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About This Home
This 4-bedroom, 2-bathroom residential multi family at 938 Kelly Pl in Longmont, CO is listed for $530,000 ($255 per sqft). Built in 1977, the home offers 2,080 sqft of living space on a 0.22 acres lot.
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!
Key Features
- Built in 1977
- 0.22 acre lot
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,835/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
938 Kelly Pl
Longmont, CO 80501
Horizon Pkwy
Features & Amenities
Interior Features
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom residential multi family at 938 Kelly Pl is listed at $530,000 ($255/sqft). The estimated monthly payment is $2,297 based on 20% down at 6.5% interest.
Key features include: Built in 1977, 0.22 acre lot, 2 parking spaces. Interior Features: Eat-in Kitchen, Washer/Dryer Hookup, High Ceilings.
This property is listed by Katie Muller and can be reached at 3038750221 or katie@mullergroup.info.
