About 3609 Butternut Dr
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!
Features of 3609 Butternut Dr
MLS® # | 1000172 |
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Price | $925,000 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Square Footage | 3,548 |
Acres | 0.31 |
Year Built | 1971 |
Type | Residential Income |
Sub-Type | Income Property |
Style | Ranch |
Status | Active |
Community Information
Address | 3609 Butternut Dr |
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Area | Loveland |
Subdivision | Sunset Acres |
City | Loveland |
County | Larimer |
State | CO |
Zip Code | 80538 |
Amenities
Utilities | Natural Gas Available, Electricity Available |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | All Appliances, Disposal |
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Heating | Radiant |
Fireplace | No |
# of Stories | 1 |
Stories | One, Two |
Exterior
Exterior Features | Lighting |
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Lot Description | Curbs, Gutters, Sidewalks |
Roof | Composition |
Construction | Wood/Frame |
School Information
District | Thompson R2-J |
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Elementary | Lincoln |
Middle | Erwin, Lucile |
High | Loveland |
Additional Information
Days on Market | 148 |
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Zoning | R3E |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Benjamin Blonder |
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Office | Keller Williams Realty NoCo |
Contact Info | 9704206166 |