901 W Kelly DR Active Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,416 sqft
Price per Sqft $377
Subdivision Romer
MLS Listing ID 4068132
Style Traditional
Bedrooms 4
Year Built 1963
Annual Tax Amount $1,881
Tax Year 2023
Lot Size 5,662 Sqft
Property Description
Attention investors! Don't miss this fantastic investment opportunity just one mile west of downtown Loveland. Perfect for both seasoned investors and first-time home buyers looking to offset mortgage payments with rental income, this duplex promises immediate returns and future potential.
Property Highlights:
Address: 901-903 W Kelly Dr, Loveland, CO 80537
Unit 901: Currently leased at $1,650/month to a stable tenant, ensuring consistent income. This unit features 792 square feet, an attached garage, and a backyard with a patio overlooking the scenic Barnes River.
Unit 903: Newly renovated and ready to rent, with a potential rental income of $1,500 to $1,700/month. Recent updates include a newly tiled kitchen and bath, fresh paint, refinished oak flooring, upgraded doors and trim, new electrical outlets/covers, and new baseboards.
Features:
Both units boast hardwood floors.
Proximity to downtown Loveland, parks, and schools ensures high demand for rental units.
Unit 901 comes equipped with a washer and dryer. The seller is willing to install a washer and dryer in Unit 903 if desired by the buyer, with the option of a stackable unit in the closet, which may reduce storage space.
This well-designed duplex is a prime addition to any investment portfolio, offering immediate income and the potential for future growth. Don't miss out on this opportunity!
Location
State CO
County Larimer
Zoning R3E
Interior
Heating Forced Air
Cooling None
Exterior
Garage Spaces 1.0
Fence Fenced Pasture
Utilities Available Cable Available,Electricity Available,Natural Gas Available
View Mountain(s)
Roof Type Composition
Building
Lot Description Level
Story One
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Garfield
Middle Schools Walt Clark
High Schools Loveland
School District Thompson R2-J
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None