REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Holly Vermeern

hollyvrealestate@gmail.com +1(970) 308-7835

$ 1,250,000

Est. payment | -/mo

4,210 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

4,210 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,210 sqft

Subdivision Lov

MLS Listing ID IRE1060558

Style Contemporary

HOA Y/N No

Year Built 1905

Annual Tax Amount $4,116

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Multi Family

Source ires

Property Description

Exceptional investment opportunity in the heart of Downtown Loveland! This unique property consists of five income-producing rental units on one lot, including a charming updated house and two duplex buildings, one detached garage with 2 separate spaces, yard space with grass. Recent street improvements along E. 4th Street have been completed, enhancing accessibility and curb appeal. The front house, originally built in 1905, has been updated with improvements including kitchen upgrades, appliances, & electrical systems. The house and the duplex fronting 4th Street have previously been utilized as office spaces, offering flexibility for a variety of future uses. Duplex units feature a living area, Kitchen, bed room, full bath, mudroom entries, and dedicated space for tenant washers & dryers. The Washington Street duplex offers wood flooring in one unit and carpet in the other. Water is billed back to tenants. Strategically located within Downtown (DT) Zoning and multiple development incentive districts, including the Enterprise Zone, Downtown Urban Renewal Area (URA), General Improvement District #1, Historic Downtown Loveland (CEF Exempt Area), Historic Loveland BID, and Loveland DDA. Just blocks from the Civic Center, Library, restaurants, shopping, and vibrant downtown events. Positioned in the Downtown Development Authority (DDA) area, buyers may benefit from available redevelopment and improvement programs, including Tax Increment Financing (TIF), Fa ade Improvement Grants, Small Grant Programs, Fire Suppression Assistance, Restaurant Conversion Programs, and Efficiency Works rebates.An outstanding opportunity for investors seeking cash flow today with long-term value-add and redevelopment potential in one of Northern Colorado's most desirable downtown districts.

Location

State CO

County Larimer

Community Lov

Area Loveland/Berthoud

Zoning DT

Direction Southwest corner of East 4th and Washington

Rooms

Basement Unfinished

Interior

Interior Features Washer/Dryer Hookup

Heating Forced Air

Cooling Central Air

Appliance No Units Furnished

Exterior

Exterior Feature Sprinkler System

Fence Partial

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Porch Patio

Garage No

Building

Lot Description Corner Lot, House Faces North, House Faces East, Paved, Curbs, Sidewalks, Alley, Fire Hydrant within 500 Feet

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories One

Structure Type Block,Stucco

New Construction false

Schools

Elementary Schools Truscott

Middle Schools Bill Reed

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Licensed Owner

Information and Real Estate Services (IRES)

Listed by Nanci Garnand

NEARBY SCHOOLS & PROPERTIES

Making real estate fun, simple and stress-free!

+1(970) 308-7835

hollyvrealestate@gmail.com

Fort Collins, CO

446 E 4th Loveland, CO 80537