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918 N Garfield Ave

Loveland, CO 80537

16 beds
15 baths
– sqft
~1/2 acre lot
2019 build
– on site

LOCATION, LOCATION, LOCATION! Offered at a CAP rate of over 5%, this multifamily property has six producing units (3 duplexes). The units are within walking distance of downtown Loveland, and have had virtually a 0% vacancy rate historically since the units were built. The two larger duplexes (3bed/2.5bath) were completed in 2019, and include open floorplans, stainless appliances, lots of natural light, in-unit laundry, fenced yards, unfinished basements and 1-car garages as well as off-street permitted parking. The two smaller units were converted and completely remodeled to the current floorplans and brought to code in 2016, the exterior repainted in 2024. They include updated appliances, open floor plans, natural light, with the charm of some of the original built-in storage, in-unit laundry, off-street permitted parking and enclosed back yards. The original duplex can be rebuilt into a 4-plex of studio units; parking and fire codes have already been satisfied for this plan. In a quiet residential neighborhood with mature landscaping, but close to 4th Street in Loveland, schools, parks, restaurants, bars/breweries, shopping, etc. Sellers/Owners are both licensed real estate agents.

Listing courtesy of IRES

Last checked: Checking… • Last updated Aug 14, 2024 •

MLS# 1011836 —

The Building

Year Built:

2019
Builder Name:

ETC Contracting, LLC
New Construction:

true
Construction Materials:

Wood/Frame
Architectural Style:

Ranch
Window Features:

Window Coverings
Stories:

1
Levels:

One
Patio And Porch Features:

Patio
Roof:

Composition
Basement:

Full
Structure Type:

Duplex
Green Energy Efficient:

Southern Exposure
# of Units Total:

6
Total SqFt:

9080

Interior

Interior Features:

Satellite Avail
Laundry Features:

Washer/Dryer Hookups

Room Dimensions

Living Area Units:

Square Feet
Living Area Source:

Plans

Location

Coordinates:

-105.07757, 40.40164
Latitude:

40.40164
Longitude:

-105.07757

The Property

Property Type:

Residential Income
Property Subtype:

Attached Dwelling
Property Condition:

New Construction
Parcel Number:

R1658865
Lot Features:

Curbs
Lot Size Acres:

0.46
Lot Size SqFt:

20038
Lot Size Area:

20038
Lot Size Units:

Square Feet
Zoning:

R3E
Possible Use:

Multi-Family
Exclusions:

Tenants personal property.
Horse:

false
Fencing:

Partial
Exterior Features:

Lighting
Water Source:

City Water, City of Loveland
Waterfront:

false
Property Attached:

true
Road Frontage Type:

City Street
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

11268

Beds

Bedrooms Total:

16

Baths

Total Baths:

15

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Natural Gas Available
Gas:

Natural Gas, Separate Meter Gas, Xcel
Electric:

Electric, Separate Meter Electricity, Loveland
Sewer:

City Sewer

Appliances

Appliances:

Electric Range/Oven

Schools

Elementary School:

Truscott
Middle Or Junior School:

Bill Reed
High School:

Loveland
High School District:

Thompson R2-J

The Community

Subdivision Name:

Lakeside Addtn
Senior Community:

false
Community Features:

Park
Spa:

false
Association:

false

Parking

Parking Features:

Garage Door Opener
Other Parking:

Parking Per Unit(2 Spaces/Unit)

Extra Units

Bedrooms Unit 1:

3
Total Baths Unit 1:

3
Bedrooms Unit 2:

3
Total Baths Unit 2:

3
Bedrooms Unit 3:

3
Total Baths Unit 3:

3
Bedrooms Unit 4:

3
Total Baths Unit 4:

3
Bedrooms Unit 5:

3
Total Baths Unit 5:

1
Bedrooms Unit 6:

1
Total Baths Unit 6:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/12/24 Jun 12, 2024	Listed / Active	IRES	$2,150,000

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This multifamily located in West Central Loveland, Loveland, CO 80537 is currently for sale for $2,150,000. 918 N Garfield Ave is a – square foot multifamily with 16 beds and 15 baths that has been on Estately for 162 days. 918 N Garfield Ave is in the West Central Loveland neighborhood of Loveland and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Loveland High School, Bill Reed Middle School, and Truscott Elementary School.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS