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Brittany Cowan

brittany@nocohomeliving.com +1(605) 881-8263

$499,000

Est. payment - /mo

2,080 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Subdivision Wilson

MLS Listing ID IRE1058773

HOA Y/N No

Year Built 1948

Annual Tax Amount $2,338

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Source ires

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

Community Wilson

Area Loveland/Berthoud

Zoning Res

Rooms

Basement Full, Partially Finished, Daylight

Interior

Heating Forced Air

Appliance Electric Range, Refrigerator, Washer, Dryer

Exterior

Utilities Available Natural Gas Available, Electricity Available

View Y/N No

Roof Type Composition

Improvements No

Garage No

Building

Lot Description Paved, Curbs, Gutters, Sidewalks, Street Light

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Frame

New Construction false

Schools

Elementary Schools Winona

Middle Schools Bill Reed

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)

Listed by Kyle Basnar

Nearby Locations

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Brittany Cowan

+1(605) 881-8263

Agent

1150 E 5th Loveland, CO 80537

Brittany Cowan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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