1331 Merl Place

Longmont, CO 80501
Square Ft.
3,922
$885,000
Exceptional five-unit property in Longmont. Each of the five units features two bedrooms and one bathroom, offering a mix of desirable amenities: some include private backyards, others boast balconies, and one unit comes with an attached two-car garage. Ideally located near Northridge Elementary, Carr Park, and the city dog park.
Market LogoCourtesy of Candy Lynn Christen [email protected]
Listing Snapshot
Days Online
13
Last Updated
Property Type
Multi Family
Square Ft.
3,922
Lot Size
0.35 Acres
Year Built
1978
MLS Number
2929394
30 Days Snapshot Of 80501
$559k
+6%
(avg) sold price
47
+9%
homes sold
76
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: Public, Road Responsibility: Public Maintained Road, Road Surface Type: Paved
Building
Architectural Style: Contemporary, Building Class: Class C, Construction Materials: Brick, Effective Year Built: 2020, Features: "Laundry", "Storage", "Wi-Fi", Occupant Type: Tenant, Stories: 2, Structure Type: Low Rise (1-3), Total Area: 3922, Unit Count: 1, Unit Types: Array, Built in 1978, 5 total units
Disclosures
Exclusions: Seller and tenant's personal property
Expenses
Operating Expense Includes: "Accounting", "Advertising", "Internet", "Maintenance", "Personal Property Tax", "Real Estate Tax", "Utilities", Operating Expense: $25,000, Projected Annual Expense: $25,000
Exterior Features
Features: "Balcony", "Dog Run", "Garden"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Gross Income: $88,000, Projected Gross Income: $95,000
Lot
Acres: 0.35, Area: 15382, Features: "Cul-De-Sac", "Sprinklers In Front", "Sprinklers In Rear", Parcel Number: R0047808, Square Feet: 15382
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Internet", "Taxes", "Water"
Parking
Parking Total: 10, Carport Spaces: 0, Offstreet Spaces: 10, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Features: Asphalt
Property
Current Use: Multi-Family, Property Sub Type: Multi Family, Zoning: R-MN
Roof
Roof: Composition
Security Features
Features: "Carbon Monoxide Detector(s)", "Smart Cameras", "Smart Locks", "Smoke Detector(s)"
Sewer
Sewer: Public Sewer
Taxes
Annual Amount: 6874, Legal Description: LOT 11 BLK 2 YEAGER GARDEN GREENS 2, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Electricity", "Gas", "Telephone", "Trash Collection"
Utilities
Electric: Single Phase, Power Production Count: 0, Utilities: Electricity Connected, Water Included, Water Source: Public
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.