1421 N Madison Avenue, Loveland, CO

$900,000

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4

Beds

4

Baths

3,456

Square feet

0.19

Acres

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About 1421 N Madison Avenue

This 4-unit apartment building presents a unique opportunity for investors or owner-occupants to acquire a value-add asset in a highly desirable market. With the potential for increased rents through targeted renovations, this property has the capability to provide significant returns for new ownership. The building is situated on an 8,491-square-foot-foot lot, just north of downtown Loveland, and is located within minutes of major highways and public transportation, providing convenient access to all that the city has to offer. 1421 N Madison features an excellent unit mix comprised of spacious 1-bedroom 1-bath plus den units, with on-site coin-operated laundry and ample off-street parking for the tenants. Value-add potential to further increase NOI through converting the units to 2-bedrooms.

Features of 1421 N Madison Avenue

MLS® # 2248986
Price $900,000
Bedrooms 4
Bathrooms 4.00
Square Footage 3,456
Acres 0.19
Year Built 1963
Type Residential Income
Sub-Type Quadplex
Status Active

Community Information

Address 1421 N Madison Avenue
Subdivision SILVER LAKE 12TH, LOV (20130053147)
City Loveland
County Larimer
State CO
Zip Code 80538

Amenities

Parking Spaces 6
View City, Mountain(s)
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Other
Fireplace No
Stories One

Exterior

Roof Architecural Shingle
Foundation Concrete Perimeter

School Information

District Thompson R2-J
Elementary Monroe
Middle Bill Reed
High Mountain View

Additional Information

Date Listed October 17th, 2023
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePinnacle Real Estate Advisors
Contact Infojrteam@PINNACLEREA.COM,303-962-9555

Listing Map

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