INVESTORS!!! Great 4-plex centrally located in Loveland, well maintained and cared for. All units are 2 bed 1 full bath. There are 2 identical units which are 2 stories. The other two floorplans are one story ranches. The property has an on site laundry room with coin operated machines. This property has wonderful mature trees, grassy areas for tenants, partially fenced yards and a sprinkler system. The garages are each 2 car garages with a side entrance. These are attached to the building but are not specifically attached to a unit, which makes them available to any renter. All units have in wall A/C units, ceiling fans, Refrigerators, Dishwashers and Electric Oven/Cooktop and Microwaves (Unit 1 & 3 do not have a microwaves) All units are currently rented with leases expiring May-July 2025. Walking distance to Downtown Loveland with everything else near by and walkable including city transportation. Seller is a Licensed Broker. Buyer to verify all deemed information. Operating Expenses entered are YTD through 9/30/2024. Tenants pay Electric. Owner pays water and gas.
Sold
$850,000
1302 E 16th St UNIT 1-4, Loveland, CO 80538
8beds
4baths
4,687sqft
Attached Dwelling, Multi Family
Built in 1969
-- sqft lot
$850,000 Zestimate®
$181/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2025 at 10:06am
Listed by:
Holly Mitchell 970-817-1492,
High Point Homes
Bought with:
Crisafulli Team
The Crisafulli Group
Source: IRES,MLS#: 1020414

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Radiant
Cooling
- Room Air Conditioner, Ceiling Fan(s)
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Laundry: Common Area
Features
- Eat-in Kitchen, Walk-In Closet(s), Walk-in Closet
- Basement: None
Interior area
- Total structure area: 4,687
- Total interior livable area: 4,687 sqft
Property
Parking
- Parking features: Alley Access
- Details: Parking Per Unit(2 Spaces/Unit)
Accessibility
- Accessibility features: Near Bus
Features
- Levels: Two
- Stories: 2
- Exterior features: Lighting, Balcony
- Fencing: Partial
Lot
- Size: 0.27 Acres
- Features: Curbs, Gutters, Sidewalks, Lawn Sprinkler System, Corner Lot, Level
Details
- Parcel number: R0337994
- Zoning: RES
- Special conditions: Private Owner,Licensed Owner
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary/Modern
- Property subtype: Attached Dwelling, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Electric, Separate Meter Electricity, City of Lovelan
- Gas: Natural Gas, Xcel
- Sewer: City Sewer
- Water: City Water, City of Loveland
- Utilities for property: Natural Gas Available, Electricity Available, Trash: City of Loveland
Community & neighborhood
Location
- Region: Loveland
- Subdivision: Mckee Meadows
HOA & financial
Other financial information
- Total actual rent: 5630
Other
Other facts
- Income includes: Lease/Rents, Common Area Fees, Laundry
- Listing terms: Cash,Conventional,FHA,VA Loan,1031 Exchange
- Road surface type: Paved, Concrete
Services availability
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Estimated market value
$850,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$850,000