(970) 402-6432

1009 N. Taft Ave.

Loveland, Colorado

$275,000| VACANT | 5 Bed, 2 Bath | 1,899 Finished Sq. Ft.
Proforma 6.3% Cap Rate, 9.2% Cash-on-Cash, 15.0% Total Return

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Confidentiality Agreement & Disclosure

The information contained about the property and listing is proprietary and strictly confidential, and is intended to provide general information that prospective purchasers may use to determine whether to pursue negotiations to acquire the subject property. This information should not be made available to any other persons without the express written consent of LC Real Estate Group, LLC. The information included herein has been obtained from sources believed reliable but is not guaranteed. It is your responsibility to independently confirm its accuracy and completeness. LC Real Estate Group, LLC makes no representation or warranty, ex­pressed or implied, in regard to all material information regarding the subject property, and it is not a substitute for a thorough in­vestigation of the actual property, the tenants, the operating history, financial reports, leases, square footage, age, the presence of any environmental conditions or hazards, the property's compliance or lack thereof with respect to any local, city, county, state or Federal regulation, or any other aspect of the property.

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Home Highlights

LC Real Estate Group is pleased to present the opportunity to purchase 1009 North Taft Avenue in the Hill Top subdivision in Loveland, Colorado.

This +/- 2,030 SF home was built in 1960 and offers an excellent investment opportunity and an opportunity  to build equity through home updates. The home offers a large lot with rear alley access and is a great value to find five bedrooms (2 conforming and 3 non-conforming) below $300,000 with a basement).  The home has 1,015 finished SF on the main floor plus a 265 sq. ft. garage that can be converted to additional living space and a sun room. The basement features 1,015 sq. ft. of which approximately 884 sq. ft. is finished with three non-conforming bedrooms, a laundry room, and unfinished storage space. The home has a central Loveland location near lots of amenities and is minutes from Downtown Loveland. 

  • Ranch floor plan with full basement
  • Full 1,015 SF basement with 884 finished SF offers additional living space and three (3) non-conforming bedrooms
  • Fully fenced rear yard with mature trees and existing sprinkler system
  • Large 0.19 acre lot offers ample space for parking in the rear of home off of alley
  • Fireplace
  • Hardwood flooring on living room, dining room, and bedrooms.
  • Sunroom
  • Home has a garage/driveway easement restriction from Taft Avenue  creating opportunity to convert garage into additional living space
  • Broker proforma 6.3% cap rate, 9.2% cash on cash return, and 15.0% total return
  • Home is part of the Thompson R2-j School District and is served by  Garfield Elementary, Conrad Ball Middle School, and Loveland High School with many other additional great options nearby
  • Nearby grocery options include King Soopers at Thompson Valley Towne Centerr at N Taft Ave & US Highway 402, Safeway at N Taft Ave and W Eisenhower Blvd, Sprouts at N Lincoln Ave & E Eisenhower Blvd.
  • Minutes from recreation including Downtown Loveland restaurants, shopping, and breweries, Loveland Museum/Gallery, Loveland  Lake Loveland Swim Beach, Chilson Rec Center, Loveland Library, Barnes Softball Complex & Batting Cages,  River’s Edge Natural Area, Centennial Park, and The Olde Course 18 hole golf course.  
  • Five minute drive to Downtown Loveland restaurants and shopping  

Exclusively Marketed For Sale By:

Rollin Goering

Rollin Goering

Senior Partner
Res. Managing Broker

(970) 402-6432
Wayne Lewis

Wayne Lewis

Senior Partner
Broker Associate

(970) 402-6432