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2354 10th St SW

Loveland, CO 80537
  • $1,050,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 953561
$1,050,000
  • 10
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,852
    SQFT
  • $273
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

The property sits in a prime location near downtown Loveland. Qualified investors will have the opportunity to acquire the cash flowing asset located in the heart of Northern Colorado. With two, 3-Bedroom units, two, 2-Bedroom units, and 8 reserved off-street parking spaces, this unmatched property has historically had very low vacancy. Two of the units have recently been remodeled, leaving the opportunity for value-add renovations to the remaining two units to increase annual NOI.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-12-08T23:41:13.44.
www.downtownre.com/homes/122600400
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2354 10th St SW Loveland, CO 80537

  • Price: $1,050,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 953561
10
Beds
0
Baths
0
½ Baths
0.23
Acres
3,852
SQFT
$273
$/SQFT
1979
Built
Neighborhood:
Loch Lon
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Milner (Sarah)
Middle School:
Clark (Walt)
High School:
Thompson Valley
School District:
Thompson R2-J
Property Description
The property sits in a prime location near downtown Loveland. Qualified investors will have the opportunity to acquire the cash flowing asset located in the heart of Northern Colorado. With two, 3-Bedroom units, two, 2-Bedroom units, and 8 reserved off-street parking spaces, this unmatched property has historically had very low vacancy. Two of the units have recently been remodeled, leaving the opportunity for value-add renovations to the remaining two units to increase annual NOI.
Exterior Features

Construction Materials Brick/Brick VeneerWood Siding Horse YN No Levels Two Lot Features Within City Limits Other Parking Parking Per Unit(2 Spaces/Unit) Property Attached YN No Road Frontage Type City Street Roof Composition Spa YN No View Mountain(S)Foothills ViewCity Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Cooling Central AirCeiling Fan(S) Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Common Area Living Area Source Appraiser Unit1 Bedrooms 3 Unit1 Est Sq Ft 1036 Unit1 Total Baths 2 Unit2 Bedrooms 2 Unit2 Est Sq Ft 861 Unit2 Total Baths 1 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1040 Unit3 Total Baths 2 Unit4 Bedrooms 2 Unit4 Est Sq Ft 888 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 4.07 Ditches Active YN No Electric Electric Gross Income 62315.4 Has Improvements No Has Water Rights No Listing Sub Status None Locale Loveland Net Operating Income 42762.03 New Construction YN No Operating Expense 19553.37 Property Condition Not NewPreviously Owned Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 3070 Tenant Pays DepositElectricityWaterTrash Collection Unit1 Rent 1500 Unit2 Rent 1070 Unit3 Rent 1620 Unit4 Rent 1045 Utilities Electricity Available Water Source City WaterCity Of Loveland Zoning R3

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of David Katz of Waypoint Real Estate.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-12-08T23:41:13.44.
 
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