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E Th St, Loveland, Home For Sale

1170 E 5th St Loveland, CO
Price:
$500,000
Address:
1170 E 5th St
City:
Loveland
State:
CO
Zip:
00000
Bedrooms:
4
Bathrooms:
2

Property being repainted to grey scheme shown in first photo in August 2024. LIVE HERE FOR LESS THAN $1, 500/MONTH WITH ONLY 5% DOWN AS HALF OWNER OCCUPIED UNIT. Unique opportunity to own an infill duplex with FOUR (4) separately rented detached garage spaces minutes from Downtown Loveland. Freshly painted and updated exterior trim. Current tenants are with long term tenants and are on a month-to-month lease. Pro forma rents of $1, 450/month/unit. Broker average rent of $1, 444/month or $1.84/SF (786 Avg Unit SF). Survey rent per SF of $1.84/SF applied to subject's 890 SF unit size is a monthly rent of $1, 640/month. Property is eligible for Section 8 Housing Choice Voucher program (Ask for rent schedule). Separately leased detached garage spaces ($100/mo.) w/ market rent of $125/mo. or greater. Tenants pay separately metered gas and electricity. Sewer, storm, and trash charges are paid by owner and are reimbursable per lease. Owner pays for water and landscaping maintenance.

Extra Information for 1170 E 5th St Loveland, CO
  • Seller Type: By Owner
  • Category: Single-Family Houses
  • Square Feet: 890
  • Conditions: Resale
  • Amenities: Parking
  • Listed Date: Jul 20, 2024

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