1841 Lily Place, Loveland, CO, 80537
  • $850,000

Overview

Property ID: HZIR987593
  • Quadruplex, ResidentialIncome
  • Property Type
  • 1
  • Garage
  • 9640 Sq Ft
  • Area Size
  • 1979
  • Year Built

Description

Great 4-plex investment property. Over under 4-plex with one 3-bedroom unit and three 2-bedroom units. The building has a common are storage room offering each unit a storage closet. There is a workbench and some storage shelves in the front of the common area for the landlord. Appliances in each of the units are included, except the washer/dryer which are all owned by tenants. Three of the units have an A/C split unit. Unit 2 does not have one. Three units currently rented and the Seller lives in one of the units. The units are currently under market rent at $1,250 (3 bd), $1,000, and $1,000. All three units have leases that end Oct 1, 2023. Seller is leaving the area on Sep-2, 2023. Seller would like to stay in unit #2 until they leave, but they willing to pay rent for the time after closing. There is no HOA. New roof installed in Mar 2022. Currently, the backyard is fenced off as a private dog run as the landlord has allowed pets. There is a sprinkler system, but it was made inactive. The backflow device was disconnected, but the water line is still available in the lower-level storage room.

  • Address: 1841 Lily Place
  • City: Loveland
  • State/county: Larimer
  • Zip/Postal Code: 80537

Details

Updated on May 12, 2023 at 9:53 am
  • Property ID HZIR987593
  • Price $850,000
  • Property Size 9640 Sq Ft
  • Garage 1
  • Year Built 1979
  • Property Type Quadruplex, ResidentialIncome
  • Property Status Active

Additional details

  • PropertySubType Quadruplex
  • Subdivision Thompson Valley Estates
  • Tax Year 2022
  • Architectural Style Contemporary
  • Road SurfaceType Paved
  • Construction Materials Brick, WoodSiding, WoodFrame
  • Utilities ElectricityAvailable
  • Roof Composition
  • View City
  • Appliances Dishwasher, Oven, Refrigerator
  • Laundry Features InUnit
  • Lot Features CulDeSac, Level
  • LotSize SquareFeet 9640
  • LotSizeArea 0.22
  • LotSizeUnits Acres
  • Patio And PorchFeatures Patio
  • Window Features WindowCoverings
  • Middle School Walt Clark
  • HighSchool Thompson Valley
  • HighSchool District Thompson R2-J
  • ElementarySchool Sarah Milner

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