Loveland, CO 80538 1620 E 17th St

Pending
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Presented By: Pro Property Management; 9706673400
  • MLS# 1039042
  • 07/11/2025
  • Request Tour
  • Request Info
  • Beds • 10
  • Baths • 7
  • SQFT • 3,924
  • Garage • 1

Home Details

*Back on market due to no fault of the property! Previous contract had conditional sale issue*Investor Alert - 4-Plex w/ Garages, New Roof & Strong Unit Mix!Turnkey multifamily opportunity in a high-demand rental market! This clean, professionally managed 4-unit property includes two (one majority remodel) 2-bed/1.5-bath townhomes, one fully remodeled 3-bed/1-bath, and a majority 3-bed/1.75-bath ranch-style rear unit. All units feature hot water baseboard heat, ceiling fans, refrigerators, dishwashers, ranges, disposals, w/d hookups, and private porches or decks. Shared use of two oversized 2-car garages ( 1/2 garage per unit). Low-maintenance landscaping minimizes operating costs. Tenants pay electric, $26/mo for trash/recycling, and $50/mo for water/sewer. Separate electric meters in place. Owner covers partial water, gas, and exterior electric. All tenants handle their own snow removal. Reliable tenant base and efficient layouts make this property easy to manage. Operating expenses entered for 2024; YTD through 6/30/25 will be available by 7/16/25. Centrally located near parks, schools, and restaurants. New roof and modernized units provide long-term appeal. Buyer to verify all information.
Presented By: Pro Property Management; 9706673400

Interior Features for 1620 E 17th St

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths7

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesHigh Speed Internet
Laundry FeaturesWasher/Dryer Hookups
Window FeaturesWindow Coverings, Double Pane Windows

General for 1620 E 17th St

AccessibilityNear Bus, Low Carpet
AppliancesElectric Range/Oven, Self Cleaning Oven, Dishwasher, Refrigerator, Freezer, All Appliances, Disposal
Attached Garage No
Cap Rate2.9
CityLoveland
Construction MaterialsVinyl Siding
CoolingCeiling Fan(s)
CountyLarimer
DirectionsHead West on Hwy 34 and I-25 to Boise. North on Boise to E. 17th Street. East on East 17th Street to second property from the corner on South side of the street.
ElectricElectric, Separate Meter Electricity, City
Elementary SchoolPeakview Academy at Conrad Ball
ExclusionsTenants' personal property including some window coverings.
Garage Y/NNo
Gas Y/NNatural Gas, Xcel Energy
Gross Income58225.36
HOANo
HeatingBaseboard
High SchoolMountain View
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet7700
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolPeakview Academy at Conrad Ball
Net Operating Income25209.36
New ConstructionNo
Number Of Units Total4
Operating Expense33016
Patio/Porch FeaturesPatio, Deck
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofRubber, Flat
Senior Community Y/NNo
SewerCity Sewer
Standard StatusPending
StatusPending
Stories Count2
Subdivision NameMckee Meadows Add
Tax Annual Amount4100
Tax Year2024
Tenant PaysDeposit, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Year Built1972
ZoningR3E

Exterior for 1620 E 17th St

Exterior AmenitiesLighting
FencingPartial, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Within City Limits
Lot Size Acres0.18
Lot Size Area7700
Other ParkingParking Per Unit(1 Space/Unit)
Parking FeaturesGarage Door Opener
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Loveland
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Mountain View High School
Elementary School Peakview Academy at Conrad Ball Elementary School
Middle School Peakview Academy at Conrad Ball Middle School

Jon Holsten

Price $869,000
MLS#1039042
List Date 07/11/2025
Property Type Pending
Phone 970.237.2752
Request Tour
Request Info
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