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1170-1172 E 5TH ST # 1170-1172, Loveland, CO 80537 Multi Family For Sale MLS# 1704093 for Rent

Detailed Information

  • Type: Private

  • Price: $534,000

  • Location: Loveland, Colorado, CO

  • Address: 1170-1172 E 5TH ST # 1170-1172, CO

  • Zip: 80537

  • Bedrooms: 4

  • Bathrooms: 2

  • Size: 1776 square feet

  • Property size: 8708 square feet

  • Condition: Used

Excellent opportunity to own an infill duplex with four detached garage spaces minutes from Downtown Loveland.

Freshly painted and updated exterior trim. Current tenants are long term and on a month-to-month lease. Market rate unit includes pet rent of $50/month not currently being charged and one Section 8 rental at $1,250 per month. Upside

with separately leased detached garage spaces with owner occupied unit at $150/month and three remaining units at $100/month with opportunity to increase rents to $150/month. 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, which both could be taken over as a tenant responsibility on a new lease.

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