120 W 12th Street, Loveland, CO 80537

$700,000 Asking Price

5 beds
3 baths
2,152  sqft
Built in 1914

This beautiful, turn-of-the-century property features a PRIMARY DWELLING + a separate DETACHED ADU (aka accessory dwelling unit, mother-in-law suite, carriage house) on an expansive 14,000 SF LOT w/ R3E zoning! Live in one & rent out the other or use them both as income/investment properties - the opportunities are endless! The ADU has been a profitable Airbnb for years - this is a turnkey opportunity to take over this well-established STR (short-term rental). Both homes have their own separate entrances & separate fenced-in yards offering plenty of privacy & their own backyard oasis + there is an extra fenced-in area behind the garage w/ alley access that would be perfect for adding a tiny home or parking an RV or boat! The large 3-car garage (w/ storage loft) could easily be divided for tenants to have their own garage spaces. The two homes have separate utilities w/ the exception of shared water/sewer, BUT WAIT THERE'S MORE... there is a separate water tap that is not being used! Most of the updates for the primary home were done in 2018 & the ADU was remodeled in 2019. All of the exterior paint has been recently touched up, making this property move-in ready! You'll love the historic charm & character of the primary home built in 1914 including the hardwood floors, arched doorways, antique knobs & wood-burning stove which is the heart of the home! You'll love the primary's updated kitchen, w/ quartz countertops & SS appliances. The basement has a large utility/laundry room + the layout allows for a variety of living arrangements to suit your needs! The ADU has a studio-style layout w/ main-level living & designer finishes. Conveniently located in Downtown Loveland, enjoy close proximity to restaurants & shopping or watching the sunset at Lake Loveland. Loveland is a great place to have a STR w/ no required permits or restrictions + it offers guests a quick drive up scenic Big Thompson Canyon to enjoy picturesque Rocky Mountain National Park & Estes Park.


Features & Amenities

Interior

General:
Eat-in Kitchen, No Stairs, Open Floorplan, Primary Suite
Appliances:
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry:
In Unit
Basement:
Full
Flooring:
Wood
A/C:
Central Air Conditioning,
Heating:
Forced Air
Fireplace:
Free Standing, Living Room

Exterior

General:
Dog Run, Spa/Hot Tub
Style:
Contemporary
Other Structures:
Deck
Parking:
Oversized, RV Access/Parking, Parking spaces: 3

Construction

Roofing:
Metal
Windows:
Window Coverings
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Thompson R2-J
County:
Larimer

Lot

Zoning:
R3e, LOTS 10, 11 AND 12 AND THE EAST 3 FEET OF THE SOUTH 50 FEET AND THE EAST 16.90 FEET OF THE NORTH 90 FEET OF LOT 13 AND THE WEST 9 FEET OF LOT 9 ALL IN BLOCK 3, AMENDED PLAT OF LAKESIDE ADDITION, COUNTY OF LARIMER, STATE OF COLORADO., R0383023
Fencing:
Fenced

Utilities

Utilities:
Cable Available, Electricity Available, Internet Access (Wired), Natural Gas Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
recolorado
Ownership:
Individual
Exclusions:
See contract prep guide for a full list of inclusions & exclusions.

This listing courtesy of:
C3 Real Estate Solutions, LLC, Brett Sall

About Loveland, CO

Housing

Number of Units
44,460
Median Home Value
$388,488
Median Rent
$1,216

32.22% of housing units are renter occupied.

5.49% are vacant.

Commute

Car
57.77%
Public Transportation
0.41%
Walk to Work
1.00%
Work from Home
39.57%
Other
0.76%

The median travel time to work is 17 minutes.

People

Population
97,449
Median Age
41.00
Median Household Size
2.60

Education

High School
23.69%
Associate’s Degree
10.71%
Bachelor’s Degree
24.90%
Graduate Degree
14.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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