$900,000
Loveland, CO 80538
- 0.19 Acres
- Larimer County
- 4 Beds
- 4 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 2248986
- Year Built: 1963
- Lot/Acreage: 0.19
- County: Larimer
- Neighborhood: SILVER LAKE 12TH, LOV (20130053147)
Exterior Details
- Garage: 6
- Roof: Fiberglass
- Sewer: City Sewer, Public Sewer
Description
This 4-unit apartment building presents a unique opportunity for investors or owner-occupants to acquire a value-add asset in a highly desirable market. With the potential for increased rents through targeted renovations, this property has the capability to provide significant returns for new ownership. The building is situated on an 8,491-square-foot-foot lot, just north of downtown Loveland, and is located within minutes of major highways and public transportation, providing convenient access to all that the city has to offer. 1421 N Madison features an excellent unit mix comprised of spacious 1-bedroom 1-bath plus den units, with on-site coin-operated laundry and ample off-street parking for the tenants. Value-add potential to further increase NOI through converting the units to 2-bedrooms.
Location
- Address: 1421 N Madison Ave Loveland CO 80538
- City: Loveland
- State: CO
- Zip: 80538
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Listing # Courtesy of Jeff Johnson of Pinnacle Real Estate Advisors. Last Updated: February 8, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
