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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!
DAYS ON MARKET | 85 | LAST UPDATED | 7/25/2024 |
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TRACT | Romer | YEAR BUILT | 1963 |
GARAGE SPACES | 1.0 | COUNTY | Larimer |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
Elementary School | Garfield |
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Jr. High School | Walt Clark |
High School | Loveland |
ADDITIONAL DETAILS | |
AIR | None |
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APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer |
BASEMENT | Crawl Space |
CONSTRUCTION | Brick, Vinyl Siding |
GARAGE | Yes |
HEAT | Forced Air |
INTERIOR | Eat-in Kitchen, Open Floorplan |
LOT | 5663 sq ft |
LOT DESCRIPTION | Level |
SEWER | Public Sewer |
STORIES | 1 |
STYLE | Traditional |
SUBDIVISION | Romer |
TAXES | 1881 |
UTILITIES | Cable Available, Electricity Available, Natural Gas Available |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
WATER | Public |
ZONING | R3E |
SATELLITE VIEW |
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