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$ 499,000
Est. payment /mo
Active
1150-1152 E 5th ST Loveland, CO 80537
9,037 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Wilson
MLS Listing ID IR1058773
HOA Y/N No
Year Built 1948
Lot Size 9,037 Sqft
Acres 0.21
Property Sub-Type Duplex
Property Description
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.
Location
State CO
County Larimer
Zoning Res
Rooms
Basement Daylight, Full
Interior
Heating Forced Air
Appliance Dryer, Oven, Refrigerator, Washer
Exterior
Utilities Available Electricity Available, Natural Gas Available
Waterfront Description Public
Roof Type Composition
Private Pool No
Building
Story One
Sewer Public Sewer
Water Public
Schools
School District Elementary: Thompson R2-J, High: Thompson R2-J
Others
Tax ID R1681668
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byGroup Mulberry