1501 E 16th St

    Loveland, CO 80538
    • $883,000
    • STATUS: Closed
    • ON SITE: 141 days
    • MLS #: 876002
    Sold - 08/16/2019
    $883,000
    SOLD - 08/16/2019
    • 0
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,500
      SQFT
    • $196
      $/SQFT
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Rare 6-plex Opportunity! Conveniently located near Hwy 34 & McKee Medical center, offers easy access to I-25 & shopping. This property boasts strong rental history & low vacancy, making it the perfect investment opportunity. Rental income & expense info are actual figures. Potential rents are higher. New "Smart-Tech" 95% efficient boiler installed Oct '18, parking paved '15, ext paint '14, roof '11, sewer line '02. Units & bldg have been well maintained. Minimum 24 hour notice for showings.

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    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-08-17T10:38:56.76.
    frontrange.8z.com/homes/93145295

    1501 E 16th St Loveland, CO 80538

    • Price: $920,000
    • Status: Closed
    • Updated: 44 min ago
    • MLS #: 876002
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    4,500
    SQFT
    $196
    $/SQFT
    1970
    Built
    Neighborhood:
    Mc Kee Meadows First, Lov
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Elementary School:
    Monroe
    Middle School:
    Ball (Conrad)
    High School:
    Mountain View
    School District:
    Thompson R2-J
    Property Description
    Rare 6-plex Opportunity! Conveniently located near Hwy 34 & McKee Medical center, offers easy access to I-25 & shopping. This property boasts strong rental history & low vacancy, making it the perfect investment opportunity. Rental income & expense info are actual figures. Potential rents are higher. New "Smart-Tech" 95% efficient boiler installed Oct '18, parking paved '15, ext paint '14, roof '11, sewer line '02. Units & bldg have been well maintained. Minimum 24 hour notice for showings.
    Exterior Features

    Construction Wood/FrameBrick/Brick Veneer Outdoor Features Lawn Sprinkler System Parking Per Unit 1 Space/Unit Property Styles 1 Story/RanchBi-Level Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Room Air Conditioner Design Features Outside Entry Heating Hot WaterBaseboard Heat Inclusions Window CoveringsElectric Range/OvenDishwasherRefrigeratorClothes WasherClothes DryerAll Appliances Unit1 Bedrooms 2 Unit2 Bedrooms 2 Unit3 Bedrooms 1

    Property Features

    Capitalization Rate 6.66 Common Amenities Common Laundry Energy Features Southern ExposureHigh Efficiency Furnace Energy Star Certified No Gross Operating Income 73860.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Loveland Nahb Certified No Net Operating Income 61242.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Multi Family Tax Year 1970 Taxes 2607 Tenant Pays DepositElectricTrash Total Operating Expense 12618.0000 Utilities Natural GasElectric Zoning R3e

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Rhonda Heth of Re/Max Alliance-Ftc South.



    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-08-17T10:38:56.76.
     
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