3614-3616 Butternut Drive Loveland, CO $ 615,000
3614-3616 Butternut Drive
$ 615,000
Share Save

3614-3616 Butternut Drive

Loveland, CO, 80538
$ 615,000
Bedrooms-- Baths0.0 Sq 1,859

Monthly Estimate*

$ 3,883

Listed by Real
3614-3616 Butternut Drive, Loveland, CO 80538 - Image 1

Multi-Family Home for sale in Loveland, CO

for $615,000. This 1,859 square foot home was built in 1971 on a lot size of 0.2.

Photos and floorpan is coming. Investment opportunity with a solid rental history and significant recent improvements already completed. This duplex offers two bedrooms, one bath and a one-car garage on each side. One unit is currently vacant and being updated, creating an opportunity for a new owner to place a tenant at current market rent or consider owner occupancy.Unit 3614 features updated kitchen and bathroom areas along with new appliances in 2024. Unit 3616 is currently being improved with a kitchen update designed to match 3614 and new vinyl plank flooring planned. The bathroom has already been updated, and the water heater was replaced last year.Major property improvements include two new furnaces installed in 2023, a new sewer line from the duplex to the main in the backyard, and a roof replaced in 2018. Major tree trimming was also completed last year.Each unit offers a covered patio, garage. The property features a large shared backyard with an irrigation system, providing attractive outdoor space for tenants.With a history as a rental property, one unit available for leasing and numerous capital improvements already addressed, this duplex offers an appealing opportunity to add a residential income property to your portfolio.

See more

Multi-Family Coming Soon

Price

$ 615,000

Property Type

Multi-Family

Taxes

$ 5,257

Style

Lot Size

0.2

Year Built

1971

Town/City

Loveland

County/Region

Larimer

MLS | Web ID

IR1069780

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Cable Available Electricity Available Natural Gas Available
Possession Closing/DOD
Roof Composition
Appliances Dishwasher Microwave Oven Refrigerator
Zoning R3E
Patio/Porch Features Patio
Construction Materials Frame
Exclusions Clothes washer clothes dryer
Year Built 1971
Levels One
Property Subtype Duplex
Tax Year 2025
Ownership Individual
Gross Income 3200
County Larimer
Net Operating Income 25211
Operating Expense 13007
Property Type Residential Income
HOA N
Subdivision Name Sunset Acres
Facing Direction Northeast
Possible Use Multi-Family
Status Coming Soon
Directions Driving on 37th from 287 turn South on Sheridan Ave and turn left (East) on Butternut.Duplex is on the left.ORDriving West on 33rd from 287 turn Right (North) on Sheridan Ave.Take the first right on
High School Loveland
City Loveland
High School District Thompson R2-J
Number Of Units Total 2
Lot Size Square Feet 8757
Listing Terms Cash Conventional FHA VA Loan
Elementary School Lincoln
Tax Annual Amount 5257
Middle/Junior High School Lucile Erwin
Concessions No
Standard Status Coming Soon
Occupancy Type Tenant
Elementary School District Thompson R2-J
Cap Rate 4.1
See more
Interior
Basement Crawl Space
Basement (Y/N) N
Window Features Window Coverings
Laundry Features In Unit
Main Level Bedrooms 0
See more
Exterior
Fencing Fenced
Lot Features Level Sprinklers In Front
Water Source Public
Building Area Total 1859
Lot Size Acres 0.2
Road Surface Type Paved
Road Frontage Type Public
See more
Internal Only
Street Number 1 3614
See more
* Excluded Features
List By
Real

Broker

(970) 227-1327

Phone

Affordability Calculator

$4,321
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,883
Monthly Property Taxes
$438
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
3043547 Elementary School
3043707 Middle School
Loveland High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$615,000 Listed Price

Map


See all

3614-3616 Butternut Drive, Loveland, CO, 80538 is a Multi-Family Home for sale at $615,000 with 1,859 sqft and a lot size of 0.2. 3614-3616 Butternut Drive has 0.0 baths and was built in 1971. The property's zip code is 80538 which is in Loveland, CO