1516 Routt Ave, Pueblo, CO 81004
1516 Routt Ave, Pueblo, CO 81004
1516 Routt Ave, Pueblo, CO 81004
1516 Routt Ave, Pueblo, CO 81004
1516 Routt Ave, Pueblo, CO 81004
1516 Routt Ave, Pueblo, CO 81004
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Rita Sais

Rita Sais

+1(719) 553-8382
$ 169,500
Est. payment | /mo

2 Beds

2 Baths

744 SqFt

Save
$ 169,500
Est. payment | /mo
Save

2 Beds

2 Baths

744 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 744 sqft

Price per Sqft $227

Subdivision Minnequa Area

MLS Listing ID 243081

Style Ranch

Bedrooms 2

Year Built 1947

Annual Tax Amount $875

Lot Size 6,098 Sqft

Property Sub-Type Duplex

Property Description

An outstanding opportunity to acquire a remodeled, income producing property featuring two separate dwellings at an incredible value! With established long term tenants already in place, this property offers immediate rental income and cash flow from day one. Tenants are responsible for all utilities, helping minimize oerating expenses and maximize investment returns. The property features a charming one bedroom home in the front and a detached cottage in the rear, providing two distinct rental units and multiple income streams. Recent improvements add to the property's appeal, while a competitive capitalization rate makes this an attractive addition to any investment portfolio. Priced significantly below appraised value for a quick sale, this is a rare opportunity to secure a cash flowing asset with built in value from the start. Whether you're expanding your rental portfolio or seeking your next investment, this property offers an exceptional combination of affordability, income potential, and long term value.

Location

State CO

County El Paso

Area South

Zoning R-3

Interior

Interior Features None

Heating Electric, Baseboard

Fireplaces Type None

Fireplace No

Appliance Refrigerator-All, Gas Range-Some, Electric Range-Some

Laundry W/D Hookups in Some Units

Exterior

Exterior Feature See Remarks

Parking Features On Site

View Y/N No

Roof Type Composition

Garage No

Private Pool No

Building

Sewer Public Sewer

Water Public

Schools

School District 60

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Caleb Skelton Buy Smart Colorado

Nearby Locations

Rita Sais

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(719) 553-8382

soldbysais@gmail.com

327 1/2 S Union Ave, Pueblo, CO 81003

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1516 Routt Ave