3609 Butternut Dr Loveland, CO 80538

This turnkey fourplex offers four spacious units, each with approximately 887 sq. ft. of living space. Units are equipped with through-the-wall air conditioning, private outdoor space, and individually metered electric service paid directly by tenants. Residents also benefit from a large irrigated yard with mature shade trees, an automatic sprinkler system, inviting porches, and generous off-street parking. Each unit is assigned its own driveway parking area with space for two vehicles. An on-site coin-operated laundry room adds resident convenience.

The property has seen recent updates reflecting pride of ownership, including exterior paint completed within the last year and interior paint updates throughout the units within the past few years. Updated flooring has been installed in three of the four units, and one of the two 50-gallon water heaters was replaced within the last year. Units 3609, 3611, and 3613 feature newer luxury vinyl plank flooring and/or carpet.

Located in Loveland, the property is positioned near shopping and public transportation, supporting practical day-to-day accessibility. Current rental income totals $5,440 per month across the four units, with long-term tenants in place. Several residents have expressed interest in renewing their leases, and the seller notes potential for future rent increases. For buyers seeking a well-maintained, turnkey multifamily asset, this fourplex combines tenant appeal, individually metered utilities, and straightforward on-site amenities.