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(303) 638-3890
Longmont Consultants
2264 S Colorado Ave, Loveland, CO 80537
- $789,000
- List Price
- $789,000
- Status
- ACTIVE
- MLS#
- 1064023
- Year Built
- 1979
- Region
- Loveland/Berthoud
- Subdivision
- Rolling Knolls Estates Add
Property Description
Opportunity is now. Low maintenance brick 4-Plex in Loveland offering established rental history, significant recent improvements, private garages and additional income upside. All four units feature a highly rentable 2-bedroom/1-bath layout, with each unit benefiting from its own detached one-car garage plus plenty of additional off-street parking. The property has been well maintained with several meaningful improvements already completed, including all-new quality vinyl windows throughout in 2026, a Class 4 roof, boiler serviced with a clean bill of health and new carpet in two of the four units. Individual units have also seen improvements as they turn, while the property maintains a strong history of tenant demand. Current rents provide immediate income with additional opportunity for an investor to continue moving rents toward market levels over time. Each unit includes approximately 900 square feet of functional living space, on-site laundry access and its own garage - a valuable amenity rarely found with competing 4-unit properties. With four similar units, separate electric meters, no HOA and professional management already in place, this is a straightforward investment that can work for both the seasoned investor and the buyer looking to add a quality Northern Colorado multifamily asset to their portfolio. Buy it for the existing income. Improve the return over time. Hold onto an increasingly difficult-to-replicate four-unit property in Loveland.
Additional Information
- Taxes
- $5,666
- Style
- Contemporary
- School District
- Thompson R2-J
- Elementary School
- Kitchen (Bf)
- Middle School
- Clark (Walt)
- High School
- Thompson Valley
- Heating
- Hot Water, Radiant
- Cooling
- Window/Wall, Ceiling Fan(s)
- Utilities
- Natural Gas Available, Electricity Available, Separate Meters
- Tenant Pays
- Deposit, Electricity
- Zoning
- FA
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Listing courtesy of Dominic East.
9702263990
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