Skip To Content

    3566 Butternut Dr , A, B, C, D

    Loveland, CO 80538
    • $899,000
    • STATUS: Active Under Contract
    • ON SITE: 33 Days
    • MLS #: 951304
    Under Contract
    $899,000
    • 2
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,886
      SQFT
    • $231
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Great investment opportunity. Looking for a near 6% cap rate then check out this fully leased 4-plex in NW Loveland. All units are 2 stories w/ 2 bedroom and 1.5 baths. No HOA and low maintenanceexterior help with your cashflow. Units have been regularly maintained, updated and kept serviceableover the past few years. There is an owned, onsite coin-op laundry facility to add to your bottom line. 7reserved parking spot and additional off-street parking. Tenants pay electric. Owner pays water, sewerand trash with a monthly billback.

    Monthly Payment Calculator



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Nixon Team | RE/MAX Alliance. Data last updated: 2021-10-20T23:41:17.233.
    www.thenixonteam.com/homes/121537780
    Print Image

    3566 Butternut Dr , A, B, C, D Loveland, CO 80538

    • Price: $899,000
    • Status: Active Under Contract
    • MLS #: 951304
    2
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    3,886
    SQFT
    $231
    $/SQFT
    1978
    Built
    Neighborhood:
    Sunset Acres
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Elementary School:
    Lincoln
    Middle School:
    Erwin, Lucile
    High School:
    Loveland
    School District:
    Thompson R2-J
    Property Description
    Great investment opportunity. Looking for a near 6% cap rate then check out this fully leased 4-plex in NW Loveland. All units are 2 stories w/ 2 bedroom and 1.5 baths. No HOA and low maintenanceexterior help with your cashflow. Units have been regularly maintained, updated and kept serviceableover the past few years. There is an owned, onsite coin-op laundry facility to add to your bottom line. 7reserved parking spot and additional off-street parking. Tenants pay electric. Owner pays water, sewerand trash with a monthly billback.
    Exterior Features

    Construction Materials Wood/FrameBrick/Brick Veneer Horse YN No Levels Two Other Parking Parking Per Unit(2 Spaces/Unit) Property Attached YN No Road Frontage Type City Street Roof Composition Spa YN No Waterfront YN No

    Interior Features

    Appliances Electric Range/OvenDishwasherRefrigerator Basement None Heating Baseboard Heating YN Yes Interior Features High Speed InternetEat-in Kitchen Living Area Source Assessor Unit1 Bedrooms 2 Unit1 Est Sq Ft 950 Unit1 Total Baths 2

    Property Features

    Association YN No Cap Rate 5.9 Electric ElectricCity Of Lvd Gross Income 61860 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Income Includes Lease/RentsLaundry Listing Sub Status Backup Listing Terms CashConventional Locale Loveland Net Operating Income 53006 New Construction YN No Operating Expense 8854 Possible Use Multi-Family Property Condition Not NewPreviously Owned Sewer City Sewer Tax Annual Amount 3098 Tax Year 2020 Tenant Pays ElectricityTrash Collection Utilities Electricity Available Water Source City WaterCity Of Loveland Zoning R3e

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of James Watson of Group Mulberry.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Nixon Team | RE/MAX Alliance. Data last updated: 2021-10-20T23:41:17.233.
     
    https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_951304-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_951304-2.jpg https://bt-photos.global.ssl.fastly.net/ires/1280_boomver_1_951304-2.jpg
    Logo
    The Nixon Team | RE/MAX Alliance
    ,