NOT LISTED FOR SALE

1223 6th St Las Animas, CO 81054

Estimated Value: $194,000 - $208,000

5 Beds
3 Baths
2,090 Sq Ft
$96/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $210,000 $100 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,076/month

Highlights

  • Built in 1930 | Newly Remodeled
  • Newly Painted Property
  • No HOA
  • New Flooring
  • Ranch Style House
  • 3-minute walk to Las Animas Park/Playground

About This Home

As of May 2022

Investment opportunity with a guaranteed income over three years from a corporate tenant! This single story triplex has been remodeled and upgraded from top to bottom and is currently leased to a corporate tenant on a three year lease that generates $1,900 per month with the tenant paying all utilities. Upgrades include a new composition roof, new siding, updated electrical service and wiring throughout, updated PEX plumbing, new electric water heaters, new double pane vinyl windows throughout, and an interior remodel of all three units including flooring, paint, and appliances. The property consists of three single story apartments located under one roof with separate gas and electric meters for each apartment. Unit #1 is a 2 bedroom (one of the bedrooms is generously sized), 1 bath apartment with a GFA furnace. Unit #2 is a 2 bedroom, 1 bath apartment with a GFA furnace, a large living room, and a bonus area. Unit #3 is an efficiency apartment with a living room/bedroom combo and a space heater as the heat source. Each apartment has it's own laundry area with a combo washer/dryer. Separate parking areas are available for each of the units. All of the upgrades make for minimal repairs costs and the rock landscaping makes for easy maintenance. Run the numbers, especially on a property with all of these upgrades, and tell me where you can find another property that offers what this one does...this is a rare opportunity in a market where rentals are in high demand!

Last Agent to Sell the Property

Tina Godfrey

Norm Murphy & Associates Brokerage Email: 7193845551, finance@rma-hub.com License #FA40012904 Listed on: 10/28/2021

Last Buyer's Agent

Tom Brann

Norm Murphy & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1930 | Newly Remodeled

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 82 x 140
  • Landscaped with Trees

Parking

  • No Garage

Home Design

  • Triplex
  • Ranch Style House
  • Side-by-Side
  • Newly Painted Property
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,090 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Window Treatments
  • New Flooring

Kitchen

  • Gas Range
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Basement Cellar

Utilities

  • No Cooling
  • Forced Air Heating System
  • Space Heater
  • Heating System Uses Natural Gas
  • Separate Meters
  • Electric Water Heater

Additional Features

  • Stoop
  • Ground Level

Community Details

  • No Home Owners Association
  • 3 Units
  • Las Animas Subdivision

Listing and Financial Details

  • Exclusions: Tenant's personal property.
  • Total Actual Rent $1,900
  • The owner pays for repairs

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$500

Year Built

Built in 1930 | Newly Remodeled

Lot Details

0

Listing Details

  • Directions: North of Hwy 50 on Cottonwood Avenue to 6th Street, east on 6th Street 1/2 block to property.
  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Lot Size Acres: 0.264
  • Lot Size: 82 x 140
  • Road Surface Type: Paved
  • Subdivision Name: Las Animas
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Side by Side, One Building
  • Year Built: 1930
  • NAV29_Unit_1_Level: M
  • NAV29_Unit_2_Level: M
  • NAV29_Unit_3_Level: M
  • NAV29_Water_Heater: Electric
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: New
  • NAV29_Unit_2_Condition: New
  • NAV29_Unit_3_Condition: New
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: No
  • 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

Interior Features

  • Appliances: Refrigerator-All, Washer-All, Gas Range-All, Dryer-All
  • Interior Amenities: New Paint, Ceiling Fan(s)
  • Has Basement: Unfinished, Storage Only/Cellar, Outside Entrance Only
  • Number Of Buildings: 1
  • Private Spa: No
  • Owner Pays: Repairs
  • Total Bedrooms: 5
  • Fireplace Features: Wood Stove-None, Pellet-None, Gas Log(s)-None, None
  • Fireplace: Yes
  • Flooring: New Floor Coverings
  • Window Features: Vinyl, Double Pane Windows, Window Coverings

Exterior Features

  • Exclusions: Tenant's personal property.
  • Roof: Composition
  • Lot Features: Trees-Front, Trees-Rear, Rock-Front
  • Construction Type: Frame, Wood Siding, Plastic Plumbing
  • Patio And Porch Features: Stoop-Front, Stoop-Rear

Garage/Parking

  • Attached Garage: No
  • Open Parking: No
  • Parking Features: No Garage, No Carport

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air, Space Heater
  • Electric: LasAnimas
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups in All Units
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public
  • Gas Company: BlackHill

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: LA

Lot Info

  • Zoning: R-2
  • Lot Size Sq Ft: 11499.84
  • Additional Parcels: No
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 3
  • Total Actual Rent: 1900
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
May 19, 2022
Sold by
Scott Baylor Jason
Bought by
Sutton Christopher
Seller's Agent
Tina Godfrey
Norm Murphy & Associates
Buyer's Agent
Tom Brann
Norm Murphy & Associates
List Price
$229,900
Sold Price
$210,000
Premium/Discount to List
-$19,900
-8.66%
Current Estimated Value
$199,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,273
Avg. Annual Appreciation
-1.35%
Original Mortgage
$147,000
Outstanding Balance
$138,961
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$60,766

Purchase Details

Listed on
Jul 29, 2020
Closed on
Sep 3, 2020
Sold by
Eck Norman Timothy
Bought by
Baylor Jason Scott and Nelson Michael Dean
Seller's Agent
Tina Godfrey
Norm Murphy & Associates
Buyer's Agent
Tina Godfrey
Norm Murphy & Associates
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.17%
Original Mortgage
$36,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2008
Sold by
Hemphill Dolores A
Bought by
Eck Norman Timothy
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Sutton Christopher -- None Listed On Document
Baylor Jason Scott $45,000 None Available
Eck Norman Timothy $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sutton Christopher $147,000
Previous Owner Baylor Jason Scott $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $210,000 -8.7% $100 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $229,900 +410.9% $110 / Sq Ft
09/03/2020 09/03/20 Sold $45,000 -24.9% $22 / Sq Ft View Prior Sale
07/29/2020 07/29/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $59,900 -- $29 / Sq Ft
Source: Pueblo Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $448 $8,194 $143 $8,051
2023 $890 $8,194 $143 $8,051
2022 $368 $12,000 $210 $11,790
2021 $378 $3,540 $221 $3,319
2020 $254 $2,367 $221 $2,146
2019 $270 $2,367 $221 $2,146
2018 $270 $2,482 $223 $2,259
2017 $272 $2,482 $223 $2,259
2016 $298 $2,734 $246 $2,488
2015 -- $2,734 $246 $2,488
2014 -- $2,734 $246 $2,488
2013 -- $2,734 $246 $2,488
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Pueblo Association of REALTORS®

MLS Number: 197270

Pueblo Association of REALTORS®

APN: 010-09130