853 E 7th St

Loveland CO 80537

2072 sq. ft.

7742 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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.