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1302 E 16th St , 1-4

Loveland, CO 80538
  • $874,900
  • STATUS: Active
  • ON SITE: 106 Days
  • MLS #: 1020414
UPDATED: 29 min ago
$874,900
  • 20
    BEDS
  • 0.27
    ACRES
  • 10
    BATHS
  • 0
    1/2 BATHS
  • 4,687
    SQFT
  • $187
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Information

Elementary School:
High School:
School District:

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.

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© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2025-01-25T07:41:43.247.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1302 E 16th St , 1-4 Loveland, CO 80538

  • Price: $874,900
  • Status: Active
  • On Site: 106 Days
  • Updated: 29 min ago
  • MLS #: 1020414
20
Beds
10
Baths
0
½ Baths
0.27
Acres
4,687
SQFT
$187
$/SQFT
1969
Built
Neighborhood:
Mckee Meadows
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Peakview Academy At Conrad Ball
Middle School:
Peakview Academy At Conrad Ball
High School:
Mountain View
School District:
Thompson R2-J
Property 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.
Exterior Features

Architectural Style Contemporary/Modern Construction Materials Brick/Brick Veneer Exterior Features LightingBalcony Fencing Partial Horse YN No Levels Two Lot Features CurbsGuttersSidewalksLawn Sprinkler SystemCorner LotLevel Other Parking Parking Per Unit(2 Spaces/Unit) Parking Features Alley Access Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedConcrete Roof Composition Spa YN No Waterfront YN No

Interior Features

Accessibility Features Near Bus Appliances Electric Range/OvenDishwasherRefrigeratorWasherDryerMicrowaveDisposal Basement None Cooling Room Air ConditionerCeiling Fan(s) Cooling YN Yes Heating Radiant Heating YN Yes Interior Features Eat-in KitchenWalk-In Closet(s) Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 821 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 888 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 888 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 826 Unit4 Total Baths 1

Property Features

Association YN No Cap Rate 6.44 Ditches Active YN No Electric ElectricSeparate Meter ElectricityCity of Lovelan Exclusions Tenants personal property Gas Natural GasXcel Gross Income 67180 Has Improvements No Has Water Rights No Income Includes Lease/RentsCommon Area FeesLaundry Listing Sub Status None Listing Terms CashConventionalFHAVA Loan1031 Exchange Locale Loveland Net Operating Income 56386 New Construction YN No Number Of2 Bedroom Units 10 Operating Expense 10794 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private OwnerLicensed Owner Tax Annual Amount 3738 Tax Year 2023 Tenant Pays DepositElectricity Unit1 Rent 1350 Unit2 Rent 1575 Unit3 Rent 1440 Unit4 Rent 1265 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Loveland Zoning RES

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Holly Mitchell of High Point Homes: 9708171492.



© 2025 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2025-01-25T07:41:43.247.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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