1611 Warren Ave
Longmont, CO 80501
Multifamily Property For Sale · 6 Units

Built in 1978, 1611 Warren Avenue is a six-unit apartment community located in Longmont, Colorado. The property sits on a 0.20-acre lot across from Longmont High School and one block south of Loomiller Park, a popular 15-acre park maintained by the city of Longmont with a playground, disc golf and a lake. This six unit building is mostly brick with some siding and has a newer mansard roof replaced in 2015. The unit mix consists of five two-bedroom/one-bath units (765 square feet) and one one-bedroom/one-bath unit (680 square feet), for a total of 4,505 rentable square feet. Access to the units is by a common area interior hallway, the building has secured entry for additional resident safety. All units are well-appointed with dishwashers, separate dining area, walk-in closets, individual hot water heaters, individual electric heat pumps, and individual A/C units. Four of the six units have large balconies, providing the residents with private outdoor space. There is also a large carport where each resident is provided a one-car space and storage unit. This amenity is currently included in the rent with the possibility to later produce income. Units are individually metered for electric, which also includes the trash cost. Tenants are responsible for paying. The building has no gas as a utility. The owner is responsible for water, sewer and common area electric charges. There is an on-site laundry facility for residents with coin-operated machines that provide a great source of additional income. The machines are owned by the seller and will be transferred with the property. Located a five minute drive from downtown Longmont, tenants enjoy convenient access to restaurants, recreation, shopping, employment and public transportation. The property sits one mile to the west of Main Street (Highway 287), the busy north/south thoroughfare through Longmont.