4891 Basswood Dr

    Loveland, CO 80538
    • $810,000
    • STATUS: Closed
    • ON SITE: 80 days
    • MLS #: 901559
    Sold - 03/27/2020
    $810,000
    SOLD - 03/27/2020
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,632
      SQFT
    • $223
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1993
    County:

    School Information

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

    Description

    Great investment opportunity. This townhome style 4-plex is easily rented and ideally located in North Loveland. Each unit has 2 beds, 1.5 baths, laundry hookups, a large deck and 2 covered parking spaces. A new roof in 2016 and regular maintenance over the years have kept these units easily to rent and own. No HOA and low maintenance keep the expenses down. With Gross Rents of $58,020 and an estimated net of $51,244 have your cap rate at a solid 6.25%.

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    © 2020 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: 2020-03-31T12:38:14.8.
    frontrange.8z.com/homes/102219156

    4891 Basswood Dr Loveland, CO 80538

    • Price: $819,000
    • Status: Closed
    • Updated: 47 min ago
    • MLS #: 901559
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,632
    SQFT
    $223
    $/SQFT
    1993
    Built
    Neighborhood:
    Emerson
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Elementary School:
    Edmondson
    Middle School:
    Erwin, Lucile
    High School:
    Loveland
    School District:
    Thompson R2-J
    Property Description
    Great investment opportunity. This townhome style 4-plex is easily rented and ideally located in North Loveland. Each unit has 2 beds, 1.5 baths, laundry hookups, a large deck and 2 covered parking spaces. A new roof in 2016 and regular maintenance over the years have kept these units easily to rent and own. No HOA and low maintenance keep the expenses down. With Gross Rents of $58,020 and an estimated net of $51,244 have your cap rate at a solid 6.25%.
    Exterior Features

    Construction Wood/FrameBrick/Brick VeneerVinyl Siding Outdoor Features Deck Parking Per Unit 2 Spaces/Unit Property Styles 2 Story Road Access City Street Type Contemporary/Modern Waterfront No

    Interior Features

    Basement Foundation No Basement Design Features Eat-In KitchenWasher/Dryer Hookups Heating Baseboard Heat Inclusions Electric Range/OvenDishwasherRefrigerator Unit1 Bedrooms 2 Unit2 Bedrooms 2 Unit3 Bedrooms 2 Unit4 Bedrooms 2

    Property Features

    Capitalization Rate 6.26 Common Amenities Extra Storage Energy Star Certified No Gross Operating Income 58020.0000 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 Nahb Certified No Net Operating Income 51244.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Tax Year 2019 Taxes 2489 Tenant Pays DepositElectricTrash Total Operating Expense 6776.0000 Utilities ElectricCable Tv AvailableHigh Speed Avail Zoning M

    Listing information © 2020 Information and Real Estate Services
    Listing provided courtesy of James Watson of Group Mulberry.



    © 2020 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: 2020-03-31T12:38:14.8.
     
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