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332 Terri Dr

Loveland, CO 80537
  • $1,695,000
  • STATUS: Active
  • ON SITE: 140 Days
  • MLS #: 1009924
UPDATED: 39 min ago
$1,695,000
  • 12
    BEDS
  • 0.48
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 7,928
    SQFT
  • $214
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1985
County:

School Information

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

Description

Turn key investment opportunity! Hard to find 8 unit MF building in the heart of Loveland. This building has great rental history and potential for increased rents. There is coin-operated laundry onsite for increased income and plenty of off-street parking. Each unit is 900 SQFT and has private patio/balcony areas. Tenants pay additional fees for water, sewer, trash and common area clean. Each unit is equipped with wall unit A/C and electric baseboard heat. Tenants pay for their own electric. New roof in 2023. Property is currently under professional management. New buyer can keep the current management company or choose their own.

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© 2024 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 Brokers, LLC.. Data last updated: 2024-10-06T18:40:47.597.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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332 Terri Dr Loveland, CO 80537

  • Price: $1,695,000
  • Status: Active
  • On Site: 140 Days
  • Updated: 39 min ago
  • MLS #: 1009924
12
Beds
6
Baths
0
½ Baths
0.48
Acres
7,928
SQFT
$214
$/SQFT
1985
Built
Neighborhood:
Burd
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
Turn key investment opportunity! Hard to find 8 unit MF building in the heart of Loveland. This building has great rental history and potential for increased rents. There is coin-operated laundry onsite for increased income and plenty of off-street parking. Each unit is 900 SQFT and has private patio/balcony areas. Tenants pay additional fees for water, sewer, trash and common area clean. Each unit is equipped with wall unit A/C and electric baseboard heat. Tenants pay for their own electric. New roof in 2023. Property is currently under professional management. New buyer can keep the current management company or choose their own.
Exterior Features

Construction Materials Wood/Frame Exterior Features LightingBalcony Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLawn Sprinkler System Other Parking Parking Per Unit(1.5 Spaces/Unit) Patio And Porch Features Patio Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Cooling Room Air Conditioner Cooling YN Yes Heating Baseboard Heating YN Yes Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 900 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 900 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 900 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 900 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 6.5 Ditches Active YN No Electric ElectricCity Gas Natural GasXcel Gross Income 124320 Has Improvements No Has Water Rights No Income Includes Lease/RentsDeposits ForfeitedCommon Area FeesLaundry Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Loveland Net Operating Income 110178 New Construction YN No Operating Expense 14142 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 7142 Tax Year 2023 Tenant Pays DepositElectricityWaterSewerTrash Collection Unit1 Rent 1075 Unit2 Rent 1060 Unit3 Rent 1065 Unit4 Rent 1075 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Loveland Zoning MF

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Jessica Joles of RE/MAX Alliance-FTC South: 9702263990.



© 2024 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 Brokers, LLC.. Data last updated: 2024-10-06T18:40:47.597.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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