1005 Shortleaf Court
Loveland, CO 80538
1022 sqft | 4 beds | 1 bath | 0.23 acres | #1041279
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
- Lot DescriptionCurbs, Gutters, Sidewalks, Cul-De-Sac, Level, Within City Limits
- Utility FeaturesNatural Gas Available, Electricity Available, Cable Available
- InteriorHigh Speed Internet, Eat-in Kitchen
- Utility SourceCity Water, City of Loveland
- BasementFull, Partially Finished
- Property SubtypeResidential-Detached
- SubdivisionSilver Lake Add
- Middle SchoolBall (Conrad)
- High SchoolMountain View
- Sewer InformationCity Sewer
- Property TypePurchase
- CountyLarimer
- MLS #1041279
- MLS #1041279
- Elementary SchoolMonroe
- Cost430000
- Acres0.23
- Square Feet1022
- Year Built1964
- Bedrooms4
- Bathrooms1
- Full Baths1
- Parking Spaces1
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Morgan Merriman (#P04429), Phone: (970) 692-6353
Listing Office: DR Horton Realty LLC (#JCSRE)

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