$889,000
Loveland, CO 80537
- 0.25 Acres
- Larimer County
- 8 Beds
- 4 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 1029968
- Year Built: 1996
- Lot/Acreage: 0.25
- County: Larimer
- Neighborhood: Water Addition
Interior Details
- Bedrooms: 8
- Bathrooms: 4
- Appliances: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Disposal
- Heating: Baseboard, Individual Heat Source
- Basement: None
- Water: City Water, City of Lvld
Exterior Details
- Zoning: R3E
- Roof: Composition
- Other Structures: Storage
- Sewer: City Sewer
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
- Address: 1502 E 5th St Loveland CO 80537
- City: Loveland
- State: CO
- Zip: 80537
From Hwy 34, South on N Boise Ave, West on E 5th St to Property
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Listing # Courtesy of Jesse Laner of C3 Real Estate Solutions, LLC. Last Updated: June 17, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
