1550-1566 Terry Street

Longmont, CO 80501

$2,400,000
Price
12
Beds
15
Baths
6,472 Sq. Ft.
$371 / Sq. Ft.
6,472
Sq. Ft.
$371
per Sq. Ft.

Description

Multi-family investment opportunity. This five-unit townhome building is currently under construction for delivery in Spring 2023. Five units with 10-foot ceilings on the main floor, designer finishes, modern floor plans, pet-friendly fenced back yards, and one and two-car garages. The building consists of three two-bedroom units, and two three-bedroom units including one three-story option with inspiring westerly mountain views. No metro district equals lower property taxes compared to other new...Multi-family investment opportunity. This five-unit townhome building is currently under construction for delivery in Spring 2023. Five units with 10-foot ceilings on the main floor, designer finishes, modern floor plans, pet-friendly fenced back yards, and one and two-car garages. The building consists of three two-bedroom units, and two three-bedroom units including one three-story option with inspiring westerly mountain views. No metro district equals lower property taxes compared to other new construction investment options. This is a rare opportunity to secure a top-notch multi-family investment with huge appreciation upside in a great location in rapidly developing north Longmont.
  1. Listed by Karla Brown • The Colorado Group • 3034492131

Amenities

  • Air Conditioning
  • Back Yard
  • Garage
  • Mountain Views
  • Private Outdoor Space

Location

Listing Courtesy of The Colorado Group, Karla Brown
Add your commute
LISTING UPDATED: 02/14/2023 08:18 AM

Property Details for 1550-1566 Terry Street

StatusActive
MLS #972101
Days on Compass243
Taxes$9,125 / year
HOA Fees$220 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeIncome Property
Year Built2023
Lot Size0.30 AC / 13,068 SF
CountyBoulder County

Location

Listing Courtesy of The Colorado Group, Karla Brown
Add your commute

Building Information for 1550-1566 Terry Street

Stories-Residences5Year Built2023Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$13,408 per month

30 year fixed, 6.73% Interest

Principal and Interest

$12,428

Property Taxes

$760

HOA Dues

$220

The Payment Calculator is for illustrative purposes only.

Property Information for 1550-1566 Terry Street

Summary
    Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.104626, 40.185365
  • Latitude: 40.19
  • Longitude: -105.10
  • Elementary School District: ST Vrain Dist RE 1J
  • Middle Or Junior School District: ST Vrain Dist RE 1J
    Taxes and HOA Information
  • Tax Information: No
  • Has HOA 2: No
  • Tax Year: 2023
  • Association Fee Frequency: Monthly
  • HOA Transfer Fee: No
  • Association Name: North Terry Street Townhomes
  • Has Association Fee: Yes
  • Has Association Reserve: No
  • Tax Annual Amount: $9,125
  • Parcel Number: R0615142
Property
    Lot Information
  • Lot Improvements: Water Rights Excluded, Mineral Rights Included, Level
  • Lot Size Area: 13,068.00
  • Lot Size Units: Square Feet
  • Living Area Source: Plans
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Plans
  • Building Area Units: Square Feet
  • Has Improvements: No
    Property and Assessments
  • Property Attached YN: Yes
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s)
  • New Construction YN: Yes
  • Levels: Tri-Level
  • Home Warranty YN: No
    Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, Xcel
  • Gas: Natural Gas, Xcel
  • Heating YN: Yes
Interior and Exterior Features
    Interior Features
  • ViewYN: Yes
  • Interior Features: Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
  • Spa YN: No
  • Units Furnished: None
Multi Family
    Multi-Family Information
  • Unit 1's Number of Bedrooms: 3
  • Unit 1's Number of Baths: 3.00
  • Number of units in Unit 1: 1
  • Unit 1's Estimated Square Feet: 1696
  • Unit 2's Number of Bedrooms: 2
  • Unit 2's Number of Baths: 3.00
  • Number of 2 bedroom units: 3
  • Number of units in Unit 2: 1
  • Unit 2's Estimated Square Feet: 1150
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 3.00
  • Number of 3 bedroom units: 2
  • Unit 3's Estimated Square Feet: 1150
  • Number of units in Unit 3: 1
  • Unit 4's Number of Bedrooms: 2
  • Unit 4's Number of Baths: 3.00
  • Unit 4's Estimated Square Feet: 1169
  • Number of units in Unit 4: 1
  • Unit 5's Number of Bedrooms: 3
  • Unit 5's Number of Baths: 3.00
  • Unit 5's Estimated Square Feet: 1301
  • Number of units in Unit 5: 1
Rental
    Rental Information
  • Rent Unit 1: $2,635.00
  • Rent Unit 2: $2,335.00
  • Rent Unit 3: $2,335.00
  • Rent Unit 4: $2,335.00
  • Rent Unit 5: $2,485.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $12,125.00
  • Horse YN: No

Schools near 1550-1566 Terry Street

This home is within St Vrain Valley Re 1j School District.
RatingSchoolTypeGradesDistance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Charter - PK to 8
RatingSchoolDistance
Mountain View Elementary School
PublicPK to 4

Longs Peak Middle School
Public5 to 8

Longmont High School
Public9 to 12

St. Vrain Community Montossori School
CharterPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1550-1566 Terry Street is a multi-family home for sale in Longmont, CO 80501. This property was listed for sale on July 28, 2022 by The Colorado Group at $2,400,000. This listing's school district is St Vrain Valley Re 1j School District. Nearby schools include Mountain View Elementary School, Longs Peak Middle School and Longmont High School. 1550-1566 Terry Street is a 12-bed, 15-bath, 6,472 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Colorado Group, Karla Brown

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.