712-714 E 3rd St Pueblo CO 81001

Description

***Fantastic Investment Property in the Heart of Pueblo!*** Seller Financing Available for qualified borrowers, terms negotiable. This property consists of two buildings, one with 4-Units and one with 2-Units, located in the East Pueblo neighborhood of Pueblo, Colorado. The structure was constructed in 1980, providing an opportunity for investors seeking stable rental income in a growing area. The favorable unit mix of two 3 bed/1 bath and four 2 bed/1 bath units are currently occupied, offering immediate cash flow. The demand for rental properties is strong due to its accessibility to key amenities and proximity to employers in the region. This location offers long-term stability for investors looking to capitalize on the area's revitalization. With its income-generating potential, the property presents a solid investment for those looking to diversify their portfolio and take advantage of Pueblo's expanding real estate market. - Potential for value-add opportunities, including interior renovations or common area improvements. - Off-street parking available for residents. - Strong rental demand in East Pueblo with a mix of residential and commercial properties in the area. - Attractive cap rate with opportunity for rent increases and/or renovation for higher rents. - Stable neighborhood with proximity to essential services, schools, parks, and transportation - Strategic location near Downtown Pueblo, offering future growth potential East Pueblo has seen steady growth in recent years, with improvements in infrastructure and increased development around the historic downtown area.