Loveland, CO 80537,1502 E 5th St
Loveland, CO 80537,1502 E 5th St
Loveland, CO 80537,1502 E 5th St
Loveland, CO 80537,1502 E 5th St
Loveland, CO 80537,1502 E 5th St
Loveland, CO 80537,1502 E 5th St
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$ 889,000
Est. payment | /mo

8 Beds

4 Baths

3,456 SqFt


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$ 889,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,456 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,456 sqft

Subdivision Water Addition

MLS Listing ID 8033205

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,456

Originating Board REcolorado

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

Direction From Hwy 34, South on N Boise Ave, West on E 5th St to Property

Interior

Heating Baseboard

Cooling Ceiling Fan(s)

Appliance Dishwasher, Refrigerator, Washer, Microwave, Disposal

Exterior

Garage Spaces 8.0

Roof Type Composition

Porch Patio, Deck

Building

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

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

Senior Community false

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by Jesse Laner • C3 Real Estate Solutions, LLC • [email protected],970-225-5152

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1502 E 5th St