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
0.25 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Subdivision Water Addition

MLS Listing ID IR1029968

HOA Y/N No

Originating Board recolorado

Year Built 1996

Annual Tax Amount $3,877

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadplex

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

Zoning R3E

Rooms

Basement None

Interior

Interior Features Eat-in Kitchen, Open Floorplan

Heating Baseboard

Equipment Satellite Dish

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Fence Fenced, Partial

Utilities Available Cable Available, Electricity Available, Internet Access (Wired)

Roof Type Composition

Total Parking Spaces 8

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Wood Frame

Schools

Elementary Schools Winona

Middle Schools Other

High Schools Mountain View

School District Thompson R2-J

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA


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REColorado (REColorado MLS)
Listed by C3 Real Estate Solutions, LLC • 9706727212
agent-avatar

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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1502 E 5th ST