FOR SALE
1421 N Madison Avenue
Loveland, CO 80538
- 4 Beds
- 4 Baths
- 3,456 sqft
- 4 Beds
- 4 Baths
- 3,456 sqft
4 Beds
4 Baths
3,456 sqft
Local Information
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Commute Destination
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 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.
Home Highlights
Parking
6 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$260
Listed
180+ days ago
Home Details for 1421 N Madison Avenue
Interior Features |
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 3456 Square Feet |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Electric |
Windows, Doors, Floors & Walls Flooring: Carpet, Laminate, WoodCommon Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 1Levels: OneEntry Location: Exterior AccessFloors: Carpet, Laminate, Wood |
View Has a ViewView: City, Mountain(s) |
Exterior Features |
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Exterior Home Features Roof: ShingleFoundation: Concrete Perimeter |
Parking & Garage Other Parking: Off Street Spaces: 6No Attached GarageParking Spaces: 6 |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 3456 Square Feet |
Days on Market |
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Days on Market: 180+ |
Property Information |
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Year Built Year Built: 1963 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: QuadruplexStructure Type: QuadruplexArchitecture: Quadruplex |
Building Construction Materials: Brick, Concrete |
Property Information Not Included in Sale: Tenant's Personal PropertyParcel Number: R1654605 |
Price & Status |
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Price List Price: $900,000Price Per Sqft: $260 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: LovelandCommunity: Silver Lake 12th, Lov (20130053147) |
School Information Elementary School: MonroeElementary School District: Thompson R2-JJr High / Middle School: Bill ReedJr High / Middle School District: Thompson R2-JHigh School: Mountain ViewHigh School District: Thompson R2-J |
Agent Information |
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Listing Agent Listing ID: 2248986 |
Building |
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Building Area Building Area: 3456 Square Feet |
Community |
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Not Senior Community |
HOA |
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No HOA |
Lot Information |
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Lot Area: 8491 sqft |
Listing Info |
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Special Conditions: Standard |
Offer |
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Listing Terms: 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan |
Mobile R/V |
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Mobile Home Park Mobile Home Units: Feet |
Compensation |
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Buyer Agency Commission: 2.8Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Business |
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Business Information Ownership: Individual |
Miscellaneous |
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Mls Number: 2248986Attribution Contact: jrteam@PINNACLEREA.COM, 303-962-9555 |
Additional Information |
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Mlg Can ViewMlg Can Use: IDX |
Last check for updates: about 3 hours ago
Listing courtesy of Jeff Johnson, (303) 962-9555
Pinnacle Real Estate Advisors
Source: REcolorado, MLS#2248986
Price History for 1421 N Madison Avenue
Date | Price | Event | Source |
---|---|---|---|
11/29/2023 | $900,000 | PriceChange | REcolorado #2248986 |
11/16/2023 | $950,000 | PendingToActive | REcolorado #2248986 |
11/09/2023 | $950,000 | Pending | REcolorado #2248986 |
10/17/2023 | $950,000 | Listed For Sale | REcolorado #2248986 |
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Comparable Sales for 1421 N Madison Avenue
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
---|---|---|---|---|---|---|---|
0.49 | Multi-Family Home | $575,000 | 12/28/23 | 4 | 2 | 1,842 | |
0.50 | Multi-Family Home | $575,000 | 12/28/23 | 4 | 2 | 1,842 | |
0.69 | Multi-Family Home | $563,000 | 07/07/23 | 6 | 4 | 2,580 | |
0.52 | Multi-Family Home | $425,000 | 03/13/24 | 4 | 2 | 1,800 | |
0.52 | Multi-Family Home | $425,000 | 03/13/24 | 4 | 2 | 1,800 | |
0.86 | Multi-Family Home | $728,000 | 12/08/23 | 3 | 3 | 3,116 | |
0.62 | Multi-Family Home | $450,500 | 08/31/23 | 4 | 2 | 1,440 | |
0.48 | Multi-Family Home | $539,900 | 09/07/23 | 3 | 1 | 2,224 |
What Locals Say about Loveland
- Sheri Sorem
- Resident
- 2mo ago
"My neighbors and I look out for each other. I love living in Loveland. It’s my favorite place I’ve ever lived. "
- Sally B.
- Resident
- 3y ago
"Loveland is generally safe. There are numerous parks and open spaces. Loveland has swimming options, a lot of arts and indoor recreation during the winter months. It’s still a nice place to live."
- Curtismaison
- Resident
- 3y ago
"Schools are excellent. Neighborhoods are safe. Great food delivery. Close to Rocky Mountain NAtional Park. "
- Sara F.
- Resident
- 3y ago
"We moved here 2 years ago and love it! Friendly and small town vibes. Good restaurants, good schools, feels safe. "
- Diane S.
- Resident
- 3y ago
"The elementary school has a neighborhood block party. They also have family movie nights and other events. "
- Arthur H.
- Prev. Resident
- 3y ago
"Not too much traffic. Not too many lights. Low speed limits. Strict police. Older community so slower moving all together "
- Diane S.
- Resident
- 3y ago
"Friendly, easygoing and quiet. Kids play together and get along. School is within walking distance. "
- Richard A. S.
- Resident
- 3y ago
"I live close to work and other places so it is easy get around. There is a school nearby and a small park. "
- Elissa F.
- Resident
- 4y ago
"Quiet, friendly, dog owners, families, young kids, young adults, close to shopping, food, schools and county buildings."
- Diane S.
- Resident
- 4y ago
"Lots of kids play together and neighbors get along and do things for each other. All the kids walk to school and sometimes together. "
- Elissa F.
- Resident
- 4y ago
"My neighborhood is closer to shopping, dining, schools, and easy in and out highways and interstate."
