1331 East 7th Street

Loveland, CO 80537

$560,000
Last Sold Price
7
Beds
4
Baths
3,850 Sq. Ft.
$145 / Sq. Ft.
3,850
Sq. Ft.
$145
per Sq. Ft.

Description

Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes...Unique opportunity for rental income or development potential close to downtown Loveland. Property is currently a non-conforming 3 unit rental. Each unit has its own entrance, kitchen and laundry. Live in one unit and rent the other two. Easily convert two units into one single family and rent the 3rd unit. Double lot allows for future development. Leases in place to May 31, 2021 for Units B and C and to July 31, 2021 for Unit A. 30 Day Notice must be given to tenants to vacate. Monthly rent includes utilities. Property zoned single family at county level and in the R3e overlay zone at city level. Storage container at back of property is included in price. All pictures were taken during vacancy in each unit.
  1. Listed by Cindy March • Premier Lifestyle Realty • 9706134400

Amenities

  • Air Conditioning
  • Common Outdoor Space
  • Forced Air
  • Gym
  • Laundry
  • Private Outdoor Space
  • Washer / Dryer in Unit

Location

Listing Courtesy of Premier Lifestyle Realty, Cindy March

Sold By CO-OP Non-IRES, CO-OP Non-IRES Agent

Add your commute
LISTING UPDATED: 09/01/2022 06:02 PM

Property Details for 1331 East 7th Street

StatusSold
MLS #932677
Days on Compass120
Taxes$2,615 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.30 AC / 13,084 SF
CountyLarimer County

Location

Listing Courtesy of Premier Lifestyle Realty, Cindy March

Sold By CO-OP Non-IRES, CO-OP Non-IRES Agent

Add your commute

Building Information for 1331 East 7th Street

Stories-Residences3Year Built1910Building Size-Lot Size0.30 AC / 13,084 SF

Payment Calculator

$3,274 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,056

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1331 East 7th Street

Summary
Location and General Information
  • Road Access 2: City Street
  • Longitude and Latitude: -105.05775, 40.39875
  • Latitude: 40.40
  • Longitude: -105.06
  • Elementary School District: Thompson R2-J
  • Middle Or Junior School District: Thompson R2-J
Parking
  • Total Parking: 8.00
  • Parking Features: Alley Access
Taxes and HOA Information
  • Tax Information: No
  • Tax Year: 2020
  • Tax Annual Amount: $2,615
  • Parcel Number: R0342033
Property
Lot Information
  • Lot Improvements: Curbs, Gutters, Sidewalks, Water Rights Excluded, Mineral Rights Excluded, Level, Within City Limits
  • Lot Size Area: 13,084.00
  • Lot Size Units: Square Feet
  • Has Improvements: No
  • Vegetation: Deciduous Trees
Property and Assessments
  • Total Finished Area Source: Assessor
  • Total Finished Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Are Ditches Active: No
  • Security Features: Smoke Detector(s)
  • New Construction YN: No
  • Levels: Tri Front/Back
  • Home Warranty YN: No
Utilities
  • Cooling: Yes
  • Utilities 1: No
  • Electric: Electric, City of Lovelan
  • Gas: Natural Gas, Excel
  • Sewer: City Sewer
  • Heating YN: Yes
Interior and Exterior Features
Exterior Features
  • Flooring: Wood Floors
Interior Features
  • ViewYN: Yes
  • Interior Features: High Speed Internet, Eat-in Kitchen, Cathedral/Vaulted Ceilings, Open Floorplan, Walk-In Closet(s), Outside Entry
  • Laundry Features: Sink, Washer/Dryer Hookups
  • Spa Features: Bath
  • Spa YN: Yes
  • Units Furnished: None
  • Entry Location: Outside Entry
  • Inclusion 3: Unfurnished
Multi Family
Multi-Family Information
  • Unit 1's Number of Bedrooms: 2
  • Unit 1's Number of Baths: 1.00
  • Number of units in Unit 1: 1
  • Unit 2's Number of Bedrooms: 3
  • Unit 2's Number of Baths: 2.00
  • Number of 2 bedroom units: 2
  • Number of units in Unit 2: 1
  • Unit 3's Number of Bedrooms: 2
  • Unit 3's Number of Baths: 1.00
  • Number of 3 bedroom units: 1
  • Unit 3's Estimated Square Feet: 1280
  • Number of units in Unit 3: 1
Rental
Rental Information
  • Rent Unit 1: $1,100.00
  • Rent Unit 2: $1,550.00
  • Rent Unit 3: $1,150.00
  • Lease Sq Ft Unit: Square Feet
  • Total Actual Rent: $3,800.00
  • Horse YN: No

Property History for 1331 East 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1331 East 7th Street

Taxable ValueLand$2,412Additions$46,063Total$48,475
Tax Record2023$3,447 ($287 / month)
Home Facts
Total Finished SqFt2,570 SqFtAbove Grade Finished SqFt2,570 SqFtStories1Lot Size13,068 SqFtStyleTriplexYear Built1910Year Renovated2005CountyLARIMERAPN85183-23-008Fireplace TypeHas Fireplace

Schools near 1331 East 7th Street

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier Lifestyle Realty, Cindy March

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.