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
Lot & Building Features
HeatingBaseboard, Radiant
CoolingRoom Air Conditioner
SewerCity Sewer, Public Sewer
Tax Year2023
WaterCity Water
LotLevel
Community and Schools
Elementary SchoolLincoln
Junior High SchoolLucile Erwin
Senior High SchoolLoveland
Unit Features
Unit 1 - DS Bedrooms2
Unit 1 - DS Est Sq Ft887
Unit 1 - DS Total Baths2
Unit 2 - DS Bedrooms2
Unit 2 - DS Est Sq Ft887
Unit 2 - DS Total Baths1
Unit 3 - DS Bedrooms2
Unit 3 - DS Est Sq Ft887
Unit 3 - DS Total Baths2
Unit 4 - DS Bedrooms2
Unit 4 - DS Est Sq Ft887
Unit 4 - DS Total Baths2
Price History of 3609 Butternut, Loveland, CO
Date
Name
Price
Difference
01/17/2025
Listing Price
$860,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
3609 Butternut (MLS #3840691) is a residential income listing located in Loveland, CO.
This residential income listing is 3,548 sqft and on a lot of 13,504 sqft (or 0.31 acres) with 8 bedrooms, 4 baths and is 54 years old. This property was listed on 01/17/2025 and has been priced for sale at $860,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Century 21 Signature Realty North, Inc.