NOT LISTED FOR SALE
6 Beds
4 Baths
6,298 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: January 13, 2023

Last sale price $875,000 $139 Per Sq Ft

175 Days on Market

Highlights

  • Corner Lot
  • Brick Veneer
  • Partially Fenced Property
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2023

Visit DownloadOffering.com/4thStreet for full investment package and access to due diligence materials. Duplex and eight unit mobile home investment with irreplaceable grandfathered zoning in a walkable Downtown Loveland location. Below market avg in-place rent at $880/unit with no rent increases in years creates rent upside. Low long term property taxes with taxes through DMV for mobile units.

Last Agent to Sell the Property

Wayne Lewis

LC Real Estate Group, LLC License #40043311 Listed on: 06/09/2022

Co-Listed By

Nathan Klein

LC Real Estate Group, LLC

Last Buyer's Agent

Wayne Lewis

LC Real Estate Group, LLC License #40043311 Listed on: 06/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,723

Year Built

  • Built in 1934

Lot Details

  • 17,400 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Property Attached
  • Brick Veneer
  • Composition Roof
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 6,298 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Truscott Elementary School
  • Bill Reed Middle School
  • Thompson Valley High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating unit installed on the ceiling

Listing and Financial Details

  • Tenant pays for deposit, gas, electricity
  • Assessor Parcel Number M0908746

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Riley Bell Subdivision

Building Details

  • Gross Income $124,884
  • Net Operating Income $84,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,723

Year Built

Built in 1934

Lot Details

0.4 Acres

Listing Details

  • Year Built: 1934
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Business Type: Incorporated Area, Other Commerical
  • Horses: No
  • Lot Size Acres: 0.4
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Co List Office Mls Id: 8LMHS
  • Subdivision Name: Riley Bell
  • Directions: From I-25, Exit 257 (E US-34) E. Eisenhower Blvd toward Loveland. After 3.4 mi, turn left onto Madison Ave. In .8 mi turn right onto E. 4th St. The property will be on your right at the intersection of St. Louis Ave. and 4th St. after .2 mi.
  • New Construction: No
  • Property Attached Yn: Yes
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6298
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Mobile Homes
  • Private Spa: No
  • Has Basement: Partial
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Metal
  • Fencing: Partial
  • Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Corner Lot, Level, Within City Limits
  • Waterfront: No
  • Construction Type: Brick/Brick Veneer, Block, Metal Siding
  • Exterior Features: Lighting
  • Property Condition: Not New, Previously Owned

Utilities

  • Cooling: None
  • Electric: Electric, City
  • Heating: Forced Air, Suspended Heaters
  • Utilities: Natural Gas Available, Electricity Available
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City of Loveland
  • Gas Company: Natural Gas, Xcel Energy

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Truscott
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Bill Reed

Lot Info

  • Zoning: Re3
  • Lot Size Sq Ft: 17400
  • Parcel #: M0908746
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit, Gas, Electricity

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2723

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 124884
  • Income Includes: ["Lease/Rents"]
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $875,000 -5.4% $139 / Sq Ft
11/12/2022 11/12/22 Price Changed $925,000 -27.2% $147 / Sq Ft
08/26/2022 08/26/22 Price Changed $1,270,000 -3.8% $202 / Sq Ft
08/01/2022 08/01/22 Price Changed $1,320,000 -5.7% $210 / Sq Ft
06/09/2022 06/09/22 For Sale $1,400,000 +60.0% $222 / Sq Ft
06/09/2022 06/09/22 Off Market $875,000 -- --
05/03/2020 05/03/20 Off Market $200,000 -- --
06/25/2014 06/25/14 Sold $200,000 -28.3% $45 / Sq Ft View Prior Sale
05/26/2014 05/26/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $279,000 -- $62 / Sq Ft
Source: IRES MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,236 $50,282 $5,663 $44,619
2024 $4,085 $56,763 $2,064 $54,699
2022 $2,590 $31,679 $2,141 $29,538
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE968046

IRES MLS

APN: 95134-17-041

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