$585,000
For Sale

1111 Arroyo

Pueblo, CO 81004
3744 sqft | 8 beds | 0.14 acres | #6954021
Listing OfficeCushman & Wakefield
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Cushman & Wakefield is pleased to present 1111-1113 Arroyo Ave, a 4-unit multifamily property in an investor friendly neighborhood in Pueblo CO. The property consists of four 2 bed/1 bath units each boasting over 900+SF. Each unit offers spacious living and kitchen areas, one of the units features a rear entrance and patio area in the back of the building. All units offer large bedrooms and bathrooms, paired with modern touches and comfortable layouts. The property features washer & dryer hookups in each unit.
All units are individually metered for gas and electric and the owner bills back the tenants for the water/sewer usage. The property has had all four units renovated within the last 2 years to include new LVP flooring, fresh paint, updated lighting, and kitchen & bathroom improvements. Potential buyers have the operational value add of getting all units up to market rent and continuing property improvements.
Its prime location, nearby Mesa Junction, The Pueblo Library, Downtown Pueblo, and many dining & retail centers provides a strong foundation for attracting and retaining quality long-term tenants.
Investment Highlights: -Tenants pay all utilities -Great unit mix with room for rent growth as leases turn-
Please call or text Lee Wagner at 417-459-2155 with any questions or inquiries.

  • Property Details
      • School DistrictPueblo City 60
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Structure TypeQuadruplex
      • SubdivisionBessemer
      • Elementary SchoolBessemer
      • Middle SchoolRoncalli
      • Original List Price$585,000
      • Property SubtypeQuadplex
      • High SchoolCentral
      • MLS #6954021
      • MLS #6954021
      • CountyPueblo
      • Taxes Annual$2,188
      • Cost585000
      • Acres0.14
      • Square Feet3744
      • Year Built1971
      • Bedrooms8

Location

Mark R Steinbach | Peace of the RockiesReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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