Listing Courtesy of:
Guide Real Estate
Agency Contact: 720-445-5847
Opportunity Knocks for investors seeking a true value-add quadplex in an established Loveland location near daily conveniences and commuter routes. The property offers a clear step-by-step upside plan: lower operating expenses by evaluating a transition from the current shared boiler/hot-water baseboard setup to unit-specific electric heat (and A/C where feasible) so tenants can pay their own heating costs (subject to feasibility, permits, and electrical capacity). Next, unlock additional revenue by adding garage doors to the existing shed/garage structure and charging for garage/storage use. Finally, increase returns by bringing rents to market. All tenants are month-to-month. Tenants pay electric; owner currently pays gas, water, and trash (verify). Buyer to verify unit mix, rent roll, expenses, square footage, and all information deemed material.
Listed By
Agency Name: Guide Real Estate
Agency Contact: 720-445-5847
Shown By
Agent Name: Jason Lyman
Agent Phone: (719) 220-0541
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 3,601.06 per month $3,152.47 Principal & Interest $261.92 Property Tax $186.67 Homeowner's Insurance
1449 E 1st Street | MLS# 6352166
This multi-family property located at 1449 E 1st Street , Loveland, CO 80537 is currently listed for sale with an asking price of $640,000. E 1st Street is located within the Thompson R2-J school district. Search Loveland real estate on www.lyman-group.com today.