1343 S. Coffman Street, Longmont, CO presents a rare opportunity to acquire a townhome-style fourplex in one of Longmont's most promising growth corridors. This 3,212 sq ft multi-family asset features four spacious 2-bedroom, 1-bath units-each completed with in-unit laundry hookups, and front and back patios. The units open to a… Read More large shared backyard with individual storage sheds, creating a personable living environment for tenants.Positioned on a generous 10,252 sq ft lot, the property includes eight off-street, up front parking spaces, a new roof, and a history of ongoing unit upgrades. Zoned R3, it offers long-term flexibility and value appreciation potential. Requires no flood insurance.Located in the Southmoor Park neighborhood, the property benefits from proximity to parks, schools, shopping, and public transit. It's just minutes from downtown Longmont and sits along the Coffman Street multimodal corridor, a city-backed infrastructure project enhancing walkability, bike access, and transit connectivity. This civic investment is expected to drive continued demand and value growth in the area.With a strong rental history and a location poised for long-term appreciation, 1343 S. Coffman Street is an ideal acquisition for investors seeking stable income today and strategic upside tomorrow. Read Less
Construction Materials: "Frame", Levels: "Bi-Level", Occupant Type: Tenant, Total Area: 3212, Unit Count: 1, Unit Types: "Array", Built in 1971, 4 total units
Expenses
Operating Expense: $31,080
Exterior Features
Patio And Porch Features: "Patio"
Heating
Heating: "Forced Air"
Home Owner's Association
Association Amenities: "Storage"
Income
Gross Income: $1,850, Income Includes: "Rent Only", Net Operating Income: $55,056, Projected Gross Operating Income: $86,136
Utilities: "Cable Available", "Electricity Available", "Internet Access (Wired)", "Natural Gas Available", Utility Metering: Separate Electric, Separate Gas, Water Source: "Public"
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.