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$1000000   Price Analysis
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1011 Hover St Unit A-D
Longmont, CO 80501
4 bed 4 bath 1868 SqFt ($535/SqFt)
7359SqFt lot. Built 1980
Listed 2024-07-19, Taxes $3835
Ⓧ USDA Ineligible
due to price & location

near Longmont

Incredible

Turn-key investment opportunity! This fully rnovated 4plex is top of the line and ready for new owners. Each unit has been remodeled inside and is ready to take advantage of the hot rental market! Bonus brand new sewer line in 2023! L ocated in one of the most desirable rental markets outside of Denver, this building commands exceptional rental income with low vacancy rates.

Rented through 2025!


Presented by Luke Angerhofer at
Prestigio Real Estate.
Listing Agent Photo

Property MLS #1014733 from IRES

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Furnished: Yes

Heating Features: Baseboard
Heating: Yes

Patio And Porch Features: Patio

Lot Description: Level
Lot Size Acres: 0.1689394
Lot Size Square Feet: 7359

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Longmont Estates
Elementary School District: ST Vrain Dist RE 1J
High School: Longmont
High School District: ST Vrain Dist RE 1J
Middle School: Westview
Middle or Junior School District: ST Vrain Dist RE 1J

Longmont Estates Elementary School is a public elementary school located approximately 1.1 miles away.
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Westview Middle School is a public middle school located approximately 1.5 miles away.
directions icon Map directions

Silver Creek High School is a public high school located approximately 2.6 miles away.
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Gateway Montessori School is a private elementary school located approximately 0.7 miles away.
directions icon Map directions

Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Square Feet: 520
Unit-2 Square Feet: 520
Unit-3 Square Feet: 414
Unit-4 Square Feet: 414
Unit 1 Total Actual Rent: 1199
Unit 2 Total Actual Rent: 1195
Unit 3 Total Actual Rent: 1095
Unit 4 Total Actual Rent: 1095

Annual Tax Amount: 3830
Source Listing Status: Active
County: Boulder
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Multi-Family
Inclusions: No Units Furnished
Source Neighborhood: Sunburst
Subdivision: Sunburst
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$28254 + $10504
$38758
$3835
2021$29708 + $11044
$40752
$3970
2020$25363 + $11044
$36407
$3536
2019$25363 + $11044
$36407
$3480
2018$23976 + $9864
$33840
$3214
2017$23976 + $9864
$33840
$3170
2016$15259 + $8119
$23378
$2234
2015$15259 + $8119
$23378
$2129
2014$10865 + $5333
$16198
$1507
2013$10865 + $5333
$16198
$1512
2011$11793 + $6368
$18161
$1577
2010$11793 + $6368
$18161
$1737
2009$11793 + $6368
$18161
$1706
2008$13810 + $6770
$20580
$1728
2007$unknown + $unknown
$20577
$1541

Listed 2024-07-19
$1000000
IRES
Listing removed 2021-02-13
$545000
IRES
Sold 2021-01-15
$525000
IRES
Listing removed 2018-11-01
$545000
IRES
Listed 2018-05-22
$545000
IRES
Sold 2008-07-07
$171000
Public Record
Sold 1999-09-07
$185000
Public Record
Sold 1986-02-04
$113300
Public Record

Total Square Feet Living: 1868
Year Built: 1980
Construction Materials: Wood/Frame
Levels: Bi-Level
Property Age: 44
Property Attached: Yes
Property Condition: Not New, Previously Owned
Roof: Tar/Gravel
Structure Type: Legal Conforming
Architectural Style: Contemporary/Modern

Electric: Electric, Longmont
Sewer: City Sewer
Electricity Available
Water Source: City Water, City of Longmont
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.