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1120 E 15th St N , 1120-1122

Loveland, CO 80538
  • $430,000
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 1014726
UPDATED: 64 min ago
$430,000
  • 4
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,536
    SQFT
  • $280
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Information

Elementary School:
High School:
School District:

Description

Prime location duplex offering- Income property built in 1968 with R3e - Established High Density Residential Zoning. 1120-1122 E 15th Street is a stable investment opportunity with one legacy tenant. New Roof in 2023. Side by side duplex with each side offering 2 beds and 1 bath with fenced backyard and in unit laundry. 1120 side has recently been remodeled with LVT flooring, butcher block countertops, new light fixtures, fresh paint, and new hardware. 1122 side is occupied. Unit is leased through 8/31/2024 at a rental rate of $1350 with tenant intent to renew lease for 24-25 year at a rental rate of $1375/month. Prospective rent for remodeled unit 1120 is $1550/month. There are 2 parking spaces, 1 for each unit with on street parking available in the front of the units.

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© 2024 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 Sears Real Estate. Data last updated: 2024-10-15T08:40:44.467.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/152797868
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1120 E 15th St N , 1120-1122 Loveland, CO 80538

  • Price: $430,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 64 min ago
  • MLS #: 1014726
4
Beds
2
Baths
0
½ Baths
0.16
Acres
1,536
SQFT
$280
$/SQFT
1968
Built
Neighborhood:
21883 - SILVER LAKE ADD
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
Prime location duplex offering- Income property built in 1968 with R3e - Established High Density Residential Zoning. 1120-1122 E 15th Street is a stable investment opportunity with one legacy tenant. New Roof in 2023. Side by side duplex with each side offering 2 beds and 1 bath with fenced backyard and in unit laundry. 1120 side has recently been remodeled with LVT flooring, butcher block countertops, new light fixtures, fresh paint, and new hardware. 1122 side is occupied. Unit is leased through 8/31/2024 at a rental rate of $1350 with tenant intent to renew lease for 24-25 year at a rental rate of $1375/month. Prospective rent for remodeled unit 1120 is $1550/month. There are 2 parking spaces, 1 for each unit with on street parking available in the front of the units.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Direction Faces North Fencing Partial Horse YN No Levels One Lot Features SidewalksMineral Rights Excluded Other Parking Parking Per Unit(1 Space/Unit) Patio And Porch Features Patio Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Structure Type Duplex Waterfront YN No

Interior Features

Accessibility Features Main Floor BathMain Level Bedroom Appliances Electric Range/OvenRefrigerator Basement None Fireplace Features None Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Open Floorplan Laundry Features Washer/Dryer Hookups Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 768 Unit1 Total Baths 1 Unit2 Bedrooms 2 Unit2 Est Sq Ft 768 Unit2 Total Baths 1 Window Features Window Coverings

Property Features

Association YN No Cap Rate 7.62 Ditches Active YN No Electric ElectricXcel Exclusions Tenants personal property. Gas Natural GasXcel Gross Income 34800 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventionalFHAVA Loan Locale Loveland Net Operating Income 32808.87 New Construction YN No Operating Expense 1991.13 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Partnership Tax Annual Amount 1991.13 Tax Year 2023 Tenant Pays DepositGasElectricity Unit1 Rent 1350 Unit2 Rent 1550 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Loveland Zoning R3e

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Dakota Sedillo of Oneway.realty: 9705155004.



© 2024 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 Sears Real Estate. Data last updated: 2024-10-15T08:40:44.467.

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