3609-3615 Butternut Drive
3609-3615 Butternut Drive
$925,000
8
4
3,548
3,548
$261
Active / Backup
Description
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...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!
- Listed by Benjamin Blonder • Keller Williams Realty NoCo • 9704206166
Amenities
- Common Outdoor Space
- Radiant Heating
Location
LISTING UPDATED: 04/25/2024 12:13 AM
Property Details for 3609-3615 Butternut Drive
Status | Active / Backup |
---|---|
MLS # | 1000172 |
Days on Compass | 148 |
Taxes | $3,387 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1971 |
Lot Size | 0.31 AC / 13,379 SF |
County | Larimer County |
Location
Building Information for 3609-3615 Butternut Drive
Stories1Residences4Year Built1971Building Size-Lot Size0.31 AC / 13,379 SF
Payment Calculator
$5,330 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3609-3615 Butternut Drive
Schools near 3609-3615 Butternut Drive
This home is within Thompson R2-J School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicK to 5 | ||
Lucile Erwin Middle School Public6 to 8 | ||
Loveland High School Public9 to 12 | ||
Leap School PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.