Residential Income Property for Sale Loveland Colorado at $885,000
3408
Butternut Drive,
Loveland,
Colorado
CO
80538
Sold For: $885,000
Listing ID: IR968696
Status:
Closed
SqFt:
4,160
Sq Ft
Acres:
0.250
Acres
Year Built:
1981
Rare investment property in a great location now available. Sellers hate to part with it but they are moving out of state. Now it is your opportunity for a wonderful place to 'park your money' during these interesting economic times. This all brick 4-plex offers tenants air conditioning, washer & dryer, and 2 entrances for each unit. Your tenants will enjoy ample off-street parking as this property sits on a large cul-de-sac lot that backs up to open space. Each unit provides a spacious living room, dine-in kitchen, private laundry room, and 2 bedrooms. Lower units have newer flooring. Otherwise all units are very similar. All units are currently tenant occupied! Leases are all month to month. $1050/unit. 24 hour showing notice requested. Conveniently located near schools, King Soopers, easy access to Hwy 287. 3 & 4. Both units have newer vinyl plank flooring. Units 1 & 2 are almost the same, but do not have the newer flooring. No Photos of unit 4.
Primary Features
County:
Larimer
Property Sub Type:
Quadruplex
Property Type:
Residential Income
Year Built:
1981
Zoning:
R3E
Interior
Above Grade Finished Area Source:
Assessor
Appliances:
Dishwasher, Oven, Refrigerator
Basement:
Full
Cooling:
Central Air
Heating:
Forced Air
Interior Features:
Eat-in Kitchen
Laundry Features:
In Unit
Levels:
Two
Living Area Source:
Assessor
Stories:
2
External
Construction Materials:
Brick
Lot Features:
Cul-De-Sac
Lot Size SqFt:
10918
Number Of Units Total:
4
Parking Total:
6
Road Frontage Type:
Public Road
Road Surface Type:
Paved
Roof:
Composition
Utilities:
Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
Location
Building Area Source:
Assessor
Country:
US
Elementary School:
Lincoln
Elementary School District:
Thompson R2-J
High School:
Loveland
High School District:
Thompson R2-J
Middle or Junior School:
Lucile Erwin
Subdivision:
Sunset Acres
Additional
Documents Count:
3
Property Sub Type Additional:
Quadruplex
Status:
Closed
Financial
Cap Rate:
4.27
Exclusions:
Tenant's personal property, Sellers' personal property, Staging items, & Window Coverings.
Gross Income:
5110
Net Operating Income:
37819
Ownership:
Individual
Possession:
Rental Agreement
Tax Annual Amount:
3580
Tax Year:
2021
Tenant Pays:
Electricity, Gas
Zoning Info
Area Info
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© 2023 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
© 2023 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. Contact - Listing ID IR968696
Courtney Murphy
21658 E Tallkid Ave
Parker, CO 80138
Phone: 7204760370
Phone Alt: 7204760370
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