3609-3615 Butternut Drive Loveland, CO 80538
Great investment property in central Loveland, NO HOA and 2 parking spots per unit (tandem) and nicely updated. All units painted in the last 2 yrs and new flooring too! 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 around $1400, 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!
- Property TypeMulti-Family
- NeighborhoodSunset Acres
- CountyLarimer
- Taxes$3,387
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive
- MLS ID NumberIR1011026
- Home Size Source Assessor
- Year Built1971
- Lot Size0.31 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 3609-3615 Butternut Drive Loveland, CO 80538
3 weeks ago | |
3 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Parking Spaces 8
- Sewer Public Sewer
- Basement None
- Number of Stories One, Two
- Acreage 0.31
- Water Public
- Property Sub Type Quadruplex
- Utilities Electricity AvailableNatural Gas Available
- Zoning R3E
Interior Features
- Heating Radiant
- Fireplace No
Exterior Features
- Roof Composition
- Fencing FencedPartial
- Spa No
- Waterfront Property No
- Lot Level