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918 N Garfield Ave

Loveland, CO 80537
  • $2,300,000
  • STATUS: Active
  • ON SITE: 237 Days
  • MLS #: 976534
UPDATED: 75 min ago
$2,300,000
  • 16
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,400
    SQFT
  • $311
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2019
County:

School Information

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

Description

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.**

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© 2023 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 Sears Real Estate. Data last updated: 2023-05-30T19:41:22.25.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/133640681
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918 N Garfield Ave Loveland, CO 80537

  • Price: $2,300,000
  • Status: Active
  • On Site: 237 Days
  • Updated: 75 min ago
  • MLS #: 976534
16
Beds
0
Baths
0
½ Baths
0.46
Acres
7,400
SQFT
$311
$/SQFT
2019
Built
Neighborhood:
Lakeside Addtn
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Truscott
Middle School:
Reed (Bill)
High School:
Loveland
School District:
Thompson R2-J
Property Description
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.**
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Entry Location Outside Entry Exterior Features Lighting Fencing Wood Horse YN No Levels Two Lot Features CurbsGuttersSidewalksFire Hydrant Within 500 FeetLawn Sprinkler SystemLevelWithin City Limits Other Parking Parking Per Unit(2 Spaces/Unit) Parking Features Garage Door Opener Patio And Porch Features Patio Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphaltConcrete Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Appliances Electric Range/OvenSelf Cleaning OvenDishwasherRefrigeratorWasherDryerMicrowaveAll AppliancesDisposal Basement FullUnfinished Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Interior Features Satellite AvailHigh Speed InternetEat-in KitchenOpen FloorplanPantryWalk-In Closet(S)Outside Entry9Ft+ Ceilings Living Area Source Assessor Unit1 Bedrooms 3 Unit1 Est Sq Ft 1400 Unit1 Total Baths 3 Unit2 Bedrooms 3 Unit2 Est Sq Ft 1400 Unit2 Total Baths 3 Unit3 Bedrooms 3 Unit3 Est Sq Ft 1400 Unit3 Total Baths 3 Unit4 Bedrooms 3 Unit4 Est Sq Ft 1400 Unit4 Total Baths 3 Window Features Window CoveringsDouble Pane Windows

Property Features

Association Fee Includes Snow RemovalMaintenance GroundsManagementUtilitiesMaintenance Structure Association YN No Cap Rate 5.45 Ditches Active YN No Electric ElectricSeparate Meter ElectricityCity Of Lovelan Exclusions All Tenant Personal Property in Units Gas Natural GasSeparate Meter GasXcel Energy Green Energy Efficient Hvac Gross Income 144300 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalFhaVa LoanOwner Pay PointsWrap/Blend1031 Exchange Locale Loveland Net Operating Income 125393 New Construction YN No Operating Expense 18907 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Licensed Owner Tax Annual Amount 5309 Tax Year 2022 Tenant Pays DepositGasElectricityTrash Collection Unit1 Rent 2200 Unit2 Rent 2300 Unit3 Rent 2200 Unit4 Rent 2300 Utilities Natural Gas AvailableElectricity AvailableCable AvailableUnderground Utilities Water Source City WaterCity Of Loveland Zoning Re

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Amber Neiberger of Humble N Kind Realty: 9704812495.



© 2023 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 Sears Real Estate. Data last updated: 2023-05-30T19:41:22.25.

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