Active

918-922 N Garfield Ave

Loveland CO, 80537

$2,150,000


Active

16 Beds

15 Baths

Residential

Built in 2019

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.

1011836

MLS ID

June 12, 2024

Listed

August 23, 2024

Updated

Map

918-922 N Garfield Ave
Loveland CO, 80537

Interior Features

Total Stories

1


Bedrooms

16


Total Bathrooms

15


Interior Features

Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan, Pantry


Appliances

Electric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal


Laundry Description

Washer/Dryer Hookups


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.46 Acres


Exterior Features

Lighting


Lot Features

Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Lawn Sprinkler System, Level, Within City Limits


Architectual Style

Ranch


Roof

Composition


Sewer

City Sewer

School Information

School District

Thompson R2-J


High School

Loveland


Elementary School

Truscott

Other Property Details

Area Name

Loveland/Berthoud


Taxes

$11,268


Tax Frequency

Annually


Days on Market

64


Garage

Yes


Parking

Garage Door Opener


View

No


County

Larimer


Water Source

City Water, City of Loveland


Pool

No


Zoning

R3E

Listed by Troy Valente with Peak Impact Real Estate
Listing Contact: 9705769183 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/23/2024 at 8:34 AM UTC

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