1806 E 16th St, Loveland, CO

About 1806 E 16th St

1806 - 1810 E 16th Street a stable investment property being offered to the market. This property has been under the management and ownership of the seller for the past 6 years and there have been no vacancies experienced in that time. Prospective tenants line up for the opportunity to live in this area due to the fact that is centrally located to work, lifestyle, and social settings. McKee Medical Center is an 11 min walk and a 2 min car ride both of which are influencing factors of prospective tenants that work at McKee and want to live close to work. Traveling nurses as your renter base? Access to I25 is 8 minutes by car and downtown is only a 7 minute drive. Pride of ownership is evident throughout this property. Luxury vinyl planking in all of the living and high traffic areas for low maintenance upkeep and comfortable carpet in the bedrooms. The furnaces are in great shape and the reports from 01/2024 are available. The hot water heaters are 6 and 7 years old. The roof is older but still in working condition and the owner is willing to consider a seller concession for the roof. All appliances are in good working order. Looking to enter the hot Northern Colorado real estate market as a home buyer? Duplexes allow you to purchase as a primary residence and have tenants paying down your mortgage, a great opportunity to get into the market at an affordable price point and have your overhead dramatically reduced. There are 2 parking spaces for each unit 1 in the attached garage and one in the driveway. On street parking is also an option in front of the units. Both units are leased through 08/31/2024.

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