1502 E 5th St new Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $257
Subdivision Water Addition
MLS Listing ID 8033205
Bedrooms 8
Year Built 1996
Annual Tax Amount $3,877
Property Sub-Type Income Property
Property Description
Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass on! As you know, a newer built 4 plex that has been WONDERFULLY maintained is very hard to find in Loveland. Excellent CAP rate for a property of this condition and low maintenance costs. All 4 units feature 2bed/1ba and include 2 off-street parking spaces. NEW roof 2020, all exterior windows (front and back) have been replaced, between 2017-2018 replaced bath/shower units and sliding bath doors, carpet in bedrooms, synthetic hardwood floors, kitchen appliances (dishwasher, sink, garbage disposals, range, and refrigerator. Brand new water heaters in two units, the other two replaced in 2017/2018. Asphalt drive/parking done in 2023. All electric units (no gas), separately metered - tenants pay. Garbage/Water/Sewer - owner currently pays. Cable TV/internet - tenants pay. Each unit has an 4' x 10' enclosed, locked storage area off each units back deck/patio. Currently there is no PM fee, owner self manages and pride of ownership is evident. All units have washer and dryer hookups, but 1504 and 1508 have washer and dryer units owned by seller so will convey.
Location
State CO
County Larimer
Area Loveland/Berthoud
Interior
Heating Baseboard
Cooling Ceiling Fan(s)
Exterior
Garage Spaces 8.0
Roof Type Composition
Building
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Winona
Middle Schools Bill Reed
High Schools Mountain View
School District Thompson R2-J
Others
Special Listing Condition Private Owner