- Mgutierrez1101
- Resident
- 4y ago
"There’s bus stops off of all the main roads I commute by car so I don’t need to use any of them but they are there."
- Amy W.
- Resident
- 4y ago
"Kids are safe and neighbors are friendly and helpful! The wildlife is also amazing! Down town is fun to visit!"
- Elissa F.
- Resident
- 4y ago
"There are many families and young adults in our area. Friendly people and responsible pet owners. Plenty to do with so many lakes, parks, trails, shopping and restaurants. "
- Roshana
- Resident
- 4y ago
"Very busy during morning and evening commute, however, it flows mostly very well compare to traffic in and around Denver."
- Ramblinmama
- Resident
- 4y ago
"Quite, hardly any traffic, large open space, nice middle aged neighborhood. Can do what you want with house and yard because HOA is not present. Many trees in for shade and the the road has been resurfaced. There is absolutely very low crime and good neighborhood watch program. We have a nice PGA golf course close and and very nice end homes being built a few blocks away. Wild life is close but not bother some. Chickens are welcome only up to seven. Many birds owl and hawks fly around the yard keeping pest to a minimum."
- Sowardsam
- Resident
- 4y ago
"School of choice area in Loveland, so transportation is limited if you don’t live close to the school"
- Thornhill6
- Visitor
- 4y ago
"Love the feel and look. Great local shops and restaurants. Nice friendly people. Great local artists and music. "
- Amanda J.
- Resident
- 4y ago
"Most people and their dogs are super friendly and do their best to keep everyone happy and safe. Good dog owner etiquette"
- Frankkinder
- Resident
- 4y ago
"Great trails, safe, and doggie waste stations make it easy and pleasant. It’s a neat way to meet people too."
- Silvia_estrada
- Resident
- 4y ago
"We have movie night for the kids . The community always celebrate important holidays for the kids and everyone is absolutely friendly "
- Julie.h.w
- Resident
- 4y ago
"I don'know. Loveland downtown is a good place to go. They have musical festivals during summer and ice and fire festivals during winter. "
- Hope B.
- Resident
- 4y ago
"lots of places to walk your dog nice dog parks, dogs are always on leashes and they are quiet you don't hear dogs barking all the time. there are areas for your dogs to play and run "
- Bnt G.
- Resident
- 4y ago
"We have planned events at the club house for all ages. An original group of ladies gather to celebrate birthdays."
- Windy E.
- Resident
- 4y ago
"Usually pretty quick. Not a whole lot of traffic. I don’t know what else to say it isn’t bad at all. "
- Lisasquire
- Resident
- 4y ago
"Corn festival and all of the sculpture park. Boyd Lake and The Art in the park event. Bike trails are nice too."
- Jasmin S. B.
- Resident
- 4y ago
"Loveland is nice but can be just a little risky in the night. There are wonderful parks and lakes to visit. "
- Matt H.
- Resident
- 5y ago
"Everyone has dogs. There is a park for kids and dogs. Potty stations in the neighborhood. Potty bags and trash stations. Very dog or kid friendly. "
- Natasha J.
- Resident
- 5y ago
"Generally safe town/city. Lots of schools and safe neighborhoods. The neighbors know each other and people ride bikes/walk dogs etc. "
- Jennifer T.
- Resident
- 5y ago
"My neighborhood is part of the City of Loveland hiking trail. The area is very well maintained by both the neighbors and City of Loveland. The trail leads up to several parks and ponds. Boyd lake is less than a mile and a half up the trail from my house. McKee medical Center is 8 blocks away. Because the hospital shares the same power grid as my neighborhood we rarely have power outages. in fact there has only been one power outage in the 20 years I've lived here."
- Rhcpotts
- Resident
- 5y ago
"There's been a pizza party, pool party, and Halloween party ai far this year. Move to come in near future."
- Carol F.
- Resident
- 5y ago
"There’s tons of great parks for dogs. Most home owners don’t want dogs peeing on or near their yard. Same with local businesses. "
- Debra P.
- Resident
- 5y ago
"people from nearby neighborhoods walk their dogs in my neighborhood. This causes the dogs on my street to bark much more than they did a couple years ago (before all the houses were built)"
- Stephanie J.
- Resident
- 5y ago
"We have been here 2yrs and the area looks nice but there are weekly overdoses, police calls and attempted car break ins. The traffic here is absolutely ridiculous, and I'm from California!!!"
- Bosox01
- Resident
- 5y ago
"People are always out walking their dogs... most people pick up after their dogs and are friendly. Sidewalks are almost everywhere. "
- Julie h. w.
- Resident
- 5y ago
"This community has good floor plans. People live in this community are nice and friendly. This community is new and clean. People take care of their back yards."
- Kenziskye628
- Resident
- 5y ago
"It’s a very diverse neighborhood. The city has a good bus system. The city as a whole has nearly no diversity. Slowly getting very crowded but I believe they are trying to accommodate. Used to be a purely retirement area with a few families but they are working on making it a more young people and family friendly area. "
- Debord l.
- Resident
- 5y ago
"Downtown Loveland is a great place to live. Everything is within walking distance and new buildings are coming up to make that even more true. It’s really easy to make plans because you never have to drive anywhere, you can just walk and have them meet you. However, parking can sometimes be hard."
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Jeff Johnson, Pinnacle Real Estate Advisors
© 2023 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1421 N Madison Avenue, Loveland, CO 80538 is a 4 bedroom, 4 bathroom, 3,456 sqft multi-family built in 1963. This property is currently available for sale and was listed by REcolorado on Oct 17, 2023. The MLS # for this home is MLS# 2248986.