$529,000
$545,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,584 SqFt
SOLD DATE : 08/28/2023
Key Details
Sold Price $529,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,584 sqft
Subdivision Belmont
MLS Listing ID 3411863
Sold Date 08/28/23
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,584
Originating Board REcolorado
Year Built 1979
Annual Tax Amount $1,527
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Nicely maintained and upgraded 4 plex in a great location- just 5 minutes to CSU Pueblo and 5 minutes to the Pueblo Mall (Target, Grocery Stores, Shops and Restaurants), plus quick access to Highway 25. This is a Turn Key property that has the potential to increase rents to market rate to improve cash flow. Plus, at $160 per square foot, these are priced well below their replacement cost. Property has professional Property Management in place, which can be transitioned to the new owner, for a worry free investment. Tenants pay Gas and Electric, Owners pay Water, Sewer and Trash. See documents for list of recent improvements and pro forma financial projection. Seller is also selling an identical 4 plex next door (20 Montebello Road).
Location
State CO
County Pueblo
Area Out Of Area
Direction From HWY 25, go East on HWY 47, South on Jerry Murphy Rd, West on Montebello Road, property is on the South side of the street.
Interior
Heating Forced Air
Cooling Central Air
Appliance Dishwasher, Refrigerator
Exterior
Garage Spaces 12.0
Utilities Available Electricity Available
Waterfront false
Roof Type Fiberglass
Building
Story 2
Foundation Slab
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Belmont
Middle Schools Heaton
High Schools East
School District Pueblo City 60
Others
Senior Community false
SqFt Source Assessor
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States