3609 Butternut Dr Active Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80538
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,548 sqft
Price per Sqft $233
Subdivision Sunset Acres
MLS Listing ID 3840691
Bedrooms 8
Year Built 1971
Annual Tax Amount $3,584
Lot Size 0.310 Acres
Property Sub-Type Income Property
Property Description
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
Location
State CO
County Larimer
Area Loveland/Berthoud
Zoning R3E
Interior
Heating Baseboard,Radiant
Cooling Room Air Conditioner
Exterior
Garage Spaces 8.0
Fence Partial
Utilities Available Natural Gas Available,Electricity Available
Roof Type Composition
Building
Lot Description Level
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame,Wood Siding
New Construction false
Schools
Elementary Schools Lincoln
Middle Schools Lucile Erwin
High Schools Loveland
School District Thompson R2-J
Others
Special Listing Condition Private Owner