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
6
Last Updated
Property Type
Attached Dwelling
Lot Size
0.48 Acres
Year Built
1985
MLS Number
1028815
30 Days Snapshot Of 80537
$623k
+4%
(avg) sold price
49
-3%
homes sold
71
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Electric Range/Oven", "Dishwasher", "Refrigerator"
Basement
Basement: "None"
Building
Construction Materials: "Wood/Frame", Has Improvements: No, Total Sq Ft: 7928, Levels: "Two", Living Area Source: Assessor, Living Area Units: Square Feet, Stories: 2, Year Built: 1985
Cooling
Cooling: "Room Air Conditioner", Cooling YN: t
Utilities
Electric: "Electric", "City", Gas: "Natural Gas", "Xcel", Is Water Meter Installed: Yes, Utilities: "Natural Gas Available", "Electricity Available"
Exterior Features
Exterior Features: "Lighting", "Balcony", Patio And Porch Features: "Patio"
Income
Gross Income: 124320, Income Includes: "Lease/Rents", "Deposits Forfeited", "Common Area Fees", "Laundry", Net Operating Income: 109914
Heating
Heating: "Baseboard", Heating YN: t
Unit One
Bedrooms Unit 1: 2, Est Sq Ft Unit 1: 900, Rent Unit 1: $1,075, Total Baths Unit 1: 1
Unit Two
Bedrooms Unit 2: 2, Est Sq Ft Unit 2: 900, Number 2 Bedroom Units: 6, Rent Unit 2: $1,135, Total Baths Unit 2: 1
Unit Three
Bedrooms Unit 3: 2, Est Sq Ft Unit 3: 900, Rent Unit 3: $1,295, Total Baths Unit 3: 1
Unit Four
Bedrooms Unit 4: 2, Est Sq Ft Unit 4: 900, Rent Unit 4: $1,075, Total Baths Unit 4: 1
Unit Five
Bedrooms Unit 5: 2, Est Sq Ft Unit 5: 900, Rent Unit 5: $1,295, Total Baths Unit 5: 1
Unit Six
Bedrooms Unit 6: 2, Est Sq Ft Unit 6: 900, Rent Unit 6: $1,075, Total Baths Unit 6: 1
Home Owner's Association
Has Association 2 Fee: No, Has Association 2 Reserve: No, Has Association Fee: No, Has Association Reserve: No, HOA 2 Transfer Fee: No, HOA Transfer Fee: No
Taxes
Has Metro Tax District: No, Tax Annual Amount: 7406, Tax Year: 2024
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Loveland"
Lot
Lot Features: "Curbs", "Gutters", "Sidewalks", "Lawn Sprinkler System", Lot Size Acres: 0.48, Lot Size Area: 20909, Lot Size Square Feet: 20909, Lot Size Units: Square Feet
Expenses
Operating Expense: 14406
Parking
Other Parking: Parking Per Unit(1.5 Spaces/Unit)
Property
Parcel Number: R1218310, Possible Use: "Multi-Family", Property Attached YN: t, Property Condition: "Not New, Previously Owned", Property Sub Type: Attached Dwelling, Property Type: Residential Income, Road Frontage Type: "City Street", Road Surface Type: "Paved", "Asphalt", View: "City"
Tenant Pays
Tenant Pays: "Deposit", "Electricity", "Water", "Sewer", "Trash Collection"
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