$895,000
For Sale

1302 E 16th Street #1-4

Loveland, CO 80538
4687 sqft | 0.27 acres | #IR1020414
Listing OfficeHigh Point Homes
Browse 31 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

INVESTORS!!! Great 4-plex centrally located in Loveland, well maintained and cared for. All units are 2 bed 1 full bath. There are 2 identical units which are 2 stories. The other two floorplans are one story ranches. The property has an on site laundry room with coin operated machines. This property has wonderful mature trees, grassy areas for tenants, partially fenced yards and a sprinkler system. The garages are each 2 car garages with a side entrance. These are attached to the building but are not specifically attached to a unit, which makes them available to any renter. All units have in wall A/C units, ceiling fans, Refrigerators, Dishwashers and Electric Oven/Cooktop and Microwaves (Unit 1 & 3 do not have a microwaves) All units are currently rented with leases expiring May-July 2025. Walking distance to Downtown Loveland with everything else near by and walkable including city transportation. Seller is a Licensed Broker. Buyer to verify all deemed information. Operating Expenses entered are YTD through 9/30/2024. Tenants pay Electric. Owner pays water and gas.

  • Interior Details
      • InteriorEat-in Kitchen, Walk-In Closet(s)
  • Property Details
      • Lot DescriptionCorner Lot, Level, Sprinklers In Front
      • Exterior MaterialsBalcony
    • Measurements
      • Acres0.27
      • Square Feet4687
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1969
  • Utilities / Energy Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • Sewer InformationPublic Sewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionMcKee Meadows
    • Location
      • School DistrictThompson R2-J
      • High SchoolMountain View
      • CountyLarimer
      • Elementary SchoolOther
      • Middle SchoolOther
  • Financial Details
      • Original List Price$895,000
      • Taxes Annual$3,738
  • Other
      • MLS #IR1020414

Location

Jack Torres | THE TORRES GROUPReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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