535 N Adams Ave new Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Subdivision Finleys Add Amd Lts 1 & 2
MLS Listing ID 1045907
Bedrooms 10
Year Built 1910
Annual Tax Amount $3,145
Lot Size 6,969 Sqft
Property Sub-Type Income Property
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
Area Loveland/Berthoud
Zoning R3E
Interior
Heating Forced Air
Laundry Washer/Dryer Hookups
Exterior
Parking Features Alley Access
Fence Partial,Fenced,Other
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Metal
Building
Lot Description Curbs,Gutters,Sidewalks,Fire Hydrant within 500 Feet,Water Rights Excluded,Irrigation Well Excluded,Mineral Rights Excluded,Level
Story 2
Sewer City Sewer
Water City Water,City of Loveland
Structure Type Wood/Frame,Brick/Brick Veneer,Block,Composition Siding,Wood Siding,Concrete
New Construction false
Schools
Elementary Schools Truscott
Middle Schools Bill Reed
High Schools Thompson Valley
School District Thompson R2-J
Others
Special Listing Condition Private Owner