NOT LISTED FOR SALE

125 S Jefferson Ave Loveland, CO 80537

1 Bed
1 Bath
3,840 Sq Ft
7,458 Sq Ft Lot

Last Sold July 31, 2013

Last sale price $394,000 $103 Per Sq Ft

16 Days on Market

Highlights

  • No HOA
  • Partially Fenced Property
  • Level Lot
  • Forced Air Heating System

About This Home

As of July 2013

Investors- This one is a Cash Cow!! 8- 1 Bed 1 Bath units in Downtown Loveland. Always full and easy to rent. Solid 8% Cap Rate with a 14% cash on cash return. Don't let this one get away. Tenants pay rent plus utilities (electric, gas, trash) and a $30/ month fee for water, sewer and common area cleaning. Listing agent member within ownership entity. 24 hour notice to show.

Last Agent to Sell the Property

Alex Schuman

Schuman Companies Listed on: 06/15/2013

Last Buyer's Agent

Steven Noel

RE/MAX Alliance-Longmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1946

Lot Details

  • 7,458 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Loveland High School

Additional Features

  • Exterior Lighting
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity, water, sewer
  • Assessor Parcel Number R0416100

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Ballard Place Subdivision

Building Details

  • Gross Income $50,211
  • Net Operating Income $32,639

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,446

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Year Built: 1946
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Subdivision Name: Ballard Place
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 3840
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Level
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, City
  • Heating: Forced Air, 2 or more Heat Sources
  • Utilities: Natural Gas Available, Electricity Available
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Truscott
  • HighSchool: Loveland
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: R3- E
  • Lot Size Sq Ft: 7458
  • Parcel #: R0416100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity, Water, Sewer

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2446

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 50211.15
  • Income Includes: ["Lease/Rents"]
  • Annual Operating Expense: 17572

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Off Market $394,000 -- --
07/31/2013 07/31/13 Sold $394,000 -2.7% $103 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $405,000 -- $105 / Sq Ft
Source: IRES MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: 711222

IRES MLS

APN: 95242-25-039