Active

901 W Kelly Dr

Loveland CO, 80537

$535,000


$377.82 per sqft

Active

4 Beds

2 Baths

1,416 sqft

Multi-family

Built in 1963

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!

4068132

MLS ID

July 25, 2024

Listed

August 23, 2024

Updated

Map

901 W Kelly Dr
Loveland CO, 80537

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

2


Interior Features

Eat-in Kitchen, Open Floorplan


Appliances

Dishwasher, Refrigerator, Washer, Dryer


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Level


Architectual Style

Ranch


Roof

Composition


Sewer

City Sewer, Public Sewer

School Information

School District

Thompson R2-J


High School

Loveland


Elementary School

Garfield

Other Property Details

Area Name

Loveland/Berthoud


Taxes

$1,881


Tax Frequency

Annually


Days on Market

30


Garage

Yes


Garage Spaces

1


View

Yes


View Description

Mountain(s)


County

Larimer


Water Source

City Water


Pool

No


Zoning

R3E

Listed by Trelora Realty Team with TRELORA Realty, Inc.
Listing Contact: [email protected],720-410-6100 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 8/23/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 8/23/2024 at 7:01 PM UTC

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