8 Beds
4 Baths
3,596 SqFt
8 Beds
4 Baths
3,596 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,596 sqft
Price per Sqft $212
Subdivision 22742 - Ridgewood
MLS Listing ID 5369991
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,594
Year Built 1979
Annual Tax Amount $4,223
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Quadruplex
Source recolorado
Property Description
The asset features an increasingly scarce unit mix comprised entirely of spacious two-bedroom residences, offering floorplans that appeal to a broad tenant base including young professionals, roommates, small families, and long-term renters seeking more living space. Offered at pricing below recent comparable sales, 3681 Butternut Drive presents investors with an attractive basis in one of Northern Colorado's strongest rental markets. In addition, the property offers meaningful operational upside through continued rental growth, allowing new ownership to capitalize on below-market rents while benefiting from Loveland's strong population
growth, expanding employment base, and long-term housing demand
Location
State CO
County Larimer
Zoning R3
Interior
Heating Baseboard
Cooling None
Fireplace N
Exterior
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Bi-Level
Structure Type Frame
Schools
Elementary Schools Lincoln
Middle Schools Bill Reed
High Schools Loveland
School District Thompson R2-J
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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