1449 E 1st Street

Loveland, CO 80537
Beds
8
Square Ft.
3,840
$640,000
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)Read MoreRead Less
Market LogoCourtesy of Guide Real Estate [email protected]
Listing Snapshot
Days Online
24
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
3,840
Lot Size
0.17 Acres
Year Built
1971
MLS Number
6352166
30 Days Snapshot Of 80537
$653k
+9%
(avg) sold price
55
+111%
homes sold
130
+14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Appliances & Equipment
"Dishwasher", "Disposal", "Microwave", "Refrigerator"
Basement
"Crawl Space"
Building
Above Grade Finished Area: 3840, Construction Materials: "Block", "Frame", Entry Location: Corridor Access, Levels: "Two", Living Area: 3840, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 3840, Unit Count: 1, Unit Types: "Array", Built in 1971
Cooling
Cooling: "None"
Disclosures
Exclusions: Tenant's personal property.
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Real Estate Tax", "Utilities", Operating Expense: $20,534
Exterior Features
Features: "Balcony"
Floors
Flooring: "Laminate"
Heating
Heating: "Baseboard", "Hot Water"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 34320.00, Gross Income: $56,158
Interior Features
Features: "Laminate Counters"
Laundry
Features: "Common Area"
Lot
Acres: 0.17, Area: 7196, Features: "Level", Parcel Number: R0392553, Square Feet: 7196
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Gas", "Insurance", "Taxes", "Trash Collection", "Water", Ownership: Individual
Parking
Parking Total: 8, Carport Spaces: 0, Offstreet Spaces: 8, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Incorporated, Livable Structure Count: 0, Out Building Count: 1, Property Sub Type: Quadruplex, Zoning: R3E, 1 out building
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3143, Legal Description: W 20.83 FT OF E 22.83 FT OF N 30.75 FT & E 2.0 FT OF LOT 46, ALL LOTS 47, 48, BLK 4, IOWA ADD, LOV, Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity", "Internet", "Telephone"
Utilities
Power Production Count: 0, Utility Billing To Tenants: Included in Rent, Utility Metering: Common Gas, Common Water, Separate Electric, Shared Boiler, Water Source: "Public"
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Big Frontier Group
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.