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Longmont, CO 80501 1434 12th Ave

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  • MLS# 1052977
  • 03/05/2026
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  • Beds • 6
  • Baths • 3
  • SQFT • 2,389

Home Details

Rare opportunity to own a proven-performing, high-demand duplex with loyal tenants, strong rental history, and immediate income upside - perfect for hands-off investors seeking reliable cash flow AT OVER A 6-CAP!! Both units are leased to long-term tenants: one on Section 8 ($2,000/mo, through Dec 2026), the other at $2,150/mo (through Nov 2026). The detached four-car garage adds additional value and even more income upside. Only one single-bay is included with 1436. A separate tenant rents the double-bay rented separately for $250/mo. The final single bay is currently used by the sellers but will be delivered vacant at closing for instant income potential or additional tenant perks. Both tenants want to renew at the end of their current leases, have a strong track record of on-time payments, and take excellent care of their units. Vacancy has been virtually nonexistent for years, and when past tenants have vacated, the Sellers have always found new tenants quickly, underscoring the property's appeal and strong local demand. Interiors are dated, presenting a straightforward value-add opportunity: cosmetic updates can boost rents and long-term returns. Key systems and appliances are believed older but functional, with no major issues reported. Stable income, low vacancy risk, and clear upside make this an ideal portfolio addition. **The Punchline: Turnkey income, loyal tenants, and untapped upside-all in one package at a Cap Rate of over 6.25!! Reach out today for rent roll and financials. Showings available 11AM-3PM Sunday 03/15, but don't wait. The Seller reserves the right to accept an offer at any time. The numbers speak for themselves!
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Interior Features for 1434 12th Ave

Other Interior Features

LivingAreaSourceOther
BasementCrawl Space
FlooringWood
Interior AmenitiesEat-in Kitchen, Separate Dining Room, Washer/Dryer Hookup

General for 1434 12th Ave

AppliancesElectric Range, Double Oven, Refrigerator, Washer, Dryer
Architectural StyleContemporary
AttributionContact7204414815
Cap Rate6.38
CityLongmont
Construction MaterialsBrick
CoolingCentral Air
CountyBoulder
DisclosuresSeller's Property Disclosure, Lead Paint
ElectricXcel
Elementary SchoolMountain View
ExclusionsTenants' Personal Property
Expected Active Date 2026-03-11
Gross Income52800
HOANo
HeatingForced Air
High SchoolLongmont
High School DistrictST Vrain Dist RE 1J
Lease Amount FrequencyYear Lease
LevelsOne
MLS AreaLongmont
Middle/Junior High SchoolLongs Peak
Net Operating Income41447
New ConstructionNo
Number Of Units Total2
Operating Expense11353
Parcel NumberR0043456
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLongmont Land Co 1
Tax Annual Amount3553
Tax Year2025
Tenant PaysNone
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity
Year Built1962
ZoningR3

Exterior for 1434 12th Ave

Exterior AmenitiesSprinkler System
FencingChain Link
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, House Faces South, Paved, Curbs, Gutters, Sidewalks, Street Light
Lot Size Acres0.21
Lot Size Area8999
Other Parking2 Spaces/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking5
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Longmont High School
Middle School Longs Peak Middle School
Elementary School Mountain View Elementary School

Nathan Washam

Broker/Owner
Price $650,000
MLS#1052977
List Date 03/05/2026
Property Type Income
Phone 970.988.8295
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