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

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