Welcome to a 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. Give us a call to learn about FIRST TIME HOME BUYER PROGRAMS 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.
Off market
$454,500
901 W Kelly Dr, Loveland, CO 80537
4beds
2baths
--sqft
Single Family Residence
Built in ----
-- sqft lot
$454,500 Zestimate®
$--/sqft
$2,146 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Source: BHHS broker feed,MLS#: 1001877
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Refrigerator
Features
- Cable Ready
Property
Features
- Patio & porch: Patio
- Waterfront features: Waterfront
- Frontage type: Waterfront
Details
- Parcel number: 9515115018
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl
Community & neighborhood
Location
- Region: Loveland
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Estimated market value
$454,500