6 Beds
5 Baths
2,470 SqFt
6 Beds
5 Baths
2,470 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $141
Subdivision Eastside
MLS Listing ID 6446028
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,470
Originating Board recolorado
Year Built 1917
Annual Tax Amount $2,436
Tax Year 2024
Property Sub-Type Quadplex
Property Description
- Historic architecture with original charm and character
- Units are currently occupied, offering immediate rental income
- Potential for value-add opportunities, including interior renovations or common area improvements
- Off-street parking available for residents
- Strong rental demand in East Pueblo with a mix of residential and commercial properties in the area
- Attractive cap rate with opportunity for rent increases and/or renovation for higher rents
- Stable neighborhood with proximity to essential services, schools, parks, and transportation
- Strategic location near Downtown Pueblo, offering future growth potential
East Pueblo has seen steady growth in recent years, with improvements in infrastructure and increased development around the historic downtown area. The demand for rental properties is strong due to its accessibility to key amenities and proximity to employers in the region. The property's location offers long-term stability for investors looking to capitalize on the area's revitalization.
This 5-unit property in East Pueblo, CO, offers a rare opportunity to acquire a historically significant asset in a neighborhood with promising growth potential. With its income-generating potential, this property presents a solid investment for those looking to diversify their portfolio and take advantage of Pueblo's expanding real estate market.
Location
State CO
County Pueblo
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Other
Fireplace N
Exterior
Roof Type Architecural Shingle
Total Parking Spaces 5
Garage No
Building
Sewer Community Sewer
Level or Stories Two
Structure Type Frame,Stucco
Schools
Elementary Schools Park View
Middle Schools Risley International
High Schools Centennial
School District Pueblo City 60
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA