853 E 7th, Loveland, CO 80537
853 E 7th, Loveland, CO 80537
853 E 7th, Loveland, CO 80537
853 E 7th, Loveland, CO 80537
853 E 7th, Loveland, CO 80537
853 E 7th, Loveland, CO 80537
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$ 565,000
Est. payment | /mo

4 Beds

2 Baths

2,072 SqFt


$ 565,000
Est. payment | /mo

4 Beds

2 Baths

2,072 SqFt

Open House

Sun Aug 09, 11:00am - 1:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Subdivision Nettleton Place

MLS Listing ID IRE1065694

Style Contemporary

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Year Built 1955

Annual Tax Amount $2,750

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source ires

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.

Location

State CO

County Larimer

Community Nettleton Place

Area Loveland/Berthoud

Zoning R3E

Direction From N. Cleveland Ave/N. Lincoln Ave: Go East on 7th Street to Property on North side of the street.

Rooms

Basement Partially Finished

Interior

Interior Features Eat-in Kitchen, Workshop, Washer/Dryer Hookup

Heating Forced Air

Cooling Central Air

Flooring Wood

Appliance Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Some Furniture, Disposal

Exterior

Exterior Feature Hot Tub, Oversized Garage

Parking Features Detached

Garage Spaces 4.0

Fence Partial

Utilities Available Natural Gas Available, Electricity Available, Cable Available, High Speed Avail

View Y/N No

Roof Type Composition

Improvements No

Garage Yes

Building

Lot Description Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley

Sewer Public Sewer

Water City

Architectural Style Contemporary

Level or Stories One

Structure Type Composition

New Construction false

Schools

Elementary Schools Truscott

Middle Schools Bill Reed

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Special Listing Condition Private Owner

Virtual Tour https://listings.nextdoorphotos.com/vd/258976996

Information and Real Estate Services (IRES)
Listed by Erin Glenn

Schools and Properties Nearby

VIDEO

GET MORE INFORMATION

Jeff Kurtz
Jeff Kurtz

REALTOR® | License ID: FA.100074343

+1(970) 214-5983

jeffkurtzhomes.com

USA

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853 E 7th