535-555 N Adams AVE new to site

Loveland,CO 80537

$ 775000

- Bed

- Bath

10568 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 10,568 sqft

Price per Sqft $73

Subdivision Finleys Add Amd Lts 1 & 2

MLS Listing ID IR1045907

Year Built 1910

Annual Tax Amount $3,145

Tax Year 2024

Lot Size 6,970 Sqft

Property Sub-Type Quadruplex

Property Description

Offer Deadline of 12PM Noon on Monday 10/27 with acceptance deadline after 6PM. Absolutely unique investment opportunity in prime downtown Loveland location! This converted church and attached townhome units have endless potential as a residence, multi-family income property, short-term rental, or event venue. This property has so much potential, but needs significant work to realize it. ANY SERIOUS OFFER WILL BE CONSIDERED. Inspection reports and recent appraisal for $803K are available upon request. The 3 townhome units are each 2-bed/2 bath units with unique floorplans and potential for $1500-1750/mo rents with updates. The church building features stained glass, vaulted ceilings, hardwood floors, exposed wood beams, a brick bell tower, balconies, multiple separate living spaces, and a huge storage basement. Rent potential is easily $3000+ with updates, or much more as an Airbnb or event center.

Location

State CO

County Larimer

Zoning R3E

Interior

Heating Forced Air

Laundry In Unit

Exterior

Fence Partial

Utilities Available Cable Available,Electricity Available,Internet Access (Wired),Natural Gas Available

Roof Type Metal

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Block,Brick,Concrete,Frame,Wood Siding

Schools

Elementary Schools Truscott

Middle Schools Other

High Schools Thompson Valley

School District Thompson R2-J

Others

Acceptable Financing Cash

Listing Terms Cash

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