$580,000
Trinidad, CO 81082
- 0.15 Acres
- Las Animas County
- 4 Beