224 SW 42nd St

    Loveland, CO 80537
    • $490,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 891906
    $490,000
    • 0
      BEDS
    • 0.62
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    This is a great rental property with the duplex, but also has rental income from the horse property. It's in a very private place and quite. This lot is massive and has so much storage. Both units are rented and the renters want to stay and realize their rent will go up. The owner rented unit 226 to a friend 18 years ago and has not raised the rents much, but the renter has put in the horse, coral, barn, tack and other buildings. Rent Outbuildings as well.

    Monthly Payment Calculator



    © 2019 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-09-23T23:38:45.983.
    frontrange.8z.com/homes/98176774

    224 SW 42nd St Loveland, CO 80537

    • Price: $490,000
    • Status: Active
    • MLS #: 891906
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.62
    Acres
    1964
    Built
    Neighborhood:
    Campion
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Elementary School:
    Carrie Martin
    Middle School:
    Clark (Walt)
    High School:
    Thompson Valley
    School District:
    Thompson R2-J
    Property Description
    This is a great rental property with the duplex, but also has rental income from the horse property. It's in a very private place and quite. This lot is massive and has so much storage. Both units are rented and the renters want to stay and realize their rent will go up. The owner rented unit 226 to a friend 18 years ago and has not raised the rents much, but the renter has put in the horse, coral, barn, tack and other buildings. Rent Outbuildings as well.
    Exterior Features

    Construction Brick/Brick Veneer Fences Partially FencedEnclosed Fenced AreaWire Fence Horse Property Horse(S) Allowed Location Description Native GrassLevel LotOutbuildingsHouse Faces NorthWithin City Limits Lot Improvements Street PavedGutters Outdoor Features Lawn Sprinkler SystemStorage BuildingsBalconyPatioDeckPrivate Hot Tub Parking Per Unit 2 Spaces/Unit Property Styles 1 Story/Ranch Property Views Back Range/Snow CappedFoothills View Road Access County Road/County Maintained Type Duplex Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Evaporative Cooler Design Features Eat-In KitchenSeparate Dining RoomPantryWasher/Dryer HookupsWood Floors Fireplaces Single Fireplace Heating Forced Air Inclusions Window CoveringsElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes DryerDisposalSmoke Alarm(S) Unit1 Bedrooms 3 Unit2 Bedrooms 3

    Property Features

    Capitalization Rate 4.06 Energy Star Certified No Gross Operating Income 25187.4000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Loveland Mineral Water Rights Mineral Rights Included Nahb Certified No Net Operating Income 19913.4000 New Construction Status Not NewPreviously Owned New Financing CashConventionalVa Ownership Private Owner Possible Usage Multi FamilyFarm/Ranch Tax Year 2018 Taxes 2074 Tenant Pays DepositGas Total Operating Expense 5274.0000 Utilities Natural GasElectric Zoning Res.

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Tom Precella of Coldwell Banker Res-Canyonblvd.



    © 2019 Information and Real Estate Services, LLC. IDX 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 is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-09-23T23:38:45.983.
     
    8z Real Estate
    4041 Hanover, Suite 200
    Boulder CO, 80305