$400,000
$390,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Douglas Ln #7-9-11 Pueblo, CO 81001
8 Beds
4 Baths
3,842 SqFt
Key Details
Sold Price $400,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,842 sqft
Subdivision Belmont
MLS Listing ID 8757061
Sold Date 03/23/21
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 3,842
Originating Board REcolorado
Year Built 1969
Annual Tax Amount $1,825
Lot Size 10,890 Sqft
Acres 0.25
Property Description
This 4-unit investment opportunity is located in Pueblo's Belmont neighborhood, just minutes to CSU Pueblo, the Pueblo Mall, several restaurants, and easy access to downtown and I-25. All four units have 2Bedrooms and 1Bathroom. Current rents for each unit are $700, $700, $750, and $750/month, so there's opportunity to increase rents. Each unit has its own washer & dryer hookups. Separately metered for gas and electric. Two of the units have new carpet, new flooring, new vanities and new toilets. Big lot with plenty of off-street parking. Current 6.43% CAP Rate with room to raise rents and increase cash flow.
Location
State CO
County Pueblo
Area Out Of Area
Zoning R-5
Interior
Heating Forced Air
Cooling Evaporative Cooling
Appliance Dishwasher, Refrigerator
Exterior
Garage Spaces 6.0
Roof Type Composition
Building
Story 2
Level or Stories Two
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Belmont
Middle Schools Heaton
High Schools East
School District Pueblo City 60
Others
Senior Community false
Special Listing Condition Private Owner
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Bought with NON MLS PARTICIPANT
EWN Real Estate Group