1812 Lincoln Dr, Longmont, CO 80501

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List Price
$525,000
Status
ACTIVE
MLS#
1067747
Year Built
1979
Region
Longmont
Subdivision
Barrett-Klein

Property Description

Well-maintained two-story duplex in Northwest Longmont - and the smartest move-in-ready buy for anyone who wants their home to help pay for itself.One unit has just been remodeled with brand-new luxury vinyl plank flooring and new carpet - move in and make it yours. The other side is already leased at $1,475/month, with the tenant paying water and utilities, so your monthly costs stay low from day one. Occupy the fresh side, let the rent from the other help cover your payment, and step into homeownership with income built in.Each side offers 860 square feet with 2 bedrooms, 1 bath, You'll enjoy a cozy fireplace, covered patios, off-street parking, and a shared yard with a new lawn sprinkler system. Central air, full kitchen appliances, and in-unit washer/dryer round out the comforts. Exterior paint was refreshed in 2020. If it's an owner-occupied two-unit, you may qualify with a low down payment, and the existing rental income can help you qualify for more. This is the house-hack setup buyers ask for and rarely find - turnkey on one side, income on the other. Long term tenant paying $1475 has lease Through June 2027. The available side has been renting for $1750 before updating. Check rentometer. 5 YEAR ADJUSTABLE RATE MORTGAGES AS LOW AS 5.625 WITH HIGH COUNTRY BANK FOR QUALIFIED OWNER OCCUPANTS CALL ASHLEY AT 574-400-3481. RATES WILL VARY BY CREDIT PROFILE

Additional Information

Taxes
$3,353
School District
ST Vrain Dist RE 1J
Elementary School
Northridge
Middle School
Longs Peak
High School
Longmont
Heating
Forced Air
Cooling
Central Air
Utilities
Natural Gas Available, Electricity Available
Tenant Pays
Deposit
Zoning
Duplex

Listing courtesy of Clare Gleason.

3039318111

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