1502 E 5th Street
Loveland, CO 80537
- 8 beds
- 4 baths
- 3,456 sqft
- $257 per sqft
- 1996 build
- – on site
Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass on! As you know, a newer built 4 plex that has been WONDERFULLY maintained is very hard to find in Loveland. Excellent CAP rate for a property of this condition and low maintenance costs. All 4 units feature 2bed/1ba and include 2 off-street parking spaces. NEW roof 2020, all exterior windows (front and back) have been replaced, between 2017-2018 replaced bath/shower units and sliding bath doors, carpet in bedrooms, synthetic hardwood floors, kitchen appliances (dishwasher, sink, garbage disposals, range, and refrigerator. Brand new water heaters in two units, the other two replaced in 2017/2018. Asphalt drive/parking done in 2023. All electric units (no gas), separately metered - tenants pay. Garbage/Water/Sewer - owner currently pays. Cable TV/internet - tenants pay. Each unit has an 4' x 10' enclosed, locked storage area off each units back deck/patio. Currently there is no PM fee, owner self manages and pride of ownership is evident. All units have washer and dryer hookups, but 1504 and 1508 have washer and dryer units owned by seller so will convey.
Last checked:
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Checking…
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Last updated Apr 24, 2025
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MLS# 8033205 —
This property is listed in more than one place. See it here, and here, and here.
The Building
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Year Built:1996
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Construction Materials:Frame
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Building Area Total:3456
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Structure Type:Quadruplex
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Roof:Composition
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Levels:Two
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Basement:false
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Common Walls:2+ Common Walls
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Patio And Porch Features:Deck, Patio
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Above Grade Finished Area:3456
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Property Attached:true
Interior
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Interior Features:Ceiling Fan(s), Tile Counters
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Flooring:Carpet, Laminate, Tile
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Laundry Features:In Unit
Room Dimensions
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Living Area:3456
Financial & Terms
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Ownership:Individual
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Possession:Closing/DOD, Rental Agreement, See Remarks
Location
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Latitude:40.39629616
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Longitude:-105.05534592
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:R0343315
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Exclusions:Tenant's personal property. Washer and Dryer units in 1502 and 1506
Listing Agent
- Contact info:
- Agent phone:
- (970) 672-7212
- Office phone:
- (970) 225-5152
Taxes
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Tax Year:2024
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Tax Annual Amount:$3,877
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
Heating & Cooling
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Heating:Baseboard
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Cooling:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
Schools
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Elementary School:Winona
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Elementary School District:Thompson R2-J
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Middle Or Junior School:Bill Reed
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Middle Or Junior School District:Thompson R2-J
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High School:Mountain View
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High School District:Thompson R2-J
The Community
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Subdivision Name:Water Addition
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Association:false
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Senior Community:false
Parking
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Parking Total:8
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Attached Garage:false
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Reserved Spaces:8
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
