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Lucrative investment opportunity at 901-903 W Kelly Dr, Loveland, CO 80537. A strategically positioned duplex on Loveland's west side, just minutes from downtown. Perfect for an experienced investor or the first time home buyer looking to offset their mortgage payment with rental income. FIRST TIME HOME BUYER PROGRAMS available that allow multiunit properties with personal occupancy. This income-generating property features a well-designed duplex layout, with 901 currently leased for a year to a stable tenant at $1,650/month, ensuring immediate returns for savvy investors. Boasting a substantial 792 square feet, including an attached garage and backyard. Step out onto the covered patio and expansive fenced backyard, offering backyard access along the Big Barnes River. Unit, 903 (rental potential $1,500 to $1,700/mo.) underwent a beautiful renovation, enhancing its market appeal. Updates include a newly tiled kitchen and bath, fresh paint, Luxury Vinyl Plank flooring and upgraded doors, electrical outlets/covers and new baseboards. Both units share the enduring appeal of hardwood floors, providing a timeless aesthetic and ease of maintenance. Whether you're a seasoned investor or someone entering the real estate market, this duplex offers a blend of current income and future potential. The property's proximity to downtown Loveland, Parks & Schools ensures a high demand for rental units, making it an ideal addition to your investment portfolio. Explore the financial possibilities of 901-903 W Kelly Dr, where the beauty of waterfront living meets the promise of consistent returns. Schedule a showing today and seize the opportunity to elevate your investment strategy in Northern Colorado. NOTE: Seller will install w/d in unit 903 if buyer would prefer. The tradeoff is less storage space since it would have to go in the closet as a stackable w/d.PROPERTY FEATURES
Utilities :
Cable Available
Water Source :
Public
Sewer Source :
Public Sewer
Parking Total:
2
Fencing :
Fenced
Lot Features :
Level
Patio And Porch Features :
Patio
Road Frontage Type :
Public
Road Surface Type :
Paved
Roof :
Composition
Zoning:
RES
Cooling:
Attic Fan
Heating :
Forced Air
Construction Materials:
Brick
LaundryFeatures :
In Unit
Levels :
One
Interior Features:
Eat-in Kitchen
Appliances :
Microwave
Windows Features:
Double Pane Windows
PROPERTY DETAILS
Street Address: 901-903 Kelly Drive
City: Loveland
State: Colorado
Postal Code: 80537
County: Larimer
MLS Number: IR1001877
Year Built: 1963
Courtesy of Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
City: Loveland
State: Colorado
Postal Code: 80537
County: Larimer
MLS Number: IR1001877
Year Built: 1963
Courtesy of Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins
Courtesy of CBRE Inc
Courtesy of Hayden Outdoors - Windsor