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938 Kelly Pl, Longmont, CO 80501

Longmont
Local realty services provided by:CENTURY 21 Cornerstone
938 Kelly Pl,Longmont, CO 80501
$530,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,080 sq. ft.
  • Multi-family
  • Active
Listed by: katie muller
Office: re/max of boulder, inc3034497000
MLS#:1058785
Source:IRES

Price summary

  • Price:$530,000
  • Price per sq. ft.:$254.81

About this home

Some investment listings make you do the math. This one makes the math obvious. Two units, two garages, two private backyards (with sprinklers!), and 21 years of rental history with a combined 11 weeks of vacancy - read that again. Projected rents land between $3,600 and $3,700 a month combined, putting this at a 6.7% cap rate at list. For investors, that's already worth a call. For house-hackers, it's better: live in one side, let the other side's $1,850 cover most of your mortgage, and build equity on someone else's rent check. Both tenants vacate by August 1 - the new owner walks into a clean slate to re-lease at market, move in, or both. The 938 side has newer floors, windows, a Nest thermostat, AC, and a new water heater. The 940 side has new can lights, switches, and a 2020 water heater. A rare find with versatility, value, and strong upside in a desirable location!

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Home facts

  • Year built:1977
  • Listing ID #:1058785
  • Added:62 day(s) ago
  • Updated:July 13, 2026 at 03:08 PM

Rooms and interior

  • Dining Description:Eat-in Kitchen
  • Kitchen Description:Dishwasher, Disposal, Electric Range
  • Living area:2,080 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1977
  • Building area:2,080 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:House Faces South, Level, Paved
  • Architectural Style:Legal Conforming
  • Construction Materials:Brick
  • Exterior Features:Patio
  • Levels:One

Schools

  • High school:Longmont
  • Middle school:Longs Peak
  • Elementary school:Northridge

Utilities

  • Water:City

Finances and disclosures

  • Price:$530,000
  • Price per sq. ft.:$254.81
  • Tax amount:$3,607

Features and amenities

  • Appliances:Dishwasher, Disposal, Electric Range, Fire Alarm
  • Laundry features:Washer/Dryer Hookup
  • Amenities:Eat-in Kitchen, High Ceilings

Parking

  • Parking description:Garage Door Opener
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