About 1502 E 5th Street
Fantastic 4-plex built in 1996 is an investment opportunity you don't want to pass up! As you know, a newer built 4 plex that has been WONDERFULLY maintained is very hard to find in Loveland. Excellent CAP rate for a property of this condition and low maintenance costs. All 4 units feature 2bed/1ba and include 2 off-street parking spaces. NEW Exterior paint 2025, NEW roof 2020, all exterior windows (front and back) have been replaced, between 2017-2018 replaced bath/shower units and sliding bath doors, carpet in bedrooms, synthetic hardwood floors, kitchen appliances (dishwasher, sink, garbage disposals, range, and refrigerator. Brand new water heaters in two units, the other two replaced in 2017/2018. Asphalt drive/parking done in 2023. All electric units (no gas), separately metered - tenants pay. Garbage/Water/Sewer - owner currently pays. Cable TV/internet - tenants pay. Each unit has an 4' x 10' enclosed, locked storage area off each units back deck/patio. Currently there is no PM fee, owner self manages and pride of ownership is evident. All units have washer and dryer hookups, but 1504 and 1508 have washer and dryer units owned by seller so will convey.
Features of 1502 E 5th Street
| MLS® # | IR1044701 |
|---|---|
| Price | $844,900 |
| Bathrooms | 0.00 |
| Square Footage | 3,456 |
| Acres | 0.25 |
| Year Built | 1996 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Pending |
Community Information
| Address | 1502 E 5th Street |
|---|---|
| Subdivision | Water Addition |
| City | Loveland |
| County | Larimer |
| State | CO |
| Zip Code | 80537 |
Amenities
| Utilities | Cable Available, Electricity Available, Internet Access (Wired) |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Eat-in Kitchen, Open Floorplan |
|---|---|
| Appliances | Dishwasher, Dryer, Oven, Refrigerator, Washer |
| Heating | Baseboard |
| Fireplace | No |
| Stories | Two |
Exterior
| Lot Description | Level |
|---|---|
| Windows | Window Coverings |
| Roof | Composition |
School Information
| District | Thompson R2-J |
|---|---|
| Elementary | Winona |
| Middle | Other |
| High | Mountain View |
Additional Information
| Date Listed | September 30th, 2025 |
|---|---|
| Zoning | R3E |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | C3 Real Estate Solutions, LLC |
|---|