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$ 890,000
Est. payment | /mo
7,405 Sqft Lot
$ 890,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9555896
HOA Y/N No
Originating Board recolorado
Year Built 1965
Annual Tax Amount $4,508
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Multi Family
Property Description
Cushman & Wakefield is pleased to present the opportunity to acquire a well-located 10-unit multifamily property in Pueblo, Colorado, offering immediate and long-term value-add potential. Situated just minutes from Downtown Pueblo, this property is positioned in a highly desirable area that attracts tenants seeking both convenience and an active lifestyle. The property features a mix of functional studio layouts 634 SF and a spacious two-bedroom unit with outdoor space, which is currently under-rented, offering significant upside potential for increased income. With long-term tenants in place, the property offers a stable cash flow and presents a prime opportunity for a new owner to implement operational value-add strategies. Notable improvements have already been made to the property, including the installation of a new boiler, updated double-pane vinyl windows, and ongoing unit renovations. These upgrades enhance both the property's efficiency and appeal to tenants. Additional amenities include off-street parking and an onsite coin-operated laundry facility. This investment opportunity offers a strong base for continued growth, with potential for rent increases and further operational efficiencies. The desirable location combined with a solid physical asset makes this an excellent opportunity for investors seeking long-term value in a growing market.
Location
State CO
County Pueblo
Zoning R5
Interior
Fireplace N
Exterior
Roof Type Cement Shake
Total Parking Spaces 16
Garage No
Building
Sewer Community Sewer
Structure Type Brick
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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 Cushman & Wakefield • [email protected],719-238-9074