FOR SALE
$500,000
1170-1172 E 5th Street Unit 1170-1172
Loveland, CO 80537
4
Beds
2
Baths
1,780
Sq. Ft.
0.2
Acres Lot
Duplex
208 days on Nestfully
60 views
Unique opportunity to own an infill duplex with FOUR (4) separately rented detached garage spaces minutes from Downtown Loveland. Freshly painted and updated exterior trim. Current tenants are with long term tenants and are on a month-to-month lease. Pro forma rents of $1,450/month/unit. Broker average rent of $1,444/month or $1.84/SF (786 Avg Unit SF). Survey rent per SF of $1.84/SF applied to subject's 890 SF unit size is a monthly rent of $1,640/month. Property is eligible for Section 8 Housing Choice Voucher program (Ask for rent schedule). Separately leased detached garage spaces ($100/mo.) w/ market rent of $125/mo. or greater. Tenants pay separately metered gas and electricity. Sewer, storm, and trash charges are paid by owner and are reimbursable per lease. Owner pays for water and landscaping maintenance. Pro forma assumes owner bills back for water and tenants are responsible for landscaping maintenance.
1704093
Duplex
4
Other
2
1978
Larimer
0.2
Acres
Public Water
Frame, Other
Public Sewer
Loading...
Loading...