Loveland, CO 80537 901 W Kelly Dr
$500,000
18 more
Presented By: Group Centerra; 9706910056
Beds • 4
Baths • 2
SQFT • 1,433
Home Details
Great investment opportunity just west of downtown Loveland on a quiet street filled with trees. Duplex is fully rented with steady tenants. Unit 901: Currently leased at $1,700/month with the lease ending 2/28/26. This unit features 804 square feet, built in desk/office, beautiful hardwood floors, an attached garage, and a backyard with a patio overlooking the Barnes Irrigation river. Unit 903: Newly renovated and rented through 10/31/26 for $1500/mo. Recent updates include a new kitchen and appliances, freshly tiled bath, fresh paint, LVP flooring, upgraded doors and trim, new electrical outlets/covers, and new baseboards. Both units have been pre inspected.
Presented By: Group Centerra; 9706910056
Interior Features for 901 W Kelly Dr
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths2
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NNo
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 901 W Kelly Dr
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Microwave
Architectural StyleRanch
Attached Garage No
Cap Rate7.12
CityLoveland
Construction MaterialsWood/Frame
CountyLarimer
Elementary SchoolGarfield
ExclusionsTenants personal property
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income38400
HOANo
HeatingForced Air
High SchoolThompson Valley
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet5819
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolWalt Clark
Net Operating Income35610
New ConstructionNo
Number Of Units Total2
Operating Expense2790
Possible UseMulti-Family
Property Attached Y/NYes
Property ConditionNot New, Previously Owned
Property SubtypeAttached Dwelling
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Structure TypeDuplex
Subdivision NameRomar
Tax Annual Amount1950
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Sewer, Trash Collection
UtilitiesNatural Gas Available
Virtual TourClick here
Year Built1963
ZoningR3E
Exterior for 901 W Kelly Dr
FencingFenced
Horse Y/NNo
Lot Size Acres0.13
Lot Size Area5819
Other ParkingParking Per Unit(1 Space/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Water SourceCity Water, City of Loveland
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Garfield Elementary School
High School
Thompson Valley High School
Middle School
Walt Clark Middle School
