1150-1152 E 5th, Loveland, CO 80537
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1150-1152 E 5th,Loveland, CO 80537
$499,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kyle basnar
Office: group mulberry
MLS#:IR1058773
Source:ML
Price summary
- Price:$499,000
About this home
Well-maintained over/under duplex in a prime location near downtown Loveland, offering easy access to local restaurants, breweries, shopping, and year-round community events. Situated on 5th Street, enjoy quick connectivity across town while being just minutes from the charm and energy of the historic downtown district. This property is just blocks away from the Civic Center trail and Sunnyside Park, perfect for outdoor enthusiasts and guests looking to enjoy the local scenery. Zoning allows for short-term rentals (STR), making this an incredible opportunity to capitalize on Loveland's travel market or create a high-yield vacation rental portfolio. The property currently generates $3,300/month in total rent: the upper unit features 2 bedrooms and 1 bath (rented at $1,700/mo), while the lower unit offers 3 bedrooms and 1 bath (rented at $1,600/mo)-providing immediate cash flow and flexible long-term or short-term rental opportunities. Recent updates include newer interior and exterior paint, with all kitchen appliances and water heaters replaced in 2021. Additional highlights include shared washer/dryer hookups, a spacious yard with a fire pit and storage shed, and four paved off-street parking spaces-a premium feature for both residents and short-term guests. This is an excellent opportunity for investors or owner-occupants to live in one unit while generating significant income from the other in one of Loveland's most convenient and desirable locations....
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Home facts
- Year built:1948
- Subdivision & Development:Wilson
- Listing ID #:IR1058773
Rooms and interior
- Kitchen Description:Oven, Refrigerator
- Basement Description:Daylight, Full
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1948
- Construction Materials:Wood Frame
- Levels:1 Story
Schools
- High school:Mountain View
- Middle school:Other
- Elementary school:Winona
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Tax amount:$2,338
Features and amenities
- Laundry features:Dryer, Washer
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