Location. Location Location! This fantastic lot, walking distance to downtown & Lake Loveland. Three lots totaling 11,803 square feet. This property consists of lots 17,18,19 in the Lakeside Addition. If you removed the existing improvements, you could potentially have it replotted into two or three lots. You could get separate utilities and pay only the tap fees. Why? Because this property was annexed in 1908. No need to pay the very expensive water taps. You could also build 3 "Urban Cottages" per the new Loveland building standard, as this property features alley access to each lot. You could keep it as one lot & make the existing storage building an addition to the house (that was the intention of the seller). You could also convert the storage building into an ADU (accessory dwelling unit) as it already has the utilities coming from the current home. Or just reside in the current home like the seller has for over 23 years. What's life like living in the existing house? well, the nick-name is the mini mansion. The charming 540 sq ft bungalow features a cozy living room with a spanish archway leading into the kitchen w/ new vinyl flooring & the original cabinetry. Full bathroom, incredibly adorned w/ ceramic tile, blk granite trim & a large mermaid mosaic over the tub. The living room features a gas fireplace, and a Bose sound system extending to the outdoors. The ceramic tile continues into the bedroom. The bedroom tiles cover the heated floor. The wall has stained wainscot and a large bay window. The 3/4 bathroom located in the bedroom features the stackable washer and dryer. Additional exterior structures include a 20x20 carport, 10x20 wood Shed and 10x20 heated storage building, will be removed by seller or can be negotiated. Updates include a 2005 sewer line replacement, All new electrical including city electrical service, RV hookup, and a new mini-split for AC/heating.