectural style
- Contemporary
Listing agency
RE/MAX Alliance-Lsvl
(303) 666-6500
Listed by
Christopher Ermold · License #FA40006329
(303) 664-6512
Added: Jul 1 Updated: Jul 20 at 12:22PM Checked: Jul 21 at 8:06AM
MLS# 1063407
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This ranch-style condo in a 55+ community offers a spacious open floorplan and thoughtful accessibility features. On the main level, it includes 2 bedrooms and 2 bathrooms, highlighted by a generous primary suite with a large walk-in closet and an ADA-accessible walk-in shower. The updated kitchen features granite countertops and opens to the living and dining areas. A covered private patio overlooks a landscaped yard with no neighbors behind, and wheelchair-accessible doorways run throughout the home.
The attached 2-car garage provides everyday convenience and additional storage. The fully finished basement expands the home’s flexibility with a large recreation room, an additional bedroom, and a 3/4 bathroom. At 2,918 square feet on a 0.11-acre lot, the property also includes newer Anderson windows and a sliding patio door, updated flooring, granite countertops in the kitchen and bathrooms, and a regularly serviced furnace and A/C.
Major HOA improvements are already completed, including exterior painting and roof replacement, helping minimize exterior maintenance going forward. The property is located at 1620 16th Pl, Longmont, CO 80501, with zoning identified as RES.
The attached 2-car garage provides everyday convenience and additional storage. The fully finished basement expands the home’s flexibility with a large recreation room, an additional bedroom, and a 3/4 bathroom. At 2,918 square feet on a 0.11-acre lot, the property also includes newer Anderson windows and a sliding patio door, updated flooring, granite countertops in the kitchen and bathrooms, and a regularly serviced furnace and A/C.
Major HOA improvements are already completed, including exterior painting and roof replacement, helping minimize exterior maintenance going forward. The property is located at 1620 16th Pl, Longmont, CO 80501, with zoning identified as RES.
Key Highlights
- Ranch home in Longmont’s 55+ community (West Point Village), built in 1993 with a contemporary design
- Premium lot with no neighbors behind and a huge covered private patio overlooking a landscaped yard
- Main level offers 2 bedrooms and 2 bathrooms, including a primary suite with a walk‑in closet and an ADA‑accessible walk‑in shower
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.8k | $17.40 |
| − Vacancy | −$2.8k | −$0.96 |
| EGI | $48.0k | $16.44 |
| − OpEx | −$14.4k | −$4.93 |
| NOI | $33.6k | $11.51 |
2,918 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$479.8K
$419.8K – $559.7K
NOI $33,583 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$440.6K
$385.5K – $514.0K
NOI $30,841 @ 7.0% cap · market cap 5.56%
Theoretical Best
Office B
$531.8K
$465.3K – $620.4K
NOI $37,226 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Ranch-style condo with covered private patio, main-level 2 bedrooms, and a fully finished basement for additional living space.
Where is this duplex located?
The property is located at 1620 16th Pl Longmont, CO.
What is the asking price?
The asking price for this property is $554,500.
What are key features of this property?
This property features: Ranch home in Longmont’s 55+ community (West Point Village), built in 1993 with a contemporary design; Premium lot with no neighbors behind and a huge covered private patio overlooking a landscaped yard; Main level offers 2 bedrooms and 2 bathrooms, including a primary suite with a walk‑in closet and an ADA‑accessible walk‑in shower
