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