3609 Butternut Dr

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Address: 3609 Butternut Dr, Loveland, Colorado, US

Phoenix & Southwest + Apartment Buildings

Created date: April 11, 2024

Date last updated: April 16, 2024

Property 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 $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!

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$925,000
Year Built:	1971
Lot Size:	3,548.00 Sq ft
Opportunity Zone:	No
Property Website	Click Here
Number of Bedrooms:	8
Number of Bathrooms:	4

Address: 3609 Butternut Dr, Loveland, CO 80538, USA

Provided by:

Standard Status: Active

MLS Listing Number: 1000172

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