1170-1172 East 5th Street, Unit 11701172
1170-1172 East 5th Street, Unit 11701172
$500,000
4
2
1,780
1,780
$281
Description
Back on the market! Buyer defaulted through no fault of the property. 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...Back on the market! Buyer defaulted through no fault of the property. 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.
- Listed by Wayne Lewis • LC Real Estate Group, LLC • wlewis@lcrealestategroup.com,303-588-8808
- Listed by Wayne Lewis • LC Real Estate Group, LLC
Property Details for 1170-1172 East 5th Street, Unit 11701172
Structure Type
Duplex
Architectural StyleDuplex
LevelsOne
Stories1
Subdivision NameWilson Addition
AssociationNo
BasementYes
Location
LISTING UPDATED: 04/05/2024 07:04 PM
Property Details for 1170-1172 East 5th Street, Unit 11701172
Status | Active |
---|---|
MLS # | 1704093 |
Days on Compass | 176 |
Taxes | $2,943 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1978 |
Lot Size | 0.20 AC / 8,712 SF |
County | Larimer County |
Location
Building Information for 1170-1172 East 5th Street, Unit 11701172
Stories-Residences-Year Built1978Building Size-Lot Size0.20 AC / 8,712 SF
Payment Calculator
$2,974 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1170-1172 East 5th Street, Unit 11701172
Schools near 1170-1172 East 5th Street, Unit 11701172
This home is within Thompson R2-J School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Winona Elementary School PublicK to 5 | ||
Conrad Ball Middle School Public6 to 8 | ||
Mountain View High School Public9 to 12 | ||
New Vision Charter School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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