5 months on rocket

918 N Garfield Ave, Loveland, CO, 80537

$2,150,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
15 Baths
Townhouse

Location

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918 N Garfield Ave, Loveland$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingGarage Door Opener
Year BuiltNew Const., 2019
HeatingForced Air
CoolingCentral Air, Ceiling Fan(s)
BasementYes
MLS #1011836
Lot Size0.46 Acres
StatusActive

About 918 N Garfield Ave

LOCATION, LOCATION, LOCATION! Offered at a CAP rate of over 5%, this multifamily property has six producing units (3 duplexes). The units are within walking distance of downtown Loveland, and have had virtually a 0% vacancy rate historically since the units were built. The two larger duplexes (3bed/2.5bath) were completed in 2019, and include open floorplans, stainless appliances, lots of natural light, in-unit laundry, fenced yards, unfinished basements and 1-car garages as well as off-street permitted parking. The two smaller units were converted and completely remodeled to the current floorplans and brought to code in 2016, the exterior repainted in 2024. They include updated appliances, open floor plans, natural light, with the charm of some of the original built-in storage, in-unit laundry, off-street permitted parking and enclosed back yards. The original duplex can be rebuilt into a 4-plex of studio units; parking and fire codes have already been satisfied for this plan. In a quiet residential neighborhood with mature landscaping, but close to 4th Street in Loveland, schools, parks, restaurants, bars/breweries, shopping, etc. Sellers/Owners are both licensed real estate agents.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2019
  • Stories: 1

Listing Office:

  • Office Name: Peak Impact Real Estate
  • Office Phone: (970) 576-9183
  • Listing Agent: Troy Valente

Interior Features

Interior Information:

  • Appliances: Electric Range, Self Cleaning Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
  • Basement: Yes
  • Interior: Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan, Pantry

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • Exterior: Lighting

Parking Information:

  • Parking: Garage Door Opener

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk, Sprinklers, Level
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
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Housing Market Comparison

See how this home compares to others in Loveland, CO.

Med. Sold Price

$509.9K

Med. Price/SqFt

$273

Avg. Days On Market

48

# of Sold Homes

108

918 N Garfield Ave vs Loveland

161 DAYS ON ROCKET

+113 Days

$2,150,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Loveland, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: IRES MLS
  • MLS Number: #1011836

Listing Office:

  • Office Name: Peak Impact Real Estate
  • Office Phone: (970) 576-9183
  • Listing Agent: Troy Valente

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES. Information deemed reliable but not guaranteed by the MLS.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-311101
7
/10
  • Truscott Elementary School

  • 211 W 6th St

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-311102
5
/10
  • Garfield Elementary School

  • 720 Colorado Ave

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-311103
4
/10
  • Monroe Elementary School

  • 1500 Monroe Ave

  • 0.66 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,387. Typical income of Loveland, CO residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 918 N Garfield Ave

What is the listing price of this property?

The listing price of 918 N Garfield Ave property is $2,150,000.

What type of property is this?

The property 918 N Garfield Ave is a townhouse located in Loveland, Colorado, 80537.

Is this property for sale now?

Active Listing: 918 N Garfield Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 918 N Garfield Ave has 16 bedrooms and 15 bathrooms.

Which year was this property built?

The year of construction for 918 N Garfield Ave is 2019.

Rocket HomesColoradoLarimer CountyLoveland80537918 N Garfield Ave

This home is located at 918 N Garfield Ave in Loveland, CO and zip code 80537. This home, which was built in 2019, sits on a 0.46 acre lot. Features: 16 bedrooms, 15 bathrooms. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $2,150,000.

While more than 6 listings in Loveland, CO in October 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 59 were sold below. The number of listings in Loveland, CO increased by 7.7% between September 2024 and October 2024. While the average time on the market in October 2024 was 48 days, the median list price was $509,966.

From Rocket Homes Real Estate and based on county public records data.

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