3609-3615 Butternut Drive, Loveland

$925,000

0 Beds
0 Baths
3,548 Sqft
.31 Acres
0 Garages

Great investment property in central Loveland, fully rented, 2 parking spots per unit (tandem) and nicely updated. All units painted in the last 2 yrs and new flooring too! All tenants are current and want to renew. Boiler heat ensures low utilities. Nice big well maintained yard to play or relax in. Tenants pay electric, cable and internet, owner pays water, sewer, trash, gas and common area electric. Nice CAP rate based off all units at $1450, which is very reasonable. Current rental rates are $1355, 1375, and $1450 with the owner occupying one of the units as well. This is a simple investment with a nice return! Live in one and rent the other 3? Take some money out of the market and invest in a tangible asset? Make this your next investment!

Essential Information
MLS® #IR1000172
Price$925,000
Bathrooms0.00
Square Footage3,548
Acres0.31
Year Built1971
TypeResidential Income
Sub-TypeQuadplex
StatusPending
Community Information
Address3609-3615 Butternut Drive
SubdivisionSunset Acres
CityLoveland
CountyLarimer
StateCO
Zip Code80538
Utilities

Electricity Available, Natural Gas Available

Interior
AppliancesDisposal
HeatingRadiant
StoriesOne, Two
Exterior
RoofComposition
School Information
DistrictThompson R2-J
ElementaryLincoln
MiddleLucile Erwin
HighLoveland
Additional Information
Date ListedNovember 30th, 2023
ZoningR3E
Parking Spaces8
Listing Details
OfficeKeller Williams Realty NoCo
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