1111 Arroyo Active

Pueblo,CO 81004

$ 585000

8 Beds

4 Baths

3744 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,744 sqft

Price per Sqft $156

Subdivision Bessemer

MLS Listing ID 6954021

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,744

Originating Board recolorado

Year Built 1971

Annual Tax Amount $2,188

Tax Year 2023

Lot Size 6,098 Sqft

Acres 0.14

Property 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.

Location

State CO

County Pueblo

Interior

Heating Forced Air

Cooling Evaporative Cooling

Fireplace N

Laundry In Unit

Exterior

Fence Partial

Roof Type Architecural Shingle

Garage No

Building

Sewer Public Sewer

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Bessemer

Middle Schools Roncalli

High Schools Central

School District Pueblo City 60

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,Other,VA Loan

Special Listing Condition None

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