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Rob Wagner

rob.wagner@engelvoelkers.com +1(720) 272-8466

$ 830,000

Est. payment -/mo

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New

3609 butternut dr DR Loveland, CO 80538

8 Beds

4 Baths

3,548 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,548 sqft

Price per Sqft $233

Subdivision Sunset Acres

MLS Listing ID 8355932

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,548

Year Built 1971

Annual Tax Amount $3,716

Tax Year 2024

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Quadruplex

Source recolorado

Property Description

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

Location

State CO

County Larimer

Zoning R3E

Interior

Heating Baseboard

Cooling Air Conditioning-Room

Fireplace N

Exterior

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame,Wood Siding

Schools

Elementary Schools Lincoln

Middle Schools Loveland Classical

High Schools Loveland

School District Thompson R2-J

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

Listed by Century 21 Signature Realty North, Inc.

Rob Wagner

Advisor | License ID: EA.040013440

+1(720) 272-8466

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