1502 E 5th ST new to site Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
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