$220,000
SOLD NOV 4, 2019
8 Beds
4 Baths
2,880 Sq Ft
6,142 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

2% Below List Price

Highlights

  • New Flooring
  • No HOA
  • Double Pane Windows
  • Newly Painted Property
  • Front Porch
  • Cooling Available

About This Home

As of March 2021

ATTN INVESTORS SEEKING MULTIFAMILY INVESTMENT PROPERTY. Take a look at this fourplex located in south-central Pueblo minutes from Pueblo's booming downtown. The building breakdown is four 2 bed, 1 bath units with additional storage in the unfinished basement, plus a four-car detached garage for additional income opportunity. Coin-operated washer and dryer located on-site. The property has one vacancy and is easy to show. The property boasts upside potential as it is located in a rapidly growing area showing double-digit appreciation per annum. At $56,250 per unit, this is a spectacular deal for the value investor. Documents on file include 2018 profit/loss statement and leases currently in place. Please make offers contingent on seeing occupied units act fast before this one gets away!

Last Agent to Sell the Property

Nico Cordova

Resident Realty Listed on: 07/31/2019

Last Buyer's Agent

Nico Cordova

Resident Realty Listed on: 07/31/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $722

Year Built

  • Built in 1924

Lot Details

  • 6,142 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Kennel
  • Landscaped with Trees
  • Property is in average condition

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Newly Painted Property
  • Frame Construction
  • Tar and Gravel Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Electric Range
  • No Kitchen Appliances

Flooring

  • New Flooring
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Front Porch

Location

  • Ground Level
  • Upper Level

Utilities

  • Cooling Available
  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Exclusions: Tenants personal belongings.
  • Total Actual Rent $1,908
  • The owner pays for water

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Central High School Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$722

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Directions: From I-25 exit Northern Ave. to Carteret Ave. Take right on Carteret Ave., the property is located on the left side.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Property Sub Type: Quadruplex
  • Lot Size Acres: 0.141
  • Lot Size: 50 x 125
  • Road Surface Type: Paved
  • Subdivision Name: Central High School
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Upper & Lower
  • Year Built: 1924
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: U
  • NAV29_Unit_4_Level: U
  • NAV29_Water_Heater: Gas
  • NAV29_Energy_Rating: None
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Fair
  • NAV29_Unit_2_Condition: Fair
  • NAV29_Unit_3_Condition: Fair
  • NAV29_Unit_4_Condition: Fair
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: No
  • NAV29_Unit_6_Appliances: No
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Range-All, Refrigerator-All
  • Interior Amenities: New Paint
  • Has Basement: Unfinished
  • Private Spa: No
  • Owner Pays: Water
  • Total Bedrooms: 8
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile, New Floor Coverings
  • Window Features: Double Pane Windows, Vinyl

Exterior Features

  • Exclusions: Tenants personal belongings.
  • Exterior Features: Kennel
  • Roof: Tar/Gravel
  • Lot Features: Trees-Rear, Trees-Front
  • Disclosures: 0
  • Construction Type: Frame, Stucco, Copper Plumbing
  • Patio And Porch Features: Porch-Open-Front

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Open Parking: No
  • Parking Features: 4+ Car Garage Detached
  • Total Parking Spaces: 4
  • NAV29_Unit_1_Garage: 1
  • NAV29_Unit_2_Garage: 1
  • NAV29_Unit_3_Garage: 1
  • NAV29_Unit_4_Garage: 1

Utilities

  • Cooling: Other
  • Heating: Baseboard
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: Laundry Available On Site
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: Xcel

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 60-B

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 6141.96
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: 12 Months

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 1908
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 722

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2021 03/09/21 Sold $345,000 +6.2% $120 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $325,000 +47.7% $113 / Sq Ft
11/04/2019 11/04/19 Sold $220,000 -2.2% $76 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $225,000 -- $78 / Sq Ft
Source: Pueblo Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 181369

Pueblo Association of REALTORS®

APN: 1502417022