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1842 Hennington Ct - Hennington Duplex 2 Unit Apartment Building Offered at $650,000 at a 6% Cap Rate Longmont, CO 80501
Investment Highlights
- Both Units Beautifully Remodeled
- All Appliances Included
- Culdesac Location
Executive Summary
1842 - 1844 Hennington Ct., Longmont, CO - Turnkey duplex investment located on a cul-de-sac with proven rental demand. One unit vacant and available for showings, allowing immediate lease-up or owner-occupant opportunity. Units historically rent quickly. Entire interior of both units fully remodeled within the last 2 years. Major capital improvements completed including new sewer line and appliances. Roof replaced in 2018. Low maintenance expected due to extensive recent upgrades. DO NOT disturb tenant in Unit 1844.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$50,400
|
$17.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$50,400
|
$17.26
|
| Taxes |
$3,756
|
$1.29
|
| Operating Expenses |
$7,660
|
$2.62
|
| Total Expenses |
$11,416
|
$3.91
|
| Net Operating Income |
$38,984
|
$13.35
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $17.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $50,400 |
| Annual Per SF | $17.26 |
| Taxes | |
|---|---|
| Annual | $3,756 |
| Annual Per SF | $1.29 |
| Operating Expenses | |
|---|---|
| Annual | $7,660 |
| Annual Per SF | $2.62 |
| Total Expenses | |
|---|---|
| Annual | $11,416 |
| Annual Per SF | $3.91 |
| Net Operating Income | |
|---|---|
| Annual | $38,984 |
| Annual Per SF | $13.35 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 2 | $2,100 | 1,460 |
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Property Taxes
| Parcel Number | 1205284-04-011 | Total Assessment | $35,781 (2025) |
| Land Assessment | $6,231 (2025) | Annual Taxes | $3,756 ($1.29/SF) |
| Improvements Assessment | $29,550 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1205284-04-011
Land Assessment
$6,231 (2025)
Improvements Assessment
$29,550 (2025)
Total Assessment
$35,781 (2025)
Annual Taxes
$3,756 ($1.29/SF)
Tax Year
2026
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1842 Hennington Ct - Hennington Duplex
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