120 W 12th ST Loveland, CO 80537

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.