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Jason Shiri

team@cohomesold.com +1(720) 490-7720

$990,000

Est. payment - /mo

2,850 SqFt

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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

Price per Sqft $347

Subdivision Longmont Estates Lakeshore

MLS Listing ID 1787485

HOA Y/N No

Abv Grd Liv Area 2,850

Year Built 1975

Annual Tax Amount $4,016

Tax Year 2024

Lot Size 10,773 Sqft

Acres 0.25

Property Sub-Type Single Family Residence

Source recolorado

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

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Y

Appliance Dishwasher, Disposal, Double Oven, Microwave, Oven, Range, Range Hood, Refrigerator

Exterior

Parking Features Concrete

View Lake

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Hygiene

Middle Schools Westview

High Schools Longmont

School District St. Vrain Valley Re-1J

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by A Better Way Realty

Q U I C K S E A R C H

1746 Cove CT Longmont, CO 80503