Property Description

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
: Mountain(s), City
Additional Details
For Sale
2248986
Off Street
0.19 Acre
$4,112
2022
Thompson R2-J
Monroe
Bill Reed
Mountain View
Pinnacle Real Estate Advisors
4
None
Income Property
Jeff Johnson
jrteam@PINNACLEREA.COM,303-962-9555

1421 Madison, Loveland, Colorado 80538

4 Bedrooms
4 Bathrooms
3,456 Sqft
$900,000
MLS ID #2248986
Property Details
Property Type : Residential Income
Price : $900,000
Listing Status : Active
Year Built : 1963
Square Footage : 3,456 Sqft
Bedrooms : 4
Bathrooms : 4
Number of Garage Spaces : 6
Agent info
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