You'll want to be first in line to see this beautifully remodeled mid-century modern home in the heart of downtown Loveland. This unique property offers two separate units, making it an excellent low-maintenance investment opportunity. It's ideal for multi-generational living or for a first-time homebuyer looking for the added security of rental income from the secondary unit.The home has been thoughtfully remodeled throughout and boasts a sleek modern electric fireplace, hardwood floors on both levels, convenient in-unit laundry, and brand-new cabinets and appliances, complemented by a contemporary glass range hood.Step outside to an enormous backyard offering endless possibilities - perfect for a large garden, future ADU, or outdoor entertaining. The space is framed by mature trees, providing privacy, shade, and a peaceful setting.
Property Features
Bedrooms
Interior Features
- Washer/Dryer Hookup
- Window Features: Window Coverings
Appliances
- Electric Range
- Self Cleaning Oven
- Dishwasher
- Refrigerator
- Washer
- Dryer
- All Appliances
- Disposal
- Fire Alarm
Other Rooms
- Basement Features: Partially Finished
Heating and Cooling
- Cooling Features: Ceiling Fan(s)
- Fireplace Features: Electric
- Heating Features: Forced Air
- Heating: Yes
- Ceiling Fans: Yes
Bathrooms
Exterior and Lot Features
- Fencing: Partial
- Other Structures: Storage
- Road Frontage Type: City Street
- Road Surface Type: Asphalt
Land Info
- Land Lease Amount Frequency: Year Lease
- Lot Description: Paved, Curbs, Gutters, Alley, Mineral Rights Excluded
- Lot Size Acres: 0.17
- Lot Size Square Feet: 7405
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Truscott
- High School: Thompson Valley
- High School District: Thompson R2-J
- Middle School: Bill Reed
- School District: Thompson R2-J
Rental Info
- Gross Income: 2940
- Income Includes: Lease/Rents
- Tenant Pays: Deposit
Multi-Unit Info
- Number of Units: 2
- Number of 2 Bedroom Units: 2
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Unit-1 Square Feet: 884
- Unit-2 Square Feet: 884
Other Property Info
- Annual Tax Amount: 2277
- Source Listing Status: Active
- County: Larimer
- Cap Rate: -0.29
- Tax Year: 2024
- Source Property Type: Residential Income
- Possible Use: Single Family, Multi-Family, Additional Units
- Area: Loveland/Berthoud
- Property Subtype: condo
- Source Neighborhood: Highland Park
- Parcel Number: R0382272
- Subdivision: Highland Park
- Zoning: R3E
- Property Subtype: Duplex
Farm Info
- Irrigation Water Rights: No
Commercial Info
- Net Operating Income: -1436.5
- Operating Expense: 4376.5
Building and Construction
- Total Square Feet Living: 1765
- Year Built: 1955
- Construction Materials: Frame, Metal Siding
- Levels: One
- Living Area Source: Assessor
- Property Age: 71
- Property Condition: Not New, Previously Owned
- Roof: Composition
- Levels or Stories: One
- Structure Type: Duplex
- Architectural Style: Contemporary
Accessibility Features
- Accessibility Features: Level Lot
Utilities
- Natural Gas Available
- Electricity Available
- Water Source: City
Home Features
- Green Energy Efficient: Southern Exposure
- Security Features: Fire Alarm
