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Loveland,CO 80538
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,044 sqft
Price per Sqft $220
Subdivision Silver Lake Add
MLS Listing ID IR1036448
Style Contemporary
HOA Y/N No
Year Built 1964
Annual Tax Amount $2,062
Tax Year 2024
Lot Size 10,186 Sqft
Acres 0.23
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Investor Special - Turnkey Rental with Strong Cash Flow & Recent Upgrades! This 4-bedroom, 2-bathroom ranch-style home is a solid investment opportunity located in a desirable neighborhood near parks, restaurants, shopping, and beautiful Silver Lake. The property features a 1-car attached garage, RV and boat parking, and a large backyard, making it attractive for both tenants and long-term value. Currently leased through October 2025 to excellent, reliable tenants, this home delivers immediate rental income with a solid 6.26% cap rate and dependable cash flow. Investors must honor the current lease, offering a seamless transition with no vacancy risk. The home has seen key updates, including a remodeled basement bathroom (2023), a new furnace (2020), and a brand new water heater (May 2025)--providing peace of mind and reduced maintenance costs for years to come. This is a hands-off, income-producing property in a strong location with great tenants already in place. Don't miss your chance to secure this turnkey rental in a growing market!
Location
State CO
County Larimer
Zoning R1E
Rooms
Basement Full
Interior
Interior Features Eat-in Kitchen
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplace N
Appliance Dishwasher,Disposal,Dryer,Oven,Refrigerator,Washer
Laundry In Unit
Exterior
Fence Fenced
Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available
Roof Type Composition
Total Parking Spaces 3
Building
Lot Description Cul-De-Sac,Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Monroe
Middle Schools Conrad Ball
High Schools Mountain View
School District Thompson R2-J
Others
Ownership Individual
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan