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Conveniently located in Windsor, Colorado
970-988-8295 | Broker - Nathan Washam
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970-988-8295
Broker - Nathan Washam
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Northern Colorado’s Best Real Estate Services

Decades of experience to get you the best result, buying or selling!

Loveland, CO 80537 332 Terri Dr

$1,695,000

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Presented By: ;
  • MLS# 1028815
  • 03/14/2025
  • Request Tour
  • Request Info

    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
    Request Tour
    Request Info
    Visit My Website

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