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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
| DAYS ON MARKET | 0 | LAST UPDATED | 1/17/2025 |
|---|---|---|---|
| TRACT | Sunset Acres | YEAR BUILT | 1971 |
| COUNTY | Larimer | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Lincoln |
|---|---|
| Jr. High School | Lucile Erwin |
| High School | Loveland |
| ADDITIONAL DETAILS | |
| CONSTRUCTION | Frame, Wood Siding |
|---|---|
| HEAT | Baseboard, Radiant |
| LOT | 0.31 acre(s) |
| LOT DESCRIPTION | Level |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Sunset Acres |
| TAXES | 3584 |
| UTILITIES | Electricity Available, Natural Gas Available |
| WATER | Public |
| SATELLITE VIEW |
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This IDX solution is (c) Diverse Solutions 2025.
