$1,695,000

332 Terri Dr Loveland, CO 80537

Estimated payment $9,648/month

Total Views 5,533
12 Beds
6 Baths
7,928 Sq Ft
$214 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Cooling Available
  • 0.48 Acre Lot
  • Balcony
  • Patio

About This Home

Turn key investment opportunity! Hard to find 8 unit MF building in the heart of Loveland. This building has great rental history and potential for increased rents. There is coin-operated laundry onsite for increased income and plenty of off-street parking. Each unit is 900 SQFT and has private patio/balcony areas. Tenants pay additional fees for water, sewer, trash and common area clean. Each unit is equipped with wall unit A/C and electric baseboard heat. Tenants pay for their own electric. New roof in 2023. Property is currently under professional management. New buyer can keep the current management company or choose their own.

Listing Agent

Jessica Pike

RE/MAX Alliance-Windsor Listed on: 03/14/2025

RE/MAX Alliance-Windsor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 1985

Lot Details

  • 0.48 Acre Lot
  • Sprinkler System

Parking

  • 16 Parking Spaces

Home Design

  • Property Attached
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 7,928 Sq Ft Home
  • 2-Story Property
  • City Views

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Schools

  • Milner Elementary School
  • Clark Middle School
  • Thompson Valley High School

Utilities

  • Cooling Available
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity, water, sewer, trash collection
  • Assessor Parcel Number R1218310

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Burd Subdivision

Building Details

  • Gross Income $124,320
  • Net Operating Income $109,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,406

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Inclusions: No Units Furnished,Electric Range/Oven,Dishwasher,Refrigerator
  • Year Built: 1985
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.48
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Burd
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 7928
  • 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: 12

Exterior Features

  • Roof: Composition
  • Lot Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System
  • View: City
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame
  • Exterior Features: Lighting, Balcony
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Total Parking Spaces: 16

Utilities

  • Cooling: Wall/Window Unit(s)
  • Electric: Electric, City
  • Heating: Baseboard
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: No
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

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

Lot Info

  • Zoning: R3
  • Land Lease Amount Frequency: Fixed Term
  • Lot Size Sq Ft: 20909
  • Parcel #: R1218310
  • Irrigation Water Rights: No

Rental Info

  • Tenant Pays: Deposit, Electricity, Water, Sewer, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7406

Multi Family

  • Number Of Units Total: 6
  • Number Of Units Furnished: None
  • Annual Gross Income: 124320
  • Income Includes: ["Lease/Rents","Deposits Forfeited","Common Area Fees","Laundry"]
  • Annual Operating Expense: 14406
  • Total Actual Rent: 6950

Map

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
03/14/2025 03/14/25 For Sale $1,695,000 -- $214 / Sq Ft
Source: IRES MLS

Source: IRES MLS

MLS Number: 1028815

IRES MLS

APN: 95222-39-001

Colorado Larimer County Loveland 80537

332 Terri Dr, Loveland, CO

This home is located at 332 Terri Dr, Loveland, CO 80537 and is currently priced at $1,695,000, approximately $213 per square foot. This property was built in 1985. 332 Terri Dr is a home located in Larimer County with nearby schools including Sarah Milner Elementary School, Walt Clark Middle School, and Thompson Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS.

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Jessica Pike
Listing Agent
Jessica Pike
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RE/MAX Alliance-Windsor
(970) 540-4248