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1244 N Lincoln Ave

Loveland, CO 80537
  • $480,000
  • STATUS: Closed
  • ON SITE: 69 Days
  • MLS #: 1030283
Sold - 05/16/2025
$480,000
SOLD - 05/16/2025
  • 2
    BEDS
  • 0.2
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,032
    SQFT
  • $236
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1904
County:

School Information

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

Description

Unique Loveland property in a prime location! Just a few blocks from downtown! Mixed use tri-plex has 2 office suites facing Lincoln & residential unit in the back! Off street & on street parking, 3 phase power, 1" gas line, new roof in 23. Owner financing possible. Tucked away in the back, the property takes advantage of the large corner lot w/ a 2 bedroom 1 bath & several flex spaces that could be used as office space or additional bedroom space. Large fenced back yard would be a great space to recreate/entertain/play, park your toys like trailers, garden or build your products. Perfect property to live and work or as a great multi-unit income property or redevelopment project. This is the type of property where dreams come to grow with great potential cash flow. Front offices easily turned into one office with existing header in dividing wall. Please note this property will take some vision. With all units rented the units wont look staged. Vehicals in back yard to be removed by May 3rd.

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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 Sears Real Estate. Data last updated: 2025-06-13T17:43:24.6.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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1244 N Lincoln Ave Loveland, CO 80537

  • Price: $500,000
  • Status: Closed
  • On Site: 69 Days
  • Updated: 50 min ago
  • MLS #: 1030283
2
Beds
3
Baths
0
½ Baths
0.2
Acres
2,032
SQFT
$236
$/SQFT
1904
Built
Neighborhood:
Warnock
County:
Larimer
Area:
08 Loveland/Berthoud area
Elementary School:
Truscott
Middle School:
Bill Reed
High School:
Thompson Valley
School District:
Thompson R2-J
Property Description
Unique Loveland property in a prime location! Just a few blocks from downtown! Mixed use tri-plex has 2 office suites facing Lincoln & residential unit in the back! Off street & on street parking, 3 phase power, 1" gas line, new roof in 23. Owner financing possible. Tucked away in the back, the property takes advantage of the large corner lot w/ a 2 bedroom 1 bath & several flex spaces that could be used as office space or additional bedroom space. Large fenced back yard would be a great space to recreate/entertain/play, park your toys like trailers, garden or build your products. Perfect property to live and work or as a great multi-unit income property or redevelopment project. This is the type of property where dreams come to grow with great potential cash flow. Front offices easily turned into one office with existing header in dividing wall. Please note this property will take some vision. With all units rented the units wont look staged. Vehicals in back yard to be removed by May 3rd.
Exterior Features

Architectural Style Ranch Construction Materials Wood/Frame Horse YN No Levels One Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances Electric Range/OvenDishwasherRefrigerator Basement None Heating Forced Air Heating YN Yes Interior Features High Speed Internet Living Area Source Assessor Unit1 Bedrooms 0 Unit1 Est Sq Ft 500 Unit1 Total Baths 1 Unit2 Bedrooms 0 Unit2 Est Sq Ft 500 Unit2 Total Baths 1 Unit3 Bedrooms 2 Unit3 Est Sq Ft 1032 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 4.18 Ditches Active YN No Electric ElectricCity Loveland Exclusions tenants personal property Gas Natural GasXcel Gross Income 34800 Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalOwner May Carry Locale Loveland Net Operating Income 20900 New Construction YN No Operating Expense 13900 Possible Use Single FamilyMulti-FamilyCommercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Income Property Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 5200 Tax Year 2024 Tenant Pays Deposit Unit1 Rent 900 Unit2 Rent 900 Unit3 Rent 1100 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity of Loveland Zoning B

Listing information © 2025 Information and Real Estate Services
Listing provided courtesy of Rick Scott of Coldwell Banker Realty-NOCO: 9706672707.



© 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 Sears Real Estate. Data last updated: 2025-06-13T17:43:24.6.

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