1502 E 5th St new Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Subdivision Water Addition
MLS Listing ID 1029968
Bedrooms 8
HOA Y/N false
Originating Board IRES MLS
Year Built 1996
Annual Tax Amount $3,877
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Attached Dwelling
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
Zoning R3E
Direction From Hwy 34, South on N Boise Ave, West on E 5th St to Property
Rooms
Other Rooms Storage
Basement None
Interior
Interior Features Satellite Avail,High Speed Internet,Eat-in Kitchen,Open Floorplan,Outside Entry
Heating Baseboard,Individual Heat Source
Fireplaces Type None
Fireplace false
Window Features Window Coverings
Appliance Electric Range/Oven,Dishwasher,Refrigerator,Washer,Dryer,Disposal
Laundry Washer/Dryer Hookups
Exterior
Fence Partial,Wood
Utilities Available Electricity Available,Cable Available
Roof Type Composition
Street Surface Paved,Asphalt
Handicap Access Level Lot,Level Drive,Low Carpet,Main Floor Bath,Main Level Bedroom
Porch Patio,Deck
Building
Lot Description Curbs,Gutters,Sidewalks,Level
Faces North
Story 2
Sewer City Sewer
Water City Water,City of Lvld
Level or Stories Two
Structure Type Wood/Frame,Composition Siding
New Construction false
Schools
Elementary Schools Winona
Middle Schools Bill Reed
High Schools Mountain View
School District Thompson R2-J
Others
Senior Community false
Tax ID R0343315
SqFt Source Other
Special Listing Condition Private Owner