$350,000
$359,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
3,876 SqFt
SOLD DATE : 05/19/2020
Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,876 sqft
Subdivision Belmont
MLS Listing ID 7039546
Sold Date 05/19/20
Bedrooms 2
HOA Y/N false
Abv Grd Liv Area 3,876
Originating Board REcolorado
Year Built 1999
Annual Tax Amount $1,847
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Terrific investment opportunity! Located in Pueblo's Belmont neighborhood, this 4-unit apartment building is just minutes to CSU Pueblo, the Pueblo Mall, several restaurants, and within easy access to downtown and I-25. Four 2Bed/1Bath townhouse style units. Current rents for each unit are $650, $790, $790, and $700/month. Big bonus - each unit has central AC and its own washer & dryer hookups. Separately metered for gas and electric. New hot water heater in unit #3 and two bathrooms have recently been remodeled. Plenty of off-street parking. Current 6.96% CAP Rate with room to raise rents. Proforma 8.13% CAP Rate.
Location
State CO
County Pueblo
Area Out Of Area
Zoning R-5
Interior
Heating Forced Air
Cooling Central Air
Appliance Dishwasher, Refrigerator
Exterior
Garage Spaces 4.0
Waterfront false
Roof Type Fiberglass
Porch Patio
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame,Vinyl Siding
New Construction false
Schools
Elementary Schools Franklin
Middle Schools Heaton
High Schools East
School District Pueblo City 60
Others
Senior Community false
SqFt Source Assessor
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Bought with Kentwood Real Estate Cherry Creek
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