901 W Kelly Dr Active

Loveland,CO 80537

$ 535000

4 Beds

2 Baths

1416 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,416 sqft

Price per Sqft $377

Subdivision Romer

MLS Listing ID 4068132

Style Ranch

Bedrooms 4

Year Built 1963

Annual Tax Amount $1,881

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

Area Loveland/Berthoud

Zoning R3E

Interior

Heating Forced Air

Exterior

Garage Spaces 1.0

Fence Other

Utilities Available Natural Gas Available,Electricity Available,Cable Available

Waterfront false

View Mountain(s)

Roof Type Composition

Building

Lot Description Level

Story 1

Foundation Slab

Sewer City Sewer,Public Sewer

Water City Water

Structure Type Brick/Brick Veneer,Vinyl Siding

New Construction false

Schools

Elementary Schools Garfield

Middle Schools Walt Clark

High Schools Loveland

School District Thompson R2-J

Others

Special Listing Condition Private Owner

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