222 Colorado AVE #224, Pueblo, CO 81004
$499,000
Est. payment /mo
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4,258 SqFt
Active

222 Colorado AVE #224 Pueblo, CO 81004

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Steve Prewitt - Investing In Colorado Real Estate

Steve Prewitt - Investing In Colorado Real Estate

+1(719) 439-0241

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,258 sqft

Price per Sqft $117

MLS Listing ID 7234419

HOA Y/N No

Year Built 1900

Annual Tax Amount $2,588

Tax Year 2024

Lot Size 0.327 Acres

Acres 0.33

Property Sub-Type Multi Family

Source recolorado

Property Description

Excellent investment opportunity in the heart of Pueblo! This fully occupied 5-unit multifamily property at 222–224 Colorado Ave offers immediate cash flow and long-term upside. Located in a strong rental corridor with convenient access to downtown, shopping, dining, and major thoroughfares, this property is ideal for both seasoned investors and those looking to expand their portfolio.

The building features a basement with free washer and dryer for tenant use, adding convenience and value for residents. Recent capital improvements include a new sewer line and newly poured cement in the rear, enhancing functionality and reducing future maintenance concerns.

With consistent rental income already in place, this asset provides an excellent opportunity to offset income through depreciation and other tax advantages while benefiting from steady rental demand in a growing market.

Don't miss this rare chance to acquire a fully leased multifamily investment in a prime Pueblo location.

Location

State CO

County Pueblo

Zoning R-5

Interior

Fireplace N

Exterior

Exterior Feature Balcony

Roof Type Shingle

Total Parking Spaces 5

Garage No

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


REColorado (REColorado MLS)
Listed by Long Realty & Property Management, LLC

NEARBY SCHOOL & BUSINESS

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Steve Prewitt - Investing In Colorado Real Estate

Steve Prewitt - Investing In Colorado Real Estate

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+1(719) 439-0241

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222 Colorado AVE #224