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Cher Revolinski

cher@extramilehomes.com +1(303) 884-2738

$ 800,000

Est. payment -/mo

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920 N Douglas AVE Loveland, CO 80537

7,740 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,740 sqft

Price per Sqft $103

Subdivision Mechalke

MLS Listing ID IR1034901

HOA Y/N No

Year Built 1974

Annual Tax Amount $3,629

Tax Year 2024

Lot Size 7,740 Sqft

Acres 0.18

Property Sub-Type Quadruplex

Source recolorado

Property Description

All 4 Tenants have renewed for 2025-2026! Seize the opportunity to invest in a prime real estate asset with this 4-unit apartment complex located in the vibrant heart of Loveland. This property features three 2-bed/1-bath units and one 1-bed/1-bath unit, each offering a strong rental history. Extensive improvements throughout the property include fresh paint, upgraded flooring, and modern kitchen appliances, ensuring minimal upkeep and long-term value. Additional storage is available for each unit in the newly rebuilt sheds. The shared on-site coin-operated laundry room and a private, off-street parking lot are added conveniences. Located just 2 miles from the bustling downtown area, tenants will love the convenience of nearby fine dining, breweries, boutique shopping, lively nightlife, and year-round events. A short stroll brings you to the serene Lake Loveland, a perfect draw for tenants seeking relaxation and outdoor recreation. Each unit has its own electric meter, and the tenants pay for their electricity. The other utilities are on single meters. Currently, the landlord pays the other utilities, and the tenants reimburse them for a portion of the expenses. Both water heaters were replaced in 2023. The roof was replaced in 2018 and was verified to be in excellent condition in 2024. The operating expenses are based on the current property management company.

Location

State CO

County Larimer

Zoning R3e

Rooms

Basement None

Interior

Heating Baseboard, Hot Water

Cooling Air Conditioning-Room, Ceiling Fan(s)

Fireplace N

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Electricity Available, Natural Gas Available, Natural Gas Connected

Roof Type Composition

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Garfield

Middle Schools Other

High Schools Thompson Valley

School District Thompson R2-J

Others

Ownership Individual

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Virtual Tour https://920ndouglasave.kittlerealestatelistings.com/

Listed by Kittle Real Estate

Cher Revolinski

Realtor | License ID: FA100054233

+1(303) 884-2738 | cher@extramilehomes.com

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Parker, CO

Cher Revolinski

920 N Douglas AVE Loveland, CO 80537

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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920 N Douglas AVE