1449 E 1st St, Loveland, CO 80537
- $515,000
- 8
- BD
- 4
- BA
- 3,840
- SqFt
Courtesy of Guide Real Estate . 720-445-5847
Selling Office: Keller Williams DTC.- Sold Price
- $515,000
- List Price
- $640,000
- Closing Date
- May 15, 2026
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 6352166
- Finished Sqft
- 3,840
- Subdivision
- Loveland
- Year Built
- 1971
Property Description
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) so tenants can pay their own heating costs (subject to feasibility, permits, and electrical capacity). Next, unlock additional revenue by adding garage doors to the existing shed/garage structure and charging for garage/storage use. Finally, increase returns by bringing rents to market. All tenants are month-to-month. Tenants pay electric; owner currently pays gas, water, and trash (verify). Buyer to verify unit mix, rent roll, expenses, square footage, and all information deemed material.
Additional Information
- School District
- Thompson R2-J
- Elementary School
- Winona
- Middle School
- Bill Reed
- High School
- Mountain View
- Basement
- Crawl Space
- Lot Size
- 7,196
- Acres
- 0.17
- Taxes
- $3,143
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