Fantastic duplex opportunity, with the option to house hack, or treat as a traditional investment! Tucked away on a peaceful cul-de-sac, this 1960's over-under at 1112 Gard Place offers two 3-bed, 1-bath units (roughly 1,100 square feet each) with spacious layouts, abundant natural light, and mature trees. Both feature stylish… Read More plank flooring for a fresh, modern feel. The upper unit includes washer/dryer and is rented at $1,500/month. Room to increase rent on this by several hundred per month. The lower unit is fully renovated with new interior paint, carpet, bathroom upgrades, and blinds - ideal for house hacking or renting at market rent. Over $20,000 in recent upgrades within the past 6 months, including a tankless high-efficiency boiler and baseboard heating system, interior upgrades to the lower unit, plus fresh exterior paint. The oversized lot lays out perfectly to separate into a private yard space for each unit, plus plenty of off street parking. Enjoy the quiet location and the ability to walk to Old Town Loveland! Self-manage the upper unit to save on property management fees or keep the professional property managers in place! So much opportunity here to either secure a proven financial winner, or take your first step onto the property ladder and become an investor at the same time! Setup your showing today! Read Less
Construction Materials: "Brick", Levels: "Bi-Level", Occupant Type: Tenant, Total Area: 2173, Unit Count: 2, Unit Types: "Array", "Array", Built in 1965, 2 total units
Expenses
Operating Expense: $4,717
Heating
Heating: "Hot Water"
Income
Gross Income: $3,000, Income Includes: "Rent Only", Net Operating Income: $32,531, Projected Gross Operating Income: $37,248
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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