Additional details
$499,000
Est. payment /mo
4,258 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,258 sqft
Price per Sqft $117
MLS Listing ID 7234419
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,588
Tax Year 2024
Lot Size 0.327 Acres
Acres 0.33
Property Sub-Type Multi Family
Source recolorado
Property Description
Excellent investment opportunity in the heart of Pueblo! This fully occupied 5-unit multifamily property at 222–224 Colorado Ave offers immediate cash flow and long-term upside. Located in a strong rental corridor with convenient access to downtown, shopping, dining, and major thoroughfares, this property is ideal for both seasoned investors and those looking to expand their portfolio.
The building features a basement with free washer and dryer for tenant use, adding convenience and value for residents. Recent capital improvements include a new sewer line and newly poured cement in the rear, enhancing functionality and reducing future maintenance concerns.
With consistent rental income already in place, this asset provides an excellent opportunity to offset income through depreciation and other tax advantages while benefiting from steady rental demand in a growing market.
Don't miss this rare chance to acquire a fully leased multifamily investment in a prime Pueblo location.
The building features a basement with free washer and dryer for tenant use, adding convenience and value for residents. Recent capital improvements include a new sewer line and newly poured cement in the rear, enhancing functionality and reducing future maintenance concerns.
With consistent rental income already in place, this asset provides an excellent opportunity to offset income through depreciation and other tax advantages while benefiting from steady rental demand in a growing market.
Don't miss this rare chance to acquire a fully leased multifamily investment in a prime Pueblo location.
Location
State CO
County Pueblo
Zoning R-5
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Long Realty & Property Management, LLC
Nearby School & Business
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