Side-by-Side Duplex with Private
562 Jocelyn Drive Loveland, CO 80537
For Sale
$540,000
Single-story duplex offers two private, fully fenced backyards, in-unit laundry hookups, and attached 2-car garages for each side.
Property Size2,096 SF
Price / SF$257.63
Days on Market10
Property Features for 562 Jocelyn Drive
General Information
Standard status
Active
Size
2,096 SF
Property subtype
Multi Family
Building Details
Year Built
1979
Listing Agency:
The Principal Team
(720) 575-1753
Listed By:
Thomas Grant · License #100086303
(720) 575-1753
Source:
Exitrealty
Added: Jul 20
Changed: Jul 27
Last Checked: Jul 28 at 5:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Principal Team
Investment Insights
Based on property information with market context.
Side-by-side duplex features two single-story homes joined by a common wall, each with its own front entrance. The units include an eat-in kitchen with white cabinetry and a full appliance package, a dining area, and a carpeted living room with a ceiling fan. Wood-look laminate runs through the kitchen and dining space, with carpet in the living and sleeping areas. Each unit offers three bedrooms and a full bath, ceiling fans throughout, and in-unit laundry closet with washer/dryer hookups.
Each side includes a private, fully fenced backyard with patio space, anchored by a mature shade tree, plus separate attached 2-car garages accessed from a wide driveway and four total garage spaces plus off-street parking. The property is served by forced-air heat with space for room air conditioning, public water and sewer, and a composition roof over 1979 frame construction.
Utilities are separately metered with separate gas and electric meters. One unit is leased through July 31, 2027, while the second unit is vacant and move-in ready. The self-managed HOA is $12 per month, with owners paying water, insurance, taxes, and HOA; tenants pay electricity, gas, internet, and trash.
Each side includes a private, fully fenced backyard with patio space, anchored by a mature shade tree, plus separate attached 2-car garages accessed from a wide driveway and four total garage spaces plus off-street parking. The property is served by forced-air heat with space for room air conditioning, public water and sewer, and a composition roof over 1979 frame construction.
Utilities are separately metered with separate gas and electric meters. One unit is leased through July 31, 2027, while the second unit is vacant and move-in ready. The self-managed HOA is $12 per month, with owners paying water, insurance, taxes, and HOA; tenants pay electricity, gas, internet, and trash.
Key Highlights
- Side‑by‑side duplex built in 1979 on a level quarter‑acre lot in Somerset Park, Loveland
- Each unit has 3 bedrooms and a full bath, with ceiling fans and good closet space
- In‑unit laundry: main‑level laundry closet with washer/dryer hookups in each unit
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.2k | $15.36 |
| − Vacancy | −$1.4k | −$0.66 |
| EGI | $30.8k | $14.70 |
| − OpEx | −$9.2k | −$4.41 |
| NOI | $21.6k | $10.29 |
2,096 SF · lease $15.36/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.2K
$269.7K – $359.6K
NOI $21,574 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$285.0K
$249.4K – $332.5K
NOI $19,949 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$562.6K
$492.3K – $656.4K
NOI $39,382 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Single-story duplex offers two private, fully fenced backyards, in-unit laundry hookups, and attached 2-car garages for each side.
Where is this duplex located?
The property is located at 562 Jocelyn Drive Loveland, CO.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1979 on a level quarter‑acre lot in Somerset Park, Loveland; Each unit has 3 bedrooms and a full bath, with ceiling fans and good closet space; In‑unit laundry: main‑level laundry closet with washer/dryer hookups in each unit
