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    1331 E 7th St

    Loveland, CO 80537
    • $600,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 932677
    UPDATED: 50 min ago
    $600,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,850
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fathom Realty. Data last updated: 2021-02-28T15:39:05.71.
    www.nocorealestate.net/homes/113904602
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    1331 E 7th St Loveland, CO 80537

    • Price: $600,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 932677
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    3,850
    SQFT
    $156
    $/SQFT
    1910
    Built
    Neighborhood:
    Boyd Add
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Elementary School:
    Winona
    Middle School:
    Ball (Conrad)
    High School:
    Mountain View
    School District:
    Thompson R2-J
    Property Description
    Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.
    Exterior Features

    Construction Wood/Frame Fences Partially FencedEnclosed Fenced AreaWood Fence Location Description Deciduous TreesLevel LotHouse Faces SouthWithin City Limits Lot Improvements Street PavedCurbsGuttersSidewalksAlley Outdoor Features Storage BuildingsPatioDeckEnclosed Porch Parking Per Unit 2 Spaces/Unit Property Styles Tri Front/Back Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation 90%+ Finished BasementCrawl SpaceWalk-Out BasementDaylight Basement Cooling Central Air ConditioningCeiling Fan Design Features Eat-In KitchenCathedral/Vaulted CeilingsOpen Floor PlanWalk-In ClosetWasher/Dryer HookupsWood FloorsOutside Entry Disabled Accessibility Features Level LotLevel DriveLow CarpetMain Floor BathMain Level Bedroom Heating Forced AirCommon Heat SourceIndividual Heat Source Inclusions No Units FurnishedElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes DryerMicrowaveJetted Bath TubLaundry TubAll AppliancesSmoke Alarm(S) Unit1 Bedrooms 2 Unit2 Bedrooms 3 Unit3 Bedrooms 2

    Property Features

    Capitalization Rate 5.06 Energy Star Certified No Gross Operating Income 45600.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Loveland Mineral Water Rights Water Rights ExcludedMineral Rights Excluded Nahb Certified No Net Operating Income 30333.4400 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Single FamilyMulti Family Tax Year 2020 Taxes 2614.56 Tenant Pays Deposit Total Operating Expense 15266.5600 Utilities Natural GasElectricCable Tv AvailableHigh Speed Avail Zoning Res/R3e

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Cindy March of Premier Lifestyle Realty.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Fathom Realty. Data last updated: 2021-02-28T15:39:05.71.
     
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    Fathom Realty
    1437 Denver Ave, #159
    Loveland CO, 80538