624 E 6th St, Loveland, CO 80537
- $640,000
- 3
- BD
- 1
- BA
- 1,404
- SqFt
- List Price
- $640,000
- Status
- ACTIVE
- MLS#
- 1060992
- Price Change
- ▼ $10,000 1784779942
- Year Built
- 1920
- Bedrooms
- 3
- Bathrooms
- 1
- Living Area
- 1,404
- Region
- Loveland/Berthoud
- Subdivision
- Lov
Property Description
PRICE REDUCTION AND SELLER IS OFFERING A RATE BUY DOWN TO 5.875%(6.286APR)!! Preferred lender and a qualifying offer. An amazing opportunity to own a completely updated ranch-style home in the heart of Old Town Loveland, nestled on the peaceful and charming 6th Street. Just blocks from Old Town, Sunnyside Park, and the Chilson Recreation Center, you'll have Loveland's best restaurants and bars all within a 5-10 minute walk.This home embodies Old Town living at its finest. Wake up to morning coffee in your serene, shaded backyard beneath beautiful old-growth trees, then stroll downtown for lunch or a drink. The property has been fully updated with new windows, new flooring, an updated kitchen, and an updated bathroom - truly move-in ready.And there's more: two garages are included. Use one as a workshop and the other for parking. Plans for an ADU (accessory dwelling unit) are also included with the sale.The home has been successfully operated as a short-term rental and second home, with current STR revenue of approximately $42K annually (with significant personal use). Proforma projections show $60K at 100% STR occupancy, and up to $90K with the addition of the ADU.This is a rare chance to own a beautiful, updated property in Old Town at an incredible price. Don't wait - will you be the lucky one?
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Additional Information
- Taxes
- $2,509
- School District
- Thompson R2-J
- Elementary School
- Truscott
- Middle School
- Bill Reed
- High School
- Thompson Valley
- Heating
- Forced Air
- Cooling
- Central Air
- Utilities
- Natural Gas Available, Electricity Available
- Garage Spaces
- 2
- Zoning
- R3E
Mortgage Calculator
Listing courtesy of Fred Porter.
9702314272
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