Loveland, CO 80537 2318 S Colorado Ave
$920,000
Presented By: Mountain State Realty; 9703973203
Beds • 8
Baths • 8
SQFT • 4,000
Home Details
Price improvement on this 4-plex with a New Roof Installed in 2024! This well-maintained multi-unit property features two-story units, each offering 2 bedrooms and 1.5 bathrooms-perfect for tenants seeking comfortable and functional living space. No HOA. Each unit includes a spacious family room on the lower level and convenient in-unit washer and dryer hookups. Appliances provided in every unit include a refrigerator, microwave, electric range/oven, dishwasher, washer, and dryer. These units are consistently easy to rent, making this a solid investment opportunity. Full financials and detailed financial analysis available upon request. Located just minutes from downtown Loveland, with quick access to Highway 287 and I-25 for easy commuting. Tenant-occupied
Presented By: Mountain State Realty; 9703973203
Interior Features for 2318 S Colorado Ave
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths8
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 2318 S Colorado Ave
AppliancesElectric Range/Oven, Dishwasher, Refrigerator
Architectural StyleContemporary/Modern
Attached Garage No
Cap Rate5.06
CityLoveland
Construction MaterialsWood/Frame
CountyLarimer
Elementary SchoolKitchen (Bf)
Garage Y/NNo
Gas Y/NNatural Gas, xcel
Gross Income57000
HOANo
HeatingForced Air
High SchoolThompson Valley
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet11992
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolBill Reed
Net Operating Income46580
New ConstructionNo
Number Of Units Total4
Operating Expense10420
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
Stories Count2
Subdivision NameRolling Knolls Estates Add
Tax Annual Amount4411
Tax Year2024
Tenant PaysTaxes
UtilitiesNatural Gas Available
Year Built1979
ZoningR3
Exterior for 2318 S Colorado Ave
Horse Y/NNo
Lot FeaturesSidewalks, Level
Lot Size Acres0.28
Lot Size Area11992
Other ParkingParking Per Unit(2 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
High School
Thompson Valley High School
Middle School
Bill Reed Middle School
Elementary School
Kitchen (Bf) Elementary School
