1421 N Madison Avenue Loveland, CO $ 900,000
1421 N Madison Avenue
$ 900,000
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1421 N Madison Avenue

Loveland, CO, 80538
$ 900,000
Bedrooms4 Baths4.0 Sq 3,456

Monthly Estimate*

$ 5,982

Listed by Pinnacle Real Estate Advisors
1421 N Madison Avenue, Loveland, CO 80538 - Image 1
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1421 N Madison Avenue, Loveland, CO 80538 - Image 8
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Multi-Family Home for sale in Loveland, CO

for $900,000 with 4 bedrooms and 4 full baths. This 3,456 square foot home was built in 1963 on a lot size of 0.19.

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.

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Multi-Family Active

Price

$ 900,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,112

Style

Quadruplex

Lot Size

0.19

Year Built

1963

Town/City

Loveland

County/Region

Larimer

MLS | Web ID

2248986

Features
General
Sewer Public Sewer
Heating Electric
Cooling Other
Roof Architecural Shingle
Garage Spaces 0
Construction Materials Brick Concrete
Exclusions Tenant's personal property
Year Built 1963
View City Mountain(s)
Levels One
Property SubType Quadplex
Tax Year 2022
Percent Ownership Individual
County Larimer
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name SILVER LAKE 12TH LOV (20130053147)
Status Active
High School Mountain View
City Loveland
Buyer Agent Compensation 2.8
Entry Location Exterior Access
Senior Community Y/N N
High School District Thompson R2-J
Lot Size Units Square Feet
Lot Size Square Feet 8491
Carport Spaces 0
Street Name Madison
Listing Terms 1031 Exchange Cash Conventional FHA Other VA Loan
Elementary School Monroe
Tax Annual Amount 4112
Middle/Junior High School Bill Reed
Structure Type Quadruplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Thompson R2-J
Elementary School District Thompson R2-J
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Laminate Wood
Common Walls 2+ Common Walls
Basement (Y/N) N
Above Grade Finished Area 3456
Street Suffix Avenue
Laundry Features Common Area
Total Bedrooms 4
Total Baths 4
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Exterior
Total Parking 6
Lot Size Area 8491
Foundation Details Concrete Perimeter
Building Area Total 3456
Lot Size Acres 0.19
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Internal Only
Street Number 1 1421
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9555

Phone

Affordability Calculator

$6,324
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,982
Monthly Property Taxes
$343
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043958 Elementary School
1524306 Middle School
Mountain View High School High School
Pricing History
DatePricePrice ChangeDescription
11/29/2023$900,000 -5.26% Price Down
10/17/2023$950,000 Listed Price

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1421 N Madison Avenue, Loveland, CO, 80538 is a Multi-Family Home for sale at $900,000 with 3,456 sqft and a lot size of 0.19. 1421 N Madison Avenue has 4 bedrooms, 4.0 baths, and was built in 1963. The property's zip code is 80538 which is in Loveland, CO