1421 N Madison Avenue, Loveland

$900,000

4 Beds
4 Baths
3,456 Sqft
.19 Acres
0 Garages

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.

Essential Information
MLS® #2248986
Price$900,000
Bedrooms4
Bathrooms4.00
Square Footage3,456
Acres0.19
Year Built1963
TypeResidential Income
Sub-TypeQuadplex
StatusActive
Community Information
Address1421 N Madison Avenue
CityLoveland
CountyLarimer
StateCO
Zip Code80538
Subdivision

SILVER LAKE 12TH, LOV (20130053147)

Amenities
ViewCity, Mountain(s)
Interior
HeatingElectric
CoolingOther
StoriesOne
Exterior
RoofArchitecural Shingle
FoundationConcrete Perimeter
School Information
DistrictThompson R2-J
ElementaryMonroe
MiddleBill Reed
HighMountain View
Additional Information
Date ListedOctober 17th, 2023
Parking Spaces6
Listing Details
OfficePinnacle Real Estate Advisors
LISTING MAP

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