3609 Butternut Drive
Loveland, CO 80538
3548 sqft | 8 beds | 0.31 acres | #3840691
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
Property Details
- Utility FeaturesElectricity Available, Natural Gas Available
- School DistrictThompson R2-J
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- SubdivisionSunset Acres
- Middle SchoolLucile Erwin
- Structure TypeQuadruplex
- High SchoolLoveland
- Original List Price$860,000
- Property SubtypeQuadplex
- Elementary SchoolLincoln
- CountyLarimer
- MLS #3840691
- MLS #3840691
- Utility SourcePublic
- Taxes Annual$3,584
- Cost860000
- Lot DescriptionLevel
- Acres0.31
- Square Feet3548
- Year Built1971
- Bedrooms8
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Barney Villa (#REC55047040)
Listing Office: Century 21 Signature Realty North, Inc. (#RECJBSSN)
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