1502 E 5th Street, Loveland, CO 80537
Local realty services provided by:ERA Teamwork Realty



1502 E 5th Street,Loveland, CO 80537
$849,000
- - Beds
- - Baths
- 3,456 sq. ft.
- Multi-family
- Active
Listed by:jesse laner9706727212
Office:c3 real estate solutions, llc.
MLS#:IR1038346
Source:ML
Price summary
- Price:$849,000
- Price per sq. ft.:$245.66
About this home
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 Exterior paint 8/25, 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.
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Home facts
- Year built:1996
- Listing Id #:IR1038346
Rooms and interior
- Living area:3,456 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Composition
- Year built:1996
- Building area:3,456 sq. ft.
- Lot area:0.25 Acres
Schools
- High school:Mountain View
- Middle school:Other
- Elementary school:Winona
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$849,000
- Price per sq. ft.:$245.66
- Tax amount:$3,877 (2024)
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