Public Remarks: This is your next money maker. Duplex with solid construction located on large lot with off-street parking on a quiet culdesac in central Longmont. Property is immediately adjacent to Kensington Park where tenants can enjoy the trails and nearby children's playground along the Spring Gulch Trail. Newer windows and roof. Needs new paint and carpet and some interior upgrades to make this a profitable rental for years to come. Two three-bedroom, one-bath units with laundry. Ideal for 1031 Exchange. Located in Longmont's Opportunity Zone, providing possible tax incentives. Accepting back-up offers.
Multi-familyProperty Type
1977Year Built
10,019 sq ftLot Size
$271Est. Price/Sq.Ft.
4 spacesParking
Listed by Karla Brown• The Colorado Group
Contact: 3034492131
Bought with Mark Hochhauser• Homestead Real Estate, LLC
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
10,287 Sq. Ft.
Year renovated
1977
Sq. Ft.
2,240
Year built
1977
Style
Other
County
Boulder County
APN
R0043858
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R-MN
Residential Mixed Neighborhood District
This district is intended to be conveniently located near collector and arterial streets, and in close proximity to activity centers and other public amenities and/or complementary uses and activities such as schools, parks, open space, and public transit. The R-MN district can also serve as a transition from single-family neighborhoods to multifamily residential, mixed-use, and nonresidential areas.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Public service
Communications tower
Park & open space
Property details
Parking
Parking Features
Other Parking: Parking Per Unit(2 Spaces/Unit)
Interior
Bedroom Information
Bedrooms Total: 6
Heating & Cooling
Cooling: Yes
Central Air
Heating: Yes
Heat Pump
Interior Features
Accessibility Features: Level Lot, Other Access, Main Level Bedroom, Stall Shower
Electric Range/Oven, Refrigerator, Washer, Dryer, All Appliances, Disposal
Fireplace: Yes
Fireplace Features: Free Standing
High Speed Internet
Room Information
Basement: Daylight
Exterior
Exterior Features
Fencing: Partial
Roof: Composition
Land Information
Road Surface Type: Paved, Gravel
Lot Information
Horse(s): No
Lot Features: Cul-De-Sac, Level
Other Structures: Storage
Road Frontage Type: City Street
Zoning: RES
Property Information
Property Attached: Yes
Property Type: Residential Income
Property Sub Type: Attached Dwelling
View: Yes
Waterfront: No
Subdivision Information
Subdivision Name: East Old Town Longmont
MLS Area Major: Longmont
Building Information
Construction Materials: Wood/Frame
Financial
Tax Information
Parcel Number: R0043858
Tax Annual Amount: 2067
Tax Year: 2022
Lease Information
Gross Income: 39120
Operating Expense: 6467
Financial Information
Listing Terms: Cash, Conventional, 1031 Exchange
Utilities
Utility Information
Utilities: Natural Gas Available, Electricity Available, Cable Available
Electric: Electric,City of Longmon
Gas: Natural Gas,Separate Meter Gas,Xcel
Location
Multi-Unit Information
Number of Units Total: 2
Multi-Family Financial Information
Cap Rate: 5.45
Net Operating Income: 32653
Tenant Pays: Gas, Electricity, Trash Collection
HOA Information
Association: No
Community Features: Park
School Information
High School District: ST Vrain Dist RE 1J
Elementary School: Columbine
Middle or Junior School: Trail Ridge
High School: Longmont
Location Information
Unparsed Address: 121 Reed Pl s A&B Longmont CO 80501
Street Number: 121
Street Name: Reed
Street Suffix: Pl
UnitNumber: s A&B
City: Longmont
State or Province: CO
County or Parish: Boulder
Country: US
Postal Code: 80501
Coordinates: -105.08954,40.16492
Latitude: 40.16492
Longitude: -105.08954
Public facts
Beds: 6
Baths: 2.0
Sq. Ft.: 2,240
Stories: 1.0
Lot Size: 10,287 square feet
Style: Other
Year Built: 1977
Year Renovated: 1977
County: Boulder County
APN: R0043858
Home facts updated by county records on Sep 2, 2026
Other
Miscellaneous Information
Exclusions: None
Listing Information
Attribution Contact: 3034492131
Close Price: $585,000
Photos Count: 12
Possible Use: Multi-Family
Special Listing Conditions: Private Owner
Standard Status: Closed
Listing Date Information
Close Date: Monday, January 9, 2023
Cumulative Days on Market: 3
Days on Market: 3
Listing Contract Date: Friday, November 11, 2022
Modification Timestamp: Thursday, December 5, 2024 3:33 AM
Home Information
Levels: Bi-Level
Structure Type: Duplex
Year Built: 1977
Around this home
Schools
Columbine Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Trail Ridge Middle School
Public 6-8 • Assigned • 1.9mi
5/10
Skyline High School
Public 9-12 • Assigned • 1.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
A vibrant northern Colorado community known for its scenic mountain views, extensive parks and trails, greenways, and a mix of established neighborhoods and newer housing options.