1005 Shortleaf Court
Loveland, CO 80538
2044 sqft | 4 beds | 1.75 baths | 0.23 acres | #IR1041279
Description
Investor Special - Turnkey Rental with Strong Cash Flow & Recent Upgrades! This 4-bedroom, 2-bathroom ranch-style home is a solid investment opportunity located in a desirable neighborhood near parks, restaurants, shopping, and beautiful Silver Lake. The property features a 1-car attached garage, RV and boat parking, and a large backyard, making it attractive for both tenants and long-term value. Currently leased through October 2025 to excellent, reliable tenants, this home delivers immediate rental income with a solid 6.26% cap rate and dependable cash flow. Investors must honor the current lease, offering a seamless transition with no vacancy risk. The home has seen key updates, including a remodeled basement bathroom (2023), a new furnace (2020), and a brand new water heater (May 2025)--providing peace of mind and reduced maintenance costs for years to come. This is a hands-off, income-producing property in a strong location with great tenants already in place. Don't miss your chance to secure this turnkey rental in a growing market!
Property Details
- Utility FeaturesCable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
- Property SubtypeSingle Family Residence
- Lot DescriptionCul-De-Sac, Level
- SubdivisionSilver Lake Add
- InteriorEat-in Kitchen
- School DistrictThompson R2-J
- High SchoolMountain View
- Sewer InformationPublic Sewer
- Middle SchoolConrad Ball
- MLS #IR1041279
- MLS #IR1041279
- Property TypePurchase
- Original List Price$430,000
- CountyLarimer
- Utility SourcePublic
- Elementary SchoolMonroe
- Taxes Annual$2,062
- Cost430000
- Structure TypeHouse
- Bathrooms1.75
- Acres0.23
- Square Feet2044
- BasementFull
- Year Built1964
- Bedrooms4
- Full Baths1
- 3/4 Baths1
- Parking Spaces1
Location
Legal
Based on information submitted to the MLS GRID as of 2025-08-13 19:41:18 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Morgan Merriman (#RECIRP04429), Phone: 970-692-6353, Email: morganmerrimanhomes@gmail.com
Listing Office: C3 Real Estate Solutions, LLC (#RECIRJCSRE)
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