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1510 E 16th St , #4

Loveland, CO 80538
  • $900,000
  • STATUS: Closed
  • ON SITE: 51 Days
  • MLS #: 969473
Sold - 07/20/2022
$900,000
SOLD - 07/20/2022
  • 8
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,672
    SQFT
  • $245
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1977
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Easy care brick four-plex that has never had a vacancy since this owner purchased. Each unit is two bedroom/one bath, one detached garage per unit plus 2 off-street parking spaces per unit, coin operated common laundry with additional storage, locked dumpster area for trash, owner pays water and sewer, common electric & gas, trash, lawn service and snow removal plus general repairs and maintenance. Tenant pays personal electric and internet/tv. Great location close to hospital, shopping and a park. Easy commute to all cities along the front range. See documents for description of status of remodel of the different units. All are on month-to-month leases at this time. Tenants have typically stayed for a number of years. Allow plenty of notice for showings - by appointment only and with approval of tenant(s). One or two units may be available to be viewed - the others once the property is under contract.

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© 2022 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 Bliss Realty Group. Data last updated: 2022-08-16T07:40:38.573.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.blissrealtygroup.com/homes/130282480
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1510 E 16th St , #4 Loveland, CO 80538

  • Price: $850,000
  • Status: Closed
  • On Site: 51 Days
  • Updated: 68 min ago
  • MLS #: 969473
8
Beds
0
Baths
0
½ Baths
0.23
Acres
3,672
SQFT
$245
$/SQFT
1977
Built
Neighborhood:
Mckee Meadows
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Monroe
Middle School:
Ball (Conrad)
High School:
Mountain View
School District:
Thompson R2-J
Property Description
Easy care brick four-plex that has never had a vacancy since this owner purchased. Each unit is two bedroom/one bath, one detached garage per unit plus 2 off-street parking spaces per unit, coin operated common laundry with additional storage, locked dumpster area for trash, owner pays water and sewer, common electric & gas, trash, lawn service and snow removal plus general repairs and maintenance. Tenant pays personal electric and internet/tv. Great location close to hospital, shopping and a park. Easy commute to all cities along the front range. See documents for description of status of remodel of the different units. All are on month-to-month leases at this time. Tenants have typically stayed for a number of years. Allow plenty of notice for showings - by appointment only and with approval of tenant(s). One or two units may be available to be viewed - the others once the property is under contract.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Direction Faces North Entry Location Outside Entry Exterior Features Balcony Horse YN No Levels Bi-Level Lot Features SidewalksLawn Sprinkler SystemCorner LotLevel Other Parking Parking Per Unit(2 Spaces/Unit) Patio And Porch Features Patio Road Frontage Type City Street Roof Composition Spa YN No Structure Type Legal Conforming Waterfront YN No

Interior Features

Accessibility Features Near Bus Appliances 2 Or More H20 HeatersElectric Range/OvenDishwasherRefrigeratorWasherDryer Basement None Cooling Room Air ConditionerCeiling Fan(S) Cooling YN Yes Heating Hot WaterBaseboardCommon Heat Source Heating YN Yes Interior Features High Speed InternetEat-in KitchenOutside Entry Laundry Features Common Area Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 900 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 900 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 900 Unit3 Total Baths 1 Unit4 Bedrooms 2 Unit4 Est Sq Ft 900 Unit4 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 5.72 Community Features Extra Storage Ditches Active YN No Electric ElectricMaster Meter-ElectricSeparate Meter ElectricityCity Of Lvlnd Gas Natural GasMaster Meter-GasXcel Gross Income 52800 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional1031 Exchange Locale Loveland Net Operating Income 48595 New Construction YN No Operating Expense 4205 Possible Use Multi-Family Property Condition Not NewPreviously Owned Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 4205 Tax Year 2021 Tenant Pays DepositElectricity Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity Of Loveland Zoning R3e

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Kathy Beck of Group Harmony: 970-229-0700.



© 2022 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 Bliss Realty Group. Data last updated: 2022-08-16T07:40:38.573.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Fort Collins CO, 80525