3609 Butternut Drive
Loveland, CO 80538
- 8 beds
- 4 baths
- 3,548 sqft
- 13,503 sqft lot
- $242 per sqft
- 1971 build
- – on site
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
Listing courtesy of Century 21 Signature Realty North, Inc.
Last checked:
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Last updated Jan 19, 2025
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MLS# 3840691 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1971
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Construction Materials:Frame, Wood Siding
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Structure Type:Quadruplex
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Patio And Porch Features:Patio
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Roof:Composition
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Common Walls:2+ Common Walls
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Basement:false
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Levels:Two
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Building Area Total:3548
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Building Area Source:Public Records
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Above Grade Finished Area:3548
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Property Attached:true
Room Dimensions
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Living Area:3548
Location
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Directions:37th St west of 287 to Sheridan, south to Butternut, east to property
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Latitude:40.42871201
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Longitude:-105.08334578
The Property
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Property Type:Residential Income
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Property Subtype:Quadplex
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Parcel Number:R0348821
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Zoning:R3E
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Lot Features:Level
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Lot Size Area:0.31
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Lot Size Acres:0.31
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Lot Size SqFt:13503.6
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Lot Size Units:Acres
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Exclusions:Tenants and owners personal property
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Fencing:Partial
Listing Agent
- Contact info:
- Agent phone:
- (720) 788-0191
- Office phone:
- (720) 495-4846
Taxes
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Tax Year:2023
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Tax Annual Amount:3584
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Tax Legal Description:LOT 21, BLK 1, SUNSET ACRES 6TH, LOV
Beds
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Bedrooms Total:8
Baths
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Total Baths:4
Heating & Cooling
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Heating:Baseboard, Radiant
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Cooling:Air Conditioning-Room
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Lincoln
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Elementary School District:Thompson R2-J
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Middle Or Junior School:Lucile Erwin
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Middle Or Junior School District:Thompson R2-J
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High School:Loveland
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High School District:Thompson R2-J
The Community
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Subdivision Name:Sunset Acres
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Attached Garage:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.