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Loveland, CO 80537 1449 E 1st St

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Presented By: ;
  • MLS# 6352166
  • 02/09/2026
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  • Beds • 8
  • Baths • 4
  • SQFT • 3,840
  • Garage • 8

Home Details

Opportunity Knocks for investors seeking a true value-add quadplex in an established Loveland location near daily conveniences and commuter routes. The property offers a clear step-by-step upside plan: lower operating expenses by evaluating a transition from the current shared boiler/hot-water baseboard setup to unit-specific electric heat (and A/C where feasible) so tenants can pay their own heating costs (subject to feasibility, permits, and electrical capacity). Next, unlock additional revenue by adding garage doors to the existing shed/garage structure and charging for garage/storage use. Finally, increase returns by bringing rents to market. All tenants are month-to-month. Tenants pay electric; owner currently pays gas, water, and trash (verify). Buyer to verify unit mix, rent roll, expenses, square footage, and all information deemed material.
Presented By: ;

Interior Features for 1449 E 1st St

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area3840
BasementCrawl Space

General for 1449 E 1st St

AccessibilityLevel Lot
AppliancesDishwasher, Refrigerator, Microwave, Disposal
AttributionContact720-445-5847
Cap Rate5.599
CityLoveland
Community FeaturesCommunity Laundry
Construction MaterialsFrame, Block
CountyLarimer
DirectionsFrom downtown Loveland, head east on 1st Ave. Property on the NW corner of S Madison Ave and E 1st St.
Elementary SchoolWinona
ExclusionsTenant's personal property.
Expected Active Date 2026-02-09
Garage Spaces8
Gross Income56158
HOANo
HeatingHot Water, Baseboard
High SchoolMountain View
High School DistrictThompson R2-J
LevelsTwo
Living Area3840
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolBill Reed
Net Operating Income34320
New ConstructionNo
Number Of Units Total4
Operating Expense20534
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameLoveland
Tax Annual Amount3143
Tax Year2024
Tenant PaysElectricity
UtilitiesMaster Meter-Gas, Separate Meter Electricity
Year Built1971
ZoningR3E

Exterior for 1449 E 1st St

Building Area Total3840
Exterior AmenitiesBalcony
Lot FeaturesLevel, Outbuildings
Lot Size Acres0.17
Lot Size Area7196
Parking FeaturesOff Street
Total Parking8
Water SourceCity
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Winona Elementary School
High School Mountain View High School
Middle School Bill Reed Middle School

Nathan Washam

Broker/Owner
Price $640,000
MLS#6352166
List Date 02/09/2026
Property Type Income
Phone 970.988.8295
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