Residential Income · Under Contract

About This Property

MODUS Commercial Real Estate is pleased to present 10 Birch Court, a four-unit multifamily investment opportunity just west of Hover Street in Longmont — one of Colorado's most desirable secondary markets.

The asset consists of four oversized one-bedroom /

one-bath units of approximately 690 square feet each, two of which feature in-unit washers and dryers.

The building is all-electric, with no gas on the property.

Electric and trash are through the City of Longmont, water

and sewer are included in rent, and each unit has efficient

radiant floor heat with three thermostats. High-speed

fiber-optic internet serves the property, which includes six

off-street parking spaces.

All major capital expenditures have been completed —

including a 2022 roof replacement with warranty, sewer

line, hot water heaters, foam insulation in the exterior walls

and new gutters — giving an incoming owner a

low-maintenance operating profile.

Current rents range from $1,350 to $1,550, against a history

of $1,550 on most units. Moving rents to the proven $1,550

as units turn adds $5,400 in annual income with no

capital investment required.

The cul-de-sac sees no through traffic, yet residents are

minutes from the Diagonal Highway to Boulder, Sam's

Club, Home Depot and Village at the Peaks.

Virtual Tour

Property Details

Location