2327 W 18th St

Description

Prime Loveland location, ideally situated between Lake Loveland and Rist Benson Reservoir, this side-by-side duplex is a rare opportunity for a truly A+, fully leased, turnkey investment property with no HOA. Thoroughly renovated and meticulously maintained, with nearly all major CapEx items replaced within approximately the last 6 years, this is the kind of low-hassle duplex investors work hard to find-and rarely see hit the market. Both units offer bright, open-concept living with updated kitchens and bathrooms, newer appliances, and the added convenience of individual attached one-car garages. Outdoors, you'll appreciate the fenced, private patios and xeriscaped backyards designed for easy maintenance, plus additional shed storage for each unit. Unit 2331 adds even more versatility with fenced RV/boat parking-a standout feature that boosts tenant appeal and long-term value. The property is currently leased and provides immediate income: 2331 at $1,785/month and 2327 at $2,300/month. Unit 2327 is rented furnished and includes utilities, while 2331 pays all utilities except water (property has a single water meter). .For buyers looking ahead, there's also clear value-add potential through future rent optimization-the furnished unit (2327) is projected at approximately $2,800/month. A standout word to describe this one, RARE - location, condition, and income-this IS Loveland duplex ownership with the heavy lifting already done. West unit is a 1 bedroom/ 1 bath with 2 living spaces. East unit is a 2 bedroom/ 1 bathroom. Both units leased currently.