$341,000
$360,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 05/08/2024
Key Details
Sold Price $341,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Water Addition
MLS Listing ID IR1004298
Sold Date 05/08/24
HOA Y/N No
Originating Board recolorado
Year Built 1930
Annual Tax Amount $1,771
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Unique opportunity to own a duplex (Two 1 Bed/1 Bath units) near Downtown Loveland. Separately partitioned two car garage with each bay separately available accessed via alley with pro forma rent of $125/month/unit. Units share an attached common area laundry. Pro forma rents per broker rent survey of $1,150/month/unit (Ask for details). Property has previously been eligible for Section 8 Housing Choice Voucher program (Ask for rent schedule). Separately metered gas and electric and master metered water and sewer. Seller currently pays City water and sewer and broker pro forma assumes this is billed back to tenants.
Location
State CO
County Larimer
Zoning R3e
Rooms
Basement Crawl Space
Interior
Interior Features Eat-in Kitchen
Heating Baseboard
Fireplace N
Appliance Oven, Refrigerator
Exterior
Utilities Available Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
Roof Type Composition
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Frame,Wood Siding
Schools
Elementary Schools Winona
Middle Schools Other
High Schools Mountain View
School District Thompson R2-J
Others
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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