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Loveland, CO 80537 332 Terri Dr

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Presented By: ;
  • MLS# 1028815
  • 03/14/2025
  • Request Tour
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  • 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. Each unit has 2 bedrooms and 1 bathroom. 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: ;

Interior Features for 332 Terri Dr

Bedrooms

Total Bedrooms12

Bathrooms

Total Baths6

Other Interior Features

LivingAreaSourceAssessor
BasementNone

General for 332 Terri Dr

AppliancesNo Units Furnished, Electric Range, Dishwasher, Refrigerator
AttributionContact9705930999
Cap Rate6.48
CityLoveland
Construction MaterialsFrame
CoolingWall/Window Unit(s)
CountyLarimer
DisclosuresSeller's Property Disclosure
ElectricCity
Elementary SchoolMilner (Sarah)
Expected Active Date 2025-03-19
Gross Income124320
HOANo
HeatingBaseboard
High SchoolThompson Valley
High School DistrictThompson R2-J
Lease Amount FrequencyFixed Term
LevelsTwo
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolClark (Walt)
Net Operating Income109914
New ConstructionNo
Number Of Units Total6
Operating Expense14406
Parcel NumberR1218310
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property SubtypeMulti Family
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
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 AmenitiesSprinkler System, Balcony
Irrigation Water Rights Y/NNo
Lot FeaturesPaved, Curbs, Gutters, Sidewalks, Street Light
Lot Size Acres0.48
Lot Size Area20909
Other Parking1.5 Spaces/Unit
Road Frontage TypeCity Street
Road Surface TypeAsphalt
Total Parking16
Water SourceCity
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

Nathan Washam

Broker/Owner
Price $1,695,000
MLS#1028815
List Date 03/14/2025
Property Type Income
Phone 970.988.8295
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