853 E 7th Street, Loveland, CO 80537

$565,000
4
BD
2
BA
1,780
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of eXp Realty LLC . 9704203967

List Price
$565,000
Type
Single Family Residential
Status
ACTIVE
MLS Number
IR1065694
Bedrooms
4
Bathrooms
2
Finished Sqft
1,780
Above Grade Sqft
1036
Total Sqft
2072
Subdivision
Nettleton Place
Sub-Area
Nettleton Place
Year Built
1955

Property Description

Generate over $82,000 in annual gross income with this proven Downtown Loveland investment opportunity! Operating as the successful short-term rental "Grey & Ember," this property produced more than $72,000 in short-term rental income over the past 12 months, while the detached 3-car shop generated an additional $10,200 annually ($850/month), creating multiple income streams from one property. This fully furnished, turnkey 4-bedroom, 2-bath bungalow blends classic charm with modern updates, including hardwood floors, stainless steel appliances, and stylish furnishings throughout. Guests love the private fenced backyard with hot tub and the unbeatable location just blocks from Old Town Loveland's restaurants, breweries, shopping, and year-round events. Beyond the home, you'll find a one-car detached garage plus an approximately 960-square-foot heated 3-car shop featuring an automotive lift, abundant lighting, and attic storage. Continue leasing the shop for immediate cash flow, use it for your own business or hobbies, or explore additional possibilities to maximize the property's potential. Whether you're looking to expand your investment portfolio, offset your mortgage with rental income, operate an in-home business, or enjoy a move-in-ready primary residence with an exceptional workshop, this property offers multiple income streams, incredible flexibility, and endless possibilities in one of Loveland's most desirable downtown locations. Airbnb id: 38352710. Agent owned.

Additional Information

Taxes
$2,750
School District
Thompson R2-J
Elementary School
Truscott
Middle School
Other
High School
Thompson Valley
Garage Spaces
4
Parking Spaces
4
Parking Features
Oversized
Style
Contemporary
Type
Single Family Residence
Sewer
Public Sewer
Lot Size
7,742
Acres
0.18

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions