Master on Main
Address
1331 E 7th St Loveland, CO
Price
$ 600,000
Property Attributes
  • MLS#932677
  • TypeBackup
  • CountyLARIMER
  • CityLoveland
  • AreaBoyd Add
  • NeighborhoodBoyd Add
  • Zip80537
  • StyleTri Front/Back
  • Price$ 600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3850
  • Lot Size0.3 Acres
Listing Provided Courtesy Of:
Premier Lifestyle Realty
Data Source:
IRES
Property Description

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.

Elementary School Middle School High School
Winona Elementary School Ball (Conrad) Middle School Mountain View High School
Price History
2/3/2021 Listed $600,000

General Features

Capitalization Rate 5.06
County Larimer
Design Features Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floor Plan, Walk-in Closet, Washer/Dryer Hookups, Wood Floors, Outside Entry
Disabled Access Level Lot, Level Drive, Low Carpet, Main Floor Bath, Main Level Bedroom
Heating Forced Air, Common Heat Source, Individual Heat Source
Locale Loveland
Mineral Water Rights Water Rights Excluded, Mineral Rights Excluded
Net Operating Income 30333.4400
Ownership Private Owner
School District Thompson R2-J
Subdivision BOYD ADD
Total Number of Units 3
Total Operating Epense 15266.5600
Utilities Natural Gas, Electric, Cable TV Available, High Speed Avail
Zoning RES/R3e

Exterior Features

Inclusions No Units Furnished, Electric Range/Oven, Dishwasher, Refrigerator, Clothes Washer, Clothes Dryer, Microwave, Jetted Bath Tub, Laundry Tub, All Appliances, Smoke Alarm(s)
Outdoor Features Storage Buildings, Patio, Deck, Enclosed Porch
Road Access City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80537

Price
AVG $470K
$600K
Visits
AVG 30
17
Year Built
AVG 2001
1910
Walkscore
AVG 25
46
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.