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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
Year Built 1964
Annual Tax Amount $2,062
Tax Year 2024
Lot Size 10,186 Sqft
Property Sub-Type Single Family Residence
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
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Laundry In Unit
Exterior
Fence Fenced
Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available
Roof Type Composition
Building
Lot Description Cul-De-Sac,Level
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Schools
Elementary Schools Monroe
Middle Schools Conrad Ball
High Schools Mountain View
School District Thompson R2-J
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan