$1,695,000

332 Terri Dr Loveland, CO 80537

Estimated payment $10,077/month

Total Views 1,913
12 Beds
6 Baths
7,928 Sq Ft
$214 Price per Sq Ft

Highlights

  • City View
  • Balcony
  • Patio
  • No HOA
  • Air Conditioning
  • Baseboard Heating

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 Joles-Pike

RE/MAX Alliance-Windsor

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

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

  • Air Conditioning
  • Baseboard Heating

Listing and Financial Details

  • 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

  • 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
  • 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
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Utilities

  • Cooling: Room Air Conditioner
  • Electric: Electric, City
  • Heating: Baseboard
  • 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

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
  • Lot Size Sq Ft: 20909
  • Parcel #: R1218310
  • ResoLotSizeUnits: SquareFeet

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
  • Annual Gross Income: 124320
  • Income Includes: ["Lease/Rents","Deposits Forfeited","Common Area Fees","Laundry"]
  • Annual Operating Expense: 14406

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

Homes for Sale in 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.

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