REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Chris Wedgwood

chris@denverevolution.com +1(303) 815-6243

$ 565,000

Est. payment | -/mo

4 Beds

1.75 Baths

2,072 SqFt

Save Virtual Tour

$ 565,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

1.75 Baths

2,072 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $272

Subdivision Nettleton Place

MLS Listing ID IR1065694

Style Contemporary

Bedrooms 4

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 1,036

Year Built 1955

Annual Tax Amount $2,750

Tax Year 2025

Lot Size 7,742 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source recolorado

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

Zoning R3E

Rooms

Main Level Bedrooms 2

Interior

Interior Features Eat-in Kitchen

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Spa/Hot Tub

Parking Features Oversized

Garage Spaces 4.0

Fence Partial

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

Roof Type Composition

Total Parking Spaces 4

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Schools

Elementary Schools Truscott

Middle Schools Other

High Schools Thompson Valley

School District Thompson R2-J

Others

Ownership Individual

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

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

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

Listed by eXp Realty LLC

GET MORE INFORMATION

Chris Wedgwood

Broker Associate | License ID: 100071313

+1(303) 815-6243 | chris@denverevolution.com

853 E 7th ST Loveland, CO 80537

Chris Wedgwood

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

853 E 7th ST