3609 Butternut Drive

Loveland, CO 80538

$860,000
Price
8
Beds
4
Baths
3,548 Sq. Ft.
$242 / Sq. Ft.
3,548
Sq. Ft.
$242
per Sq. Ft.

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...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
  1. Listed by Barney Villa • Century 21 Signature Realty North, Inc. • 720-788-0191

Property Details for 3609 Butternut Drive

Structure Type
Quadruplex
Levels
Two
Stories
2
Subdivision Name
Sunset Acres
Association
No
Basement
No
LISTING UPDATED: 01/17/2025 01:16 AM

Property Details for 3609 Butternut Drive

StatusActive
MLS #3840691
Days on Compass41
Taxes$3,584 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1971
Lot Size0.31 AC / 13,503 SF
CountyLarimer County

Building Information for 3609 Butternut Drive

Stories-Residences-Year Built1971Building Size-Lot Size0.31 AC / 13,503 SF

Property Information for 3609 Butternut Drive

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 3548
  • Sqft Total: 3548
  • Living Area (SqFt Finished): 3548
  • Above Grade Finished Area: 3548
  • Living SqFt: 3548
  • Area Source: Public Records
  • PSF Total: 242
  • PSF Above Grade: 242
  • PSF Finished: 242
  • Master on Main: No
  • Heating: Baseboard, Radiant
  • Cooling: Air Conditioning-Room
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 2 Bedroom
  • Unit Average Sq Ft: 887
  • Beds Total: 2
  • Baths Total: 1
Unit 2
  • Unit Type: 2 Bedroom
  • Unit Average Sq Ft: 887
  • Numberof Parking Per Unit: 2
  • Beds Total: 2
  • Baths Total: 2
Unit 3
  • Unit Type: 2 Bedroom
  • Unit Average Sq Ft: 887
  • Numberof Parking Per Unit: 2
  • Beds Total: 2
  • Baths Total: 2
Unit 4
  • Unit Type: 2 Bedroom
  • Unit Average Sq Ft: 887
  • Numberof Parking Per Unit: 2
  • Beds Total: 2
  • Baths Total: 2
Parking
Parking
  • Attached Garage: No
  • Parking Type: Off-Street
  • Parking Description: Off-Street-8
  • Parking Details: 8
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 8
  • Parking Count: 8
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Lincoln
  • Elementary School District: Thompson R2-J
  • Middle Or Junior School: Lucile Erwin
  • Middle Or Junior School District: Thompson R2-J
  • High School: Loveland
  • High School District: Thompson R2-J
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 13504
  • Lot Features: Level
  • Zoning: R3E
  • Fencing: Partial
  • Property Exclusions: Tenants and owners personal property
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Frame, Wood Siding
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Patio And Porch Features: Patio
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: Public Sewer
  • Electric: Electric

Property History for 3609 Butternut Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3609 Butternut Drive

Taxable ValueLand$12,730Additions$37,520Total$50,250
Tax Record2024$3,716 ($310 / month)
Home Facts
Total Finished SqFt3,548 SqFtAbove Grade Finished SqFt3,548 SqFtStories2Lot Size13,504 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971CountyLARIMERAPN95024-33-021

Schools near 3609 Butternut Drive

This home is within Thompson R2-J School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Lincoln Elementary School
PublicPK 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.

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3609 Butternut Drive is a multi-family home for sale in Loveland, CO 80538. This property was listed for sale on January 17, 2025 by Century 21 Signature Realty North, Inc., it's currently listed at $860,000. It has been on the market for a total of 41 days and was last sold on August 28, 2020. This listing's school district is Thompson R2-J School District. Nearby schools include Lincoln Elementary School, Lucile Erwin Middle School and Loveland High School. 3609 Butternut Drive is a 8-bed, 4-bath, 3,548 sqft multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Signature Realty North, Inc., Barney Villa

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.