Company Logo

1170 E 5th St MultiFamily $500,000 — Listed by Wayne Lewis, LC Real Estate Group, LLC

Updated on Apr 15, 2024

Unique opportunity to own an infill duplex with FOUR (4) separately rented detached... $500,000

Address 1170 E 5th St
Loveland, CO 80537
Living Area1,780 square feet
Listing Agent
(970) 402-6432
1712 Topaz Drive
Loveland, CO 80537
(970) 402-6432
Located in LOVELAND, CO
Unique opportunity to own an infill duplex with FOUR (4) separately rented detached garage spaces minutes from Downtown Loveland. Freshly painted and updated exterior trim. Current tenants are with long term tenants and are on a month-to-month lease. Pro forma rents of $1,450/month/unit. Broker average rent of $1,444/month or $1.84/SF (786 Avg Unit SF). Survey rent per SF of $1.84/SF applied to subject's 890 SF unit size is a monthly rent of $1,640/month. Property is eligible for Section 8 Housing Choice Voucher program (Ask for rent schedule). Separately leased detached garage spaces ($100/mo.) w/ market rent of $125/mo. or greater. 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. Pro forma assumes owner bills back for water and tenants are responsible for landscaping maintenance.

    Virtual tours

  • Media modification timestamp: 2023-10-27T06:51:16+00:00
  • Taxes

  • $2,943
  • Rooms

  • Bedroom: 4
  • Full bath: 2
  • General

  • Property type: MultiFamily
  • Property sub type: Other
  • Living area: 1780
  • Lot size: 0.2
  • Year built: 1978
  • Listing date: 2023-10-23
  • Listing title: Residential Income, Ranch - Loveland, CO
  • Full bathrooms: 2
  • Architecture style: Ranch
  • Is new construction: no
  • Num floors: 1.0
  • Roof types: Unknown
  • Listing Details

  • Mls name: Information and Real Estate Services, LLC
  • MLS Identifier: IRESCO
  • MLS Number: 998591
  • Provider name: LC Real Estate Group, LLC
  • Provider Category: Broker
  • Property Type: MultiFamily
  • Property sub type: Other
  • Listing Category: Purchase
  • Office Key: IRESCO-8LMHS
  • Office ID: 8LMHS
Copyright © 2024 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


More Properties In LOVELAND, CO

Photo for 446 E 4th St MultiFamily $1,400,000
Loveland, CO

5 rental units on corner property in downtown Loveland. Located at the corner of 4th and Washington. There are 5 units total: 3 bedroom house with 2 car garage and 2 separate duplexes. The house...

Photo for 2950 Beech Dr Residential Single Family Detached $699,000
Loveland, CO

Exceptional Value in Loveland with No HOA Fees! Priced below $160 square foot, this home offers outstanding potential. Ideally configured for multi-generational living, the lower level can...

Photo for 0 Green Mountain Dr Lots And Land $95,000
Loveland, CO

Price slashed. Seller's loss is your gain. No timeframe to build on one of the last vacant lots in Pinewood Reservoir. Minimum 1000 sq ft for building. Just under 1 acre would accommodate a walkout...

Photo for 4032 Backbone Dr Lots And Land $498,500
Loveland, CO

Experience a Colorado Mountain Discriminating Lifestyle!!!! Enjoy easy access to horse trails, hiking trails, timeless Mountain Views from every angle----the luxury of minutes to the city while...

Photo for 3472 Grayling Dr Other Single Family Attached $431,595
Listed by:

Tamara Sherrill,

RE/MAX Alliance
Loveland, CO

Quick move-in! Welcome to Discovery at The Lakes at Centerra by Landmark Homes. Featuring ranch style & 2-story condominiums, both w/ 2-3 bedroom floor plans, 1-2 car attached garages, fenced...

Photo for 1310 E Eisenhower Blvd Commercial $2,000,000
Listed by:

Stephanie Lane,

RE/MAX Alliance
Loveland, CO

Own a piece of Loveland History! Awesome prime location on Eisenhower with over 40k + traffic count and high visibility on Brown's Corner! Located at the southeast corner of Highway 34 & Madison....

Photo for 4753 Rodin Dr Residential Single Family Detached $499,400
Listed by:

Dennis Schick,

RE/MAX Alliance
Loveland, CO

The Powderhorn ranch by Aspen Homes. 3 bed, 2 bath. Great open floor plan designed with entertaining in mind. Beautiful open kitchen has island, quartz counters & large walk-in corner pantry. Chic...

Photo for 3609 Butternut Dr MultiFamily $925,000
Loveland, CO

Great investment property in central Loveland, fully rented, 2 parking spots per unit (tandem) and nicely updated. All units painted in the last 2 yrs and new flooring too! All tenants are current...

Photo for 1050 Meadow Pl Residential Single Family Detached $650,000
Loveland, CO

Welcome to 1050 Meadow Lane in Loveland Colorado! The entryway is warm and inviting with a hall tree for coats and shoes one one side, a staircase with wooden banister leading to the upstairs...

Photo for 1405 N Madison Ave Commercial $14
Loveland, CO

Location, location, location! Premier location in the heart of Loveland on the Northwestern corner of Highway 34/Eisenhower Blvd. & Madison Avenue. This rare property features a retail/office with...


How will climate change affect your home?
1170 E 5th St
Loveland, CO 80537
Get your free full report.

goodideazs, LLC is not affiliated with the authors of this post nor is it responsible for its content, the accuracy and authenticity of which should be independently verified.