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Belen Alcaraz

belenalcarazrealty@gmail.com +1(720) 253-5309

$ 1,250,000

Est. payment | -/mo

7 Beds

6 Baths

4,210 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

7 Beds

6 Baths

4,210 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,210 sqft

Price per Sqft $296

Subdivision Lov

MLS Listing ID 9241489

Style Contemporary

Bedrooms 7

HOA Y/N No

Year Built 1905

Lot Size 10,500 Sqft

Acres 0.24

Property Sub-Type Duplex

Property Description

Exceptional investment opportunity in the heart of Downtown Loveland! This unique property consists of five income-producing rental units on one lot, including a charming updated house and two duplex buildings, one detached garage with 2 separate spaces, yard space with grass. Recent street improvements along E. 4th Street have been completed, enhancing accessibility and curb appeal. The front house, originally built in 1905, has been updated with improvements including kitchen upgrades, appliances, & electrical systems. The house and the duplex fronting 4th Street have previously been utilized as office spaces, offering flexibility for a variety of future uses. Duplex units feature a living area, Kitchen, bed room, full bath, mudroom entries, and dedicated space for tenant washers & dryers. The Washington Street duplex offers wood flooring in one unit and carpet in the other. Water is billed back to tenants. Strategically located within Downtown (DT) Zoning and multiple development incentive districts, including the Enterprise Zone, Downtown Urban Renewal Area (URA), General Improvement District #1, Historic Downtown Loveland (CEF Exempt Area), Historic Loveland BID, and Loveland DDA. Just blocks from the Civic Center, Library, restaurants, shopping, and vibrant downtown events. Positioned in the Downtown Development Authority (DDA) area, buyers may benefit from available redevelopment and improvement programs, including Tax Increment Financing (TIF), Façade Improvement Grants, Small Grant Programs, Fire Suppression Assistance, Restaurant Conversion Programs, and Efficiency Works rebates. An outstanding opportunity for investors seeking cash flow today with long-term value-add and redevelopment potential in one of Northern Colorado's most desirable downtown districts.

Location

State CO

County Larimer

Zoning DT

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Vinyl, Wood

Exterior

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public

Roof Type Composition

Porch Patio

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Schools

School District Elementary: Thompson R2-J, Middle/Junior: Thompson R2-J, High: Thompson R2-J

Others

Senior Community No

Tax ID R0446238

Special Listing Condition None Known

Listed byReal Broker, LLC DBA Real

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(720) 253-5309

belenalcarazrealty@gmail.com

5445 DTC Pkwy #450, Greenwood Village, CO 80111, USA

446 E 4th ST Loveland, CO 80537