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Boulder Luxury
1449 E 1st St, Loveland, CO 80537
- $515,000
- 8
- BD
- 4
- BA
- 3,840
- SqFt
- Sold Price
- $515,000
- List Price
- $640,000
- Status
- CLOSED
- MLS#
- 6352166
- Closing Date
- May 15, 2026
- Year Built
- 1971
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,840
- Region
- Loveland/Berthoud
- Subdivision
- Loveland
Property Description
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.
Additional Information
- Taxes
- $3,143
- School District
- Thompson R2-J
- Elementary School
- Winona
- Middle School
- Bill Reed
- High School
- Mountain View
- Heating
- Hot Water, Baseboard
- Utilities
- Master Metered, Separate Meters
- Garage Spaces
- 8
- Zoning
- R3E
Listing courtesy of Luis Hernandez.
720-445-5847
Selling Office: .Mortgage Calculator
Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.