1150-1152 E 5th ST, Loveland, CO 80537
1150-1152 E 5th ST, Loveland, CO 80537
1150-1152 E 5th ST, Loveland, CO 80537
1150-1152 E 5th ST, Loveland, CO 80537
1150-1152 E 5th ST, Loveland, CO 80537
1150-1152 E 5th ST, Loveland, CO 80537
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Adam Gillespie

Adam Gillespie

+1(720) 789-4658
$ 499,000
Est. payment | /mo

9,037 Sqft Lot

Save
$ 499,000
Est. payment | /mo
Save

9,037 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Wilson

MLS Listing ID IR1058773

HOA Y/N No

Year Built 1948

Lot Size 9,037 Sqft

Acres 0.21

Property Sub-Type Duplex

Property Description

Well-maintained over/under duplex in a prime location near downtown Loveland, offering easy access to local restaurants, breweries, shopping, and year-round community events. Situated on 5th Street, enjoy quick connectivity across town while being just minutes from the charm and energy of the historic downtown district. This property is just blocks away from the Civic Center trail and Sunnyside Park, perfect for outdoor enthusiasts and guests looking to enjoy the local scenery. Zoning allows for short-term rentals (STR), making this an incredible opportunity to capitalize on Loveland's travel market or create a high-yield vacation rental portfolio. The property currently generates $3,300/month in total rent: the upper unit features 2 bedrooms and 1 bath (rented at $1,700/mo), while the lower unit offers 3 bedrooms and 1 bath (rented at $1,600/mo)-providing immediate cash flow and flexible long-term or short-term rental opportunities. Recent updates include newer interior and exterior paint, with all kitchen appliances and water heaters replaced in 2021. Additional highlights include shared washer/dryer hookups, a spacious yard with a fire pit and storage shed, and four paved off-street parking spaces-a premium feature for both residents and short-term guests. This is an excellent opportunity for investors or owner-occupants to live in one unit while generating significant income from the other in one of Loveland's most convenient and desirable locations.

Location

State CO

County Larimer

Zoning Res

Rooms

Basement Daylight, Full

Interior

Heating Forced Air

Appliance Dryer, Oven, Refrigerator, Washer

Exterior

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description Public

Roof Type Composition

Private Pool No

Building

Story One

Sewer Public Sewer

Water Public

Schools

School District Elementary: Thompson R2-J, High: Thompson R2-J

Others

Tax ID R1681668

REColorado MLS
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byGroup Mulberry

Nearby Locations

Adam Gillespie

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(720) 789-4658

adamgillespie303@gmail.com

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1150-1152 E 5th ST