NOT LISTED FOR SALE

1428 S Dotsero Ave Loveland, CO 80537

9 Beds
4 Baths
6,264 Sq Ft
0.26 Acres

Last Sold July 26, 2023

Last sale price $925,000 $148 Per Sq Ft

15 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Air Conditioning
  • Carrie Martin Elementary School Rated 9+
  • Brick Veneer
  • Hot Water Heating System

About This Home

As of July 2023

Great cash flow opportunity for INVESTORS! Four plex with great rental and earning history, 1 unit has three beds one bath, and the other three units have two beds one bath. Washer and dryer hookups in the lower two units, plus a coin operated laundry for all units. Off street parking for tenants. Great location with easy access to Ft. Collins, Greeley, Longmont and I-25. Located near schools, shopping and restaurants. Come check out this great investment property!

Last Agent to Sell the Property

Beth Buman

Group Loveland Listed on: 06/13/2023

Group Loveland

Last Buyer's Agent

Don Dunn

Dunn Real Estate & Mgmt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,549

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • West Facing Home
  • Fenced
  • Level Lot

Home Design

  • Contemporary Architecture
  • Brick Veneer
  • Composition Roof

Interior Spaces

  • 6,264 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Carrie Martin Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Air Conditioning
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Assessor Parcel Number R0422274

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Loch Lon Subdivision

Building Details

  • Gross Income $62,400
  • Net Operating Income $45,721

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,549

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Year Built: 1972
  • Property Sub Type: Income Property
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Loch-Lon
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Bi-Level
  • New Construction: No
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6264
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Total Bedrooms: 9
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer
  • Direction Faces: West
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Hot Water
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Carrie Martin
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: R3E
  • Lot Size Sq Ft: 11250
  • Parcel #: R0422274
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3549

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 62400
  • Annual Operating Expense: 16679

Range of Values:

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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
07/26/2023 07/26/23 Sold $925,000 -5.1% $148 / Sq Ft
06/13/2023 06/13/23 For Sale $975,000 -- $156 / 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: 989861

IRES MLS