Active
3609 Butternut Dr
Loveland CO, 80538
$860,000
$242.39 per sqft
Active
8 Beds
4 Baths
3,548 sqft
Multi-family
Built in 1971
Investor alert! 3609 Butternut Drive is an income producing 4-unit rental property offering steady cash flow and excellent growth potential. Each unit features 2 bedrooms, 1 bath, with updated bathrooms and spacious layouts that appeal to long-term tenants. The property has seen significant recent updates, including a freshly painted exterior (summer 2024) and new flooring in three of the four units. A programmable sprinkler system helps maintain the large, well-kept yard, offering tenants space to relax or play. Additional income is generated from an on-site coin-operated laundry managed by a third party. This property is move-in ready for tenants and requires minimal upkeep. With consistent occupancy, off-street parking, and opportunities to further increase rents, this is a dependable and hassle-free investment. Contact us today for financials or to schedule a showing!
The tenants pays electric, cable, and internet. The owner pays water, sewer, trash, gas, and common area electric. Current rental rates are #3609 $1400, #3611 $1470, #3613 $1400, and 3615 is owner occupied but worth $1450. Please see the website for more interior photos
3840691
MLSⓇ ID
January 17, 2025
Listed
January 17, 2025
Updated
Map
3609 Butternut Dr
Loveland CO, 80538
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
4
Fireplace
No
Cooling
Yes
Cooling Description
Room Air Conditioner
Heating
Yes
Heating Description
Baseboard, Radiant
Exterior/Building Features
Lot Size
0.31 Acres
Lot Features
Level
Roof
Composition
Sewer
City Sewer, Public Sewer
School Information
School District
Thompson R2-J
High School
Loveland
Elementary School
Lincoln
Other Property Details
Area Name
Loveland/Berthoud
Taxes
$3,584
Tax Frequency
Annually
Days on Market
1
Garage
Yes
Garage Spaces
8
View
No
County
Larimer
Water Source
City Water
Pool
No
Zoning
R3E
Listing History
Date | Event | Price |
---|---|---|
1/17/2025 | Active | — |
Listed by Barney Villa with Century 21 Signature Realty North, Inc.
Listing Contact: 720-788-0191
The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 1/17/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map.
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Data last updated on 1/17/2025 at 8:46 AM UTC