1502 E 5th St, Loveland, CO 80537

$889,000

bedrooms

bathrooms

square feet

3,456

Acreage

0.25

Open Houses

year built

1996

Full Baths

Half Baths

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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
Subdivision	Water Addition
County	Larimer
Elementary School	Winona
Middle School	Bill Reed
High School	Mountain View

Driving directions

Open houses

None scheduled.

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MLS number: 1029968

Listing agent: Jesse Laner

Listing broker: C3 Real Estate Solutions, Llc (970) 225-5154

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Last update: Friday, April 4 2025 at 10:03 a.m. EDT

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