$2,150,000
Loveland, CO 80537
- 0.46 Acres
- Larimer County
- 16 Beds
- 15 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1011836
- Year Built: 2019
- Lot/Acreage: 0.46
- County: Larimer
- Neighborhood: Lakeside Addtn
Interior Details
- Bedrooms: 16
- Bathrooms: 15
- Appliances: Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Cooling: Central Air, Ceiling Fan(s)
- Heating: Forced Air
- Basement: Full, Unfinished
- Water: City Water, City of Loveland
Exterior Details
- Zoning: R3E
- Roof: Composition
- Sewer: City Sewer
Description
LOCATION, LOCATION, LOCATION! Offered at a CAP rate of over 5%, this multifamily property has six producing units (3 duplexes). The units are within walking distance of downtown Loveland, and have had virtually a 0% vacancy rate historically since the units were built. The two larger duplexes (3bed/2.5bath) were completed in 2019, and include open floorplans, stainless appliances, lots of natural light, in-unit laundry, fenced yards, unfinished basements and 1-car garages as well as off-street permitted parking. The two smaller units were converted and completely remodeled to the current floorplans and brought to code in 2016, the exterior repainted in 2024. They include updated appliances, open floor plans, natural light, with the charm of some of the original built-in storage, in-unit laundry, off-street permitted parking and enclosed back yards. The original duplex can be rebuilt into a 4-plex of studio units; parking and fire codes have already been satisfied for this plan. In a quiet residential neighborhood with mature landscaping, but close to 4th Street in Loveland, schools, parks, restaurants, bars/breweries, shopping, etc. Sellers/Owners are both licensed real estate agents.
Location
- Address: 918-922 N Garfield Ave Loveland CO 80537
- City: Loveland
- State: CO
- Zip: 80537
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Listing # Courtesy of Troy Valente of Peak Impact Real Estate. Last Updated: January 3, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
