House-hack opportunity in North Longmont - 1356-1358 Merl Place. This front and back unit duplex sits on a quiet cul-de-sac on a 9,978 sqft lot, offering the ideal setup for an owner-occupant: move into the front unit and let the rented back unit help cover your mortgage. The property is… Read More well managed and maintained, with a new roof installed in 2023. The front unit is move-in ready with brand new carpet and vinyl flooring, plus all current appliances included. Both units share a mirrored 884 sqft floor plan with two bedrooms, one bathroom, a kitchen, dining room, living room, and a laundry closet with side-by-side washer/dryer hookups. Each unit has its own detached one-car garage plus a long shared driveway with extra parking.Live in the front, collect rent from the back, and build equity while your tenant helps pay it down - a classic house-hacking strategy that lowers your monthly housing cost from day one. The back unit's garage door is scheduled for repair- it currently does not open. Whether you're a first-time buyer looking to offset your mortgage or an investor looking for a solidly performing asset, this property offers flexibility with immediate rental income Let's get you home! Read Less
Construction Materials: Brick, Levels: One, Occupant Type: Tenant, Total Area: 1768, Unit Count: 2, Unit Types: Array, Array, Built in 1972, 2 total units
Cooling
Cooling: Ceiling Fan(s)
Expenses
Operating Expense: $9,667
Exterior Features
Patio And Porch Features: Patio
Heating
Heating: Forced Air
Heating & Cooling
Description: Ceiling Fan
Income
Gross Income: $2,950, Income Includes: Rent Only, Net Operating Income: $23,963, Projected Gross Operating Income: $33,630
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