1005 Shortleaf Ct Active Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80538
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Subdivision Silver Lake Add
MLS Listing ID 1036448
Style Contemporary/Modern,Ranch
Bedrooms 4
Year Built 1964
Annual Tax Amount $2,062
Lot Size 10,018 Sqft
Property Sub-Type Income Property
Property 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!
Location
State CO
County Larimer
Area Loveland/Berthoud
Zoning R1E
Rooms
Other Rooms Storage
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Laundry Washer/Dryer Hookups
Exterior
Fence Fenced,Wood,Other
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Curbs,Gutters,Sidewalks,Cul-De-Sac,Level,Within City Limits
Story 1
Sewer City Sewer
Water City Water,City of Loveland
Structure Type Brick/Brick Veneer,Vinyl Siding
New Construction false
Schools
Elementary Schools Monroe
Middle Schools Ball (Conrad)
High Schools Mountain View
School District Thompson R2-J
Others
Special Listing Condition Private Owner