1449 E 1st Street , Loveland, CO 80537

$640,000
  • 1449 E 1st Street , Loveland, CO 80537 Main Photo

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Active
BEDS8 BATHS4 SQUARE FEET3,840 MLS#6352166
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONLoveland SCHOOLThompson R2-J

Listing Courtesy of: Guide Real Estate
Agency Contact: 720-445-5847
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Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: None
Heating: Baseboard, Hot Water
Lot Size: 0.17 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,143
Year Built: 1971

Amenities

Laminate Counters
Balcony

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Baths Total: 4
Days on Site: 53
Exclusions: Tenants personal property.
Exterior: Block, Frame
Flooring: Laminate
Laundry: Common Area
Lot: Level
Parcel#: R0392553
Sewer: Public Sewer
Water: Public

Local Schools

High School: Mountain View
Middle School: Bill Reed
Elementary School: Winona
School District: Thompson R2-J

Listed By / Shown By

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

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Estimate Your Payment

Estimated Payment

$ 3,601.06 per month $3,152.47 Principal & Interest $261.92 Property Tax $186.67 Homeowner's Insurance

Change Payment Information

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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