CO > Longmont > Longmont Estates Lakeshore
Longmont, CO 80503,Address not disclosed
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Longmont, CO 80503,Address not disclosed
Longmont, CO 80503,Address not disclosed
Longmont, CO 80503,Address not disclosed
Longmont, CO 80503,Address not disclosed
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Bob Engel

Bob Engel

+1(303) 638-0780
$ 990,000
Est. payment /mo
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Active

Address not disclosed Longmont, CO 80503

2,850 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Subdivision Longmont Estates Lakeshore

MLS Listing ID IRE1787485

HOA Y/N No

Year Built 1975

Annual Tax Amount $4,016

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Single Family Residence

Source ires

Property Description

Located on a quiet cul-de-sac just steps from Longmont's beautiful McIntosh Lake, 1746 Cove Court presents a turn-key memory care residence with strong cash flow and expansion upside. The property is currently licensed for 8 residents at an average private-pay rate of $5,600 per bed, generating an estimated net operating income of over $100,000 annually for an owner-operator without rent expense. The owner has already submitted plans to FGI to expand the capacity to 12 residents, providing meaningful revenue growth potential. The single-level, 3,048 sq. ft. floor plan offers large private bedrooms, an open living and dining area, and a peaceful covered patio. Surrounded by walking paths and lake views, this location blends comfort and serenity with easy access to parks, shopping, and healthcare services-an ideal boutique senior living investment in one of Longmont's most desirable neighborhoods.

Location

State CO

County Boulder

Community Longmont Estates Lakeshore

Area Longmont

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type One

Appliance Double Oven, Dishwasher, Refrigerator, Microwave, Disposal

Exterior

Garage Spaces 2.0

View Y/N Yes

View Water

Roof Type Composition

Garage Yes

Building

Lot Description House Faces West, Paved

Sewer Public Sewer

Water City

Structure Type Brick

New Construction false

Schools

Elementary Schools Hygiene

Middle Schools Westview

High Schools St Vrain Dist Re 1J

School District St Vrain Dist Re 1J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Vern Harris
Bob Engel

Bob Engel

Broker/Owner | KWREA100003949

+1(303) 638-0780

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