922 Pratt St Pending

Longmont,CO 80501

$ 530000

3 Beds

1 Bath

1392 SqFt


OPEN HOUSE

Sat Mar 01, 11:00am - 1:00pm 

Key Details

Property Type Single Family Home

Sub Type Residential-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,392 sqft

Price per Sqft $380

Subdivision Old North Longmont

MLS Listing ID 5175228

Style Ranch

Bedrooms 3

Full Baths 1

HOA Y/N false

Abv Grd Liv Area 696

Originating Board REcolorado

Year Built 1938

Annual Tax Amount $2,481

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Residential-Detached

Property Description

Welcome to this charming home nestled in the sought-after Old North Longmont community, where tree-lined streets and a warm, inviting atmosphere await. The front porch greets you as you enter the sun-drenched living room, featuring beautiful wood flooring that runs throughout the main floor. The living room flows seamlessly into the kitchen, complete with stainless steel appliances, an eat-in nook, and butcher block countertops. A door off the kitchen opens to the backyard, perfect for indoor-outdoor living.

The main level also offers two bright bedrooms and a full bathroom. Downstairs, the finished basement provides even more living space with a versatile bonus/flex room, a third bedroom, and a convenient laundry room.

Step outside into the expansive, fully fenced yard with endless potential to make it your own. The spacious two-car detached garage offers additional storage or workspace. Plus, there's NO HOA, and with ADU potential (see city website for specifics), you have even more options for expansion. This property is zoned R-MN (Residential Mixed Use), offering a variety of opportunities. Unlike R-SF zoning, R-MN allows for unrestricted short-term rentals per block and permits the development of attached multi-family housing. This means you can convert the property from a single-family home into a duplex or even a quad-plex, not limited to ADU rules. The property also has a proven track record as a successful short-term rental with a 5.0-star rating on Airbnb. In 2021, the last full year as a short-term rental, it generated a gross revenue of $41,222, with a net operating income (NOI) of $30,422. For long-term rental, the property was leased at $2,200 per month, with a rate negotiated in 2022.

Ideally located just minutes from Longmont's vibrant dining and shopping scene on Main Street, this home truly offers the best of both worlds - a peaceful retreat with easy access to everything you need. Don't miss your chance to make this gem yours!

Location

State CO

County Boulder

Area Longmont

Rooms

Basement Partially Finished,Built-In Radon

Primary Bedroom Level Basement

Master Bedroom 22x12

Bedroom 2 Main 10x11

Bedroom 3 Main 10x9

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Ceiling Fan(s)

Window Features Double Pane Windows,Storm Window(s)

Appliance Dishwasher,Refrigerator,Washer,Dryer,Disposal

Laundry In Basement

Exterior

Garage Spaces 2.0

Fence Fenced

Utilities Available Natural Gas Available,Electricity Available,Cable Available

Roof Type Fiberglass

Street Surface Gravel

Porch Patio

Building

Faces West

Story 1

Sewer City Sewer,Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Cedar/Redwood,Concrete

New Construction false

Schools

Elementary Schools Mountain View

Middle Schools Longs Peak

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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