1421 Madison Avenue
1421 Madison Avenue
$900,000
4
4
3,456
3,456
$260
Description
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...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.
- Listed by Jeff Johnson • Pinnacle Real Estate Advisors • jrteam@PINNACLEREA.COM,303-962-9555
Property Details for 1421 Madison Avenue
Structure Type
Quadruplex
ViewCity, Mountain(s)
LevelsOne
Stories1
Subdivision NameSILVER LAKE 12TH, LOV (20130053147)
AssociationNo
BasementNo
Location
LISTING UPDATED: 01/03/2024 03:58 PM
Property Details for 1421 Madison Avenue
Status | Active |
---|---|
MLS # | 2248986 |
Days on Compass | 189 |
Taxes | $4,112 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.19 AC / 8,491 SF |
County | Larimer County |
Location
Building Information for 1421 Madison Avenue
Stories-Residences-Year Built1963Building Size-Lot Size0.19 AC / 8,491 SF
Payment Calculator
$5,254 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1421 Madison Avenue
Property History for 1421 Madison Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1421 Madison Avenue
Taxable ValueLand$12,730Additions$43,550Total$56,280
Tax Record2023$4,048 ($337 / month)
Home Facts
Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories1Lot Size8,494 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated2013CountyLARIMERAPN95124-56-001
Schools near 1421 Madison Avenue
This home is within Thompson R2-J School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Monroe Elementary School PublicK to 5 | ||
Conrad Ball Middle School Public6 to 8 | ||
Mountain View High School Public9 to 12 | ||
New Vision Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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