NOT LISTED FOR SALE
10 Beds
6 Baths
4,096 Sq Ft
7,884 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $399,999 $98 Per Sq Ft

Highlights

  • RV Access or Parking
  • Newly Painted Property
  • No HOA
  • New Flooring
  • Lawn
  • Brick or Stone Mason

About This Home

As of February 2020

Multifamily Investors -- Take a look at THE ONLY 6 UNIT AVAILABLE IN THE PUEBLO MARKET! Rents are currently below market but cash flow is still strong yielding a 7.42% cap rate based on the purchase price of $399,999. This is a one decision property -- you make the decision to buy it, then you hold onto it forever. This property will earn you money from day one of your purchase, pay for your kids college tuition, and then pay their kids tuition, and on and on it goes! Owning this 6Plex pays! The present demand for entry level housing is and will continue to be very strong. Take advantage of this incredible opportunity. Prepare your offer before this one gets away!

Last Agent to Sell the Property

Nico Cordova

Resident Realty Listed on: 02/04/2020

Last Buyer's Agent

Nico Cordova

Resident Realty Listed on: 02/04/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,404

Year Built

  • Built in 1958

Lot Details

  • 7,884 Sq Ft Lot
  • Aluminum or Metal Fence
  • Sprinkler System
  • Lawn
  • Property is in good condition

Parking

  • 1 Car Detached Garage
  • RV Access or Parking

Home Design

  • Bi-Level Home
  • Newly Painted Property
  • Brick or Stone Mason
  • Frame Construction
  • Tar and Gravel Roof
  • Copper Plumbing

Interior Spaces

  • 4,096 Sq Ft Home
  • Ceiling Fan
  • Aluminum Window Frames
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • No Kitchen Appliances

Flooring

  • New Flooring
  • Wood Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Bathrooms

Location

  • Lower Level
  • Upper Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Tenant belongings
  • Total Actual Rent $3,400
  • The owner pays for sewer, repairs, water

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • Minnequa Area Subdivision

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,404

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Directions: From I-25, At exit 97A, take ramp right and follow signs for Central Ave, right onto Central Ave, and then immediately turn left onto E Abriendo Ave, Turn right onto Jones Ave
  • Prop. Type: Residential Income
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.181
  • Lot Size: irregular
  • Road Surface Type: Paved
  • Subdivision Name: Minnequa Area
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Bi-Level
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Upper & Lower, One Building
  • Year Built: 1958
  • NAV29_Unit_1_Level: U
  • NAV29_Unit_2_Level: L
  • NAV29_Unit_3_Level: U
  • NAV29_Unit_4_Level: L
  • NAV29_Unit_5_Level: U
  • NAV29_Unit_6_Level: L
  • NAV29_Sep_Gas_Meters: Yes
  • NAV29_Sep_Wtr_Meters: No
  • NAV29_Sep_Elec_Meters: Yes
  • NAV29_Unit_1_Condition: Good
  • NAV29_Unit_2_Condition: Good
  • NAV29_Unit_3_Condition: Good
  • NAV29_Unit_4_Condition: Good
  • NAV29_Unit_5_Condition: Good
  • NAV29_Unit_6_Condition: Good
  • NAV29_Unit_1_Appliances: Yes
  • NAV29_Unit_2_Appliances: Yes
  • NAV29_Unit_3_Appliances: Yes
  • NAV29_Unit_4_Appliances: Yes
  • NAV29_Unit_5_Appliances: Yes
  • NAV29_Unit_6_Appliances: Yes
  • NAV29_Unit_7_Appliances: No
  • NAV29_Unit_8_Appliances: No
  • NAV29_rets_property_type: Residential Income
  • Special Features: None

Interior Features

  • Appliances: Electric Range-Some, Refrigerator-All, Gas Range-Some
  • Interior Amenities: Ceiling Fan(s), New Paint, Cable TV
  • Has Basement: None
  • Number Of Buildings: 1
  • Private Spa: No
  • Owner Pays: Sewer, Repairs, Water
  • Total Bedrooms: 10
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: New Floor Coverings, Hardwood
  • Window Features: Single Pane, Metal

Exterior Features

  • Exclusions: Tenant belongings
  • Roof: Tar/Gravel
  • Fencing: Metal Fence-Rear
  • Lot Features: Rock-Rear, Sprinkler System-Front, Lawn-Front
  • Disclosures: 1
  • Construction Type: Frame, Brick, Copper Plumbing
  • Patio And Porch Features: None

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Open Parking: No
  • Parking Features: 1 Car Garage Detached, RV Access/Parking
  • Total Parking Spaces: 1
  • NAV29_Unit_1_Garage: 1
  • NAV29_Unit_2_Garage: 1
  • NAV29_Unit_3_Garage: 1
  • NAV29_Unit_4_Garage: 1
  • NAV29_Unit_5_Garage: 1
  • NAV29_Unit_6_Garage: 1

Utilities

  • Heating: Natural Gas, Forced Air
  • Electric: BlackHills
  • Sewer: Public Sewer
  • Laundry Features: No Laundry Facilities On Site
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Utilities: Cable Connected
  • 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

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 7884.36
  • Additional Parcels: No
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Lease Term: Month to Month,12 Months

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 3400
  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1404
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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 List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $399,999 0.0% $98 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $399,999 +37.9% $98 / Sq Ft
11/27/2019 11/27/19 Sold $290,000 -3.0% $71 / Sq Ft View Prior Sale
09/18/2019 09/18/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $299,000 +50.6% $73 / Sq Ft
09/30/2013 09/30/13 Sold $198,500 -23.4% $48 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $259,000 -- $63 / 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 $2,127 $21,720 -- --
2023 $2,149 $25,410 $3,020 $22,390
2022 $1,315 $13,240 $1,070 $12,170
2021 $1,379 $13,920 $1,130 $12,790
2020 $1,426 $13,920 $1,130 $12,790
2019 $1,428 $14,144 $591 $13,553
2018 $1,126 $12,424 $595 $11,829
2017 $1,137 $12,424 $595 $11,829
2016 $1,142 $12,564 $658 $11,906
2015 $569 $12,564 $658 $11,906
2014 $544 $11,990 $658 $11,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pueblo Association of REALTORS®

MLS Number: 184385

Pueblo Association of REALTORS®

APN: 1512407013