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Linette Nye Schmidt

linette@exitsilverthread.com +1(719) 588-1636

$ 875,000

Est. payment -/mo

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Price Dropped by $10K

3609-3615 Butternut DR Loveland, CO 80538

0.31 Acres Lot

UPDATED:

10/22/2024 07:01 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Subdivision Sunset Acres

MLS Listing ID IR1018495

HOA Y/N No

Originating Board recolorado

Year Built 1971

Annual Tax Amount $3,584

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Description

This is a turn key investment property, fully occupied with long term leases in central Loveland! NO HOA and 2 parking spots per unit (tandem) and nicely updated. Interior of all units painted appx 2 years ago, and exterior was just repainted this summer, and new flooring in three out of the four apartments. Lots of work done recently to the entire 4 plex, it's ready to go. Updated bathrooms. Programable sprinkler system. Coin operated laundry by a third party adds some income. 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. Current rental rates are #3609 $1400, #3611 $1470, #3613 $1375, and 3615 is owner occupied but worth $1450. 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!

Location

State CO

County Larimer

Zoning RES

Rooms

Basement None

Interior

Heating Radiant

Fireplace N

Exterior

Fence Partial

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Total Parking Spaces 8

Building

Lot Description Level

Story One, Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

Structure Type Wood Frame

Schools

Elementary Schools Lincoln

Middle Schools Lucile Erwin

High Schools Loveland

School District Thompson R2-J

Others

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Keller Williams Realty NoCo • 9704206166

Linette Nye Schmidt

Broker Associate | License ID: FA.100086260

+1(719) 588-1636

Linette Nye Schmidt

3609-3615 Butternut DR Loveland, CO 80538

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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3609-3615 Butternut DR