Loveland, CO 80538 3321 Butternut Dr
$500,000
18 more
Presented By: Noble Venture; 9704203021
Beds • 5
Baths • 3
SQFT • 2,147
Home Details
Rents of $3,770 in place with leases until 7/31/26!!! Fantastic investment opportunity! This well maintained Loveland duplex offers two desirable rental units. The property features: 3321 Butternut Dr. - Spacious 3-bedroom, 2-bath unit with an open living area, functional kitchen, and generous bedroom sizes. 3323 Butternut Dr. - Comfortable 2-bedroom, 1-bath plus dedicated office layout, perfect for remote work or guests. Each unit has private entrances, separate utilities, and dedicated parking, providing convenience and privacy for tenants. Located in a quiet neighborhood with easy access to shopping, dining, schools, and major commuter routes. Whether you're expanding your portfolio or starting your real estate investment journey, this property offers immediate cash flow with stable tenants in place. Leased through July 2026. Don't miss this turnkey opportunity in one of Northern Colorado's most sought-after rental markets!
Presented By: Noble Venture; 9704203021
Interior Features for 3321 Butternut Dr
Bedrooms
Total Bedrooms5
Bathrooms
Total Baths3
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
BasementNone
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
General for 3321 Butternut Dr
AccessibilityLevel Lot, Level Drive
AppliancesElectric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer
Architectural StyleRanch
Attached Garage No
Cap Rate7.8
CityLoveland
Construction MaterialsBrick/Brick Veneer
CoolingWall/Window Unit(s), Ceiling Fan(s)
CountyLarimer
ElectricElectric, City of Lovelnd
Elementary SchoolLincoln
ExclusionsTenants personal property
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income45240
HOANo
HeatingForced Air
High SchoolLoveland
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet9819
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
Middle/Junior High SchoolErwin, Lucile
Net Operating Income39019
New ConstructionNo
Number Of Units Total2
Operating Expense6221
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive/Backup
Stories Count1
Subdivision NameSunset Acres
Tax Annual Amount2521
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Year Built1971
ZoningR3E
Exterior for 3321 Butternut Dr
Exterior AmenitiesLighting
FencingFenced, Wood
Horse Y/NNo
Lot FeaturesCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet
Lot Size Acres0.23
Lot Size Area9819
Other ParkingParking Per Unit(1.5 Spaces/Unit)
Road Frontage TypeCity Street
Road Surface TypePaved, Asphalt
SpaNo
Water SourceCity Water, City of Loveland
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Lucile Middle School
Elementary School
Lincoln Elementary School
High School
Loveland High School
