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Backup Offers

3609-3615 Butternut Dr, Loveland, CO, 80538

$925,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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3609-3615 Butternut Dr, Loveland$925,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1971
HeatingRadiant
MLS #IR1000172
Lot Size0.31 Acres
StatusAccepting Backup Offers
(Pending)

About 3609-3615 Butternut Dr

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!

Property Details

Property Features

Property Information:

  • Year Built: 1971

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 420-6166
  • Listing Agent: Benjamin Blonder

Interior Features

Interior Information:

  • Appliances: Disposal
  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

Utilities

Utilities Information:

  • Heating: Radiant

School Info

Assigned Schools Information:

  • Loveland High School, Public District Grades 9-12
  • Lucile Erwin Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 37th St west of 287 to Sheridan, south to Butternut, east to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $925,000
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Housing Market Comparison

See how this home compares to others in Loveland, CO.

Med. Sold Price

$499.6K

Med. Price/SqFt

$274

Avg. Days On Market

63

# of Sold Homes

118

3609-3615 Butternut Dr vs Loveland

148 DAYS ON ROCKET

+85 Days

$925,000

+$425.3K More

KEY TAKEAWAY

This property is $425.3K more than the Median Sold Price in Loveland, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #IR1000172

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 420-6166
  • Listing Agent: Benjamin Blonder

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
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Greenwood Village, CO 80111 USA

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Last updated on: 4/27/2024, 1:57:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,684

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,840

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1023527
5
/10
  • Lincoln Elementary School

  • 3312 Douglas Ave

  • 0.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1023528
3
/10
  • Lucile Erwin Middle School

  • 4700 Lucerne Ave

  • 1.92 miles

  • Public District Grades 6-8

High School

school-card-donut-1023529
6
/10
  • Loveland High School

  • 920 W 29th St

  • 0.45 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,486. Typical income of Loveland, CO residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesColoradoLarimer CountyLoveland805383609-3615 Butternut Dr

This home is located at 3609-3615 Butternut Dr in Loveland, CO and zip code 80538. This home, which was built in 1971, sits on a 0.31 acre lot. It has been listed on Rocket Homes since November 30, 2023 and is currently priced at $925,000.

Loveland, CO housing market in March 2024 saw over 32 listings sold above listed price, more than 45 sold at listed price and over 41 sold below. Between February 2024 and March 2024, Loveland, CO real estate market has seen increase in the number of listings by 16.3%. In March 2024 median list price was $499,642 and the average listing age was 63 days.

From Rocket Homes Real Estate and based on county public records data.

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