332 Terri Dr

Loveland, CO 80537
$1,695,000
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.Read MoreRead Less
Courtesy of Jessica Joles-Pike, RE/MAX Alliance-Windsor, 9705930999.
Listing Snapshot
Days Online
94
Last Updated
Property Type
Attached Dwelling
Lot Size
0.48 Acres
Year Built
1985
MLS Number
1028815
30 Days Snapshot Of 80537
$605k
0%
(avg) sold price
60
-25%
homes sold
76
+38%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt"
Appliances & Equipment
"Electric Range/Oven", "Dishwasher", "Refrigerator"
Basement
Basement: "None"
Building
7928 total sqft, Has Improvements: No, Construction Materials: "Wood/Frame", Levels: "Two", Stories: 2, Year Built: 1985
Cooling
"Room Air Conditioner"
Expenses
Operating Expense: $14,406
Exterior Features
Exterior: "Lighting", "Balcony", Patio/Porch: "Patio"
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Loveland"
Heating
"Baseboard"
Home Owner's Association
HOA Transfer Fee: No
Income
Gross Income: $124,320, Income Includes: "Lease/Rents", "Deposits Forfeited", "Common Area Fees", "Laundry", Net Operating Income: $109,914
Lot
0 acres, 20909 sqft, Area: 20909, Features: "Curbs", "Gutters", "Sidewalks", "Lawn Sprinkler System"
Parking
Other Parking: Parking Per Unit(1.5 Spaces/Unit)
Property
Property Attached, View: "City", Parcel Number: R1218310, Possible Use: "Multi-Family", Property Condition: "Not New, Previously Owned"
Roof
"Composition"
Sewer
"City Sewer"
Taxes
Tax Annual Amount: 7406, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Electricity", "Water", "Sewer", "Trash Collection"
Unit One
Rent: $1,075, Bedrooms: 2, Total Baths: 1, 900 estimated sqft
Unit Two
Rent: $1,135, Bedrooms: 2, Total Baths: 1, 900 estimated sqft, Number 2 Bedroom Units: 6
Unit Three
Rent: $1,295, Bedrooms: 2, Total Baths: 1, 900 estimated sqft
Unit Four
Rent: $1,075, Bedrooms: 2, Total Baths: 1, 900 estimated sqft
Unit Five
Rent: $1,295, Bedrooms: 2, Total Baths: 1, 900 estimated sqft
Unit Six
Rent: $1,075, Bedrooms: 2, Total Baths: 1, 900 estimated sqft
Utilities
Electric: "Electric", "City", Gas: "Natural Gas", "Xcel", Utilities: "Natural Gas Available", "Electricity Available"
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Adam Schwartz
REALTOR®
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