1449 E 1st St, Loveland, CO 80537
- Beds
- 8
- Baths
- 4
- Sqft
- 3,840
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of bedrooms
- 8
- Number of bathrooms
- 4
- Square feet
- 3,840
- Lot size (acres)
- 0.17
- Year built
- 1971
Garage and parking
- Garage parking spaces
- 8
Utilities
- Heating
- Hot water, Baseboard
- Sewer
- Public sewer
- Water
- Public
Taxes
- Tax Annual Amount (2024)
- $3,143
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: IRES MLS MLS®#: 6352166 Last checked: …
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