Loveland, CO 80537 332 Terri Dr
$1,695,000
16 more
Presented By: RE/MAX Alliance-Windsor; 9705930999
Beds • 12
Baths • 6
SQFT • 7,928
Home Details
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. Tenants pay additional fees for water, sewer, trash and common area clean. Each unit is equipped with wall unit A/C and electric baseboard heat. Tenants pay for their own electric. New roof in 2023. Property is currently under professional management. New buyer can keep the current management company or choose their own.
Presented By: RE/MAX Alliance-Windsor; 9705930999
Interior Features for 332 Terri Dr
Bedrooms
Total Bedrooms12
Bathrooms
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 332 Terri Dr
AppliancesElectric Range/Oven, Dishwasher, Refrigerator
Attached Garage No
Cap Rate6.48
CityLoveland
Construction MaterialsWood/Frame
CoolingRoom Air Conditioner
CountyLarimer
ElectricElectric, City
Elementary SchoolMilner (Sarah)
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income124320
HOANo
HeatingBaseboard
High SchoolThompson Valley
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet20909
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolClark (Walt)
Net Operating Income109914
New ConstructionNo
Number Of Units Total6
Operating Expense14406
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameBurd
Tax Annual Amount7406
Tax Year2024
Tenant PaysDeposit, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
ViewCity
Year Built1985
ZoningR3
Exterior for 332 Terri Dr
Exterior AmenitiesLighting, Balcony
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Lawn Sprinkler System
Lot Size Acres0.48
Lot Size Area20909
Other ParkingParking Per Unit(1.5 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Loveland
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Milner (Sarah) Elementary School
Middle School
Clark (Walt) Middle School
High School
Thompson Valley High School
