Multi-Family Property, 6 units (3 duplexes) in downtown Loveland, walking distance to 4th Street restaurants, shops and breweries. 2 duplexes were built in 2019 with unfinished basements, fully fenced yards and attached 1 car garages. 3rd duplex was renovated in 2016 with a 3 bed/1.5 bath side (fenced yard) and a 1 bed/1.5 bath side. This is a very popular property, we have not had any vacancies. Owners will work with a 1031 exchange transaction. **Lender would like to retain loan and may be willing to negotiate rate and fees to retain.**
- Price:
- $2,300,000
- Bedrooms:
- 16
- Acreage:
- 0.46
- Year Built:
- 2019
- Listing ID #:
- 976534
- Street Address:
- 918 N Garfield Ave
- City:
- Loveland
- State:
- Colorado
- Postal Code:
- 80537
- County:
- Larimer
- Community:
- Loveland/Berthoud
- Subdivision:
- Lakeside Addtn
- Listing Status:
- Active
- Listing Type:
- Residential Income
K-5
225 students
13 student/teacher
9-12
1562 students
19 student/teacher
- Architecture Style:
- Ranch
- Basement Description:
- Full, Unfinished
- Building Condition:
- Not New, Previously Owned
- Construction Type:
- Wood/Frame
- Exterior Features:
- Lighting
- Green Features:
- Hvac
- Interior Features:
- Satellite Avail, High Speed Internet, Eat-In Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Outside Entry, 9ft+ Ceilings
- Number Of Units:
- 6
- Square Footage Source:
- Assessor
- Stories:
- 1
- Stories:
- Two
- Style:
- Duplex
- Type Of Roof:
- Composition
- Windows:
- Window Coverings, Double Pane Windows
- Year Built:
- 2019
- Gross Income:
- 144300
- Net Operating Income:
- 125393
- Operating Expense:
- 18907
- Conforms To Zoning:
- RE
- Lot Features:
- Curbs, Gutters, Sidewalks, Fire Hydrant Within 500 Feet, Lawn Sprinkler System, Level, Within City Limits
- Lot Size:
- 20038
- Lot Square Footage:
- 20038
- Road Frontage Type:
- City Street
- Road Type:
- Paved, Asphalt, Concrete
- Suitable Use:
- Multi-Family
- Days On Market:
- 240
- Excluded:
- All Tenant Personal Property In Units
- Originating Mls:
- Ires Mls
- Terms:
- Cash, Conventional, Fha, Va Loan, Owner Pay Points, Wrap/Blend, 1031 Exchange
- Hoa Fee Includes:
- Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure
- Property Taxes:
- $5,309
- Tax Year:
- 2022
- Tenant Pays:
- Deposit, Gas, Electricity, Trash Collection
- Fence:
- Wood
- Parking Description:
- Garage Door Opener
- Patio Description:
- Patio
- Appliances:
- Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, All Appliances, Disposal
- Cooling System:
- Central Air
- Electricity:
- Electric, Separate Meter Electricity, City Of Lovelan
- Existing Water:
- City Water, City Of Loveland
- Gas:
- Natural Gas, Separate Meter Gas, Xcel Energy
- Has Central Air Conditioning:
- Yes
- Heating:
- Forced Air
- Heating:
- Yes
- Sewage Type:
- City Sewer
- Utilities:
- Natural Gas Available, Electricity Available, Cable Available, Underground Utilities
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Amber Neiberger 9704812495 with Humble N Kind Realty
