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Home For Sale

Picture of Home For Sale in Loveland, Colorado, United States

$889,000

1502 E 5th St
Loveland, Colorado, United States

8bd 4ba 3,456 sqft

Listed By: Homes & Land Magazine

Listed On: 05/07/2025

Listing ID: GL12063917 View More Details

Description

Fantastic 4-plex built in 1996 is an investment opportunity you don#039;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#039; x 10#039; 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.
Source: The World Property Journal

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