1331 East 7th Street Loveland, CO 80537

$600,000
7
Beds
4
Baths
0.30
Acres
3,850
SQFT
156
$/SQFT
$600,000
7
Beds
4
Baths
3,850   sf
$156 / sf
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Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.

Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Larimer
  • Area
    Loveland/Berthoud
  • Tax Amount
    $2,615
  • Status
    Active
  • Listing #
    932677
  • Built
    1910
  • Lot Size
    0.30
  • Listed on site
    75 days

Listed by:

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School Info

Property details

Community Features

  • No HOA

View

  • City view

Exterior features

  • Deck
  • Fence
  • Patio
  • Storage Buildings
  • Parking

Interior Features

  • Central Air Conditioning
  • Wood Floors
  • Walk-In Closet

Financing

  • Cash
  • Conventional Financing
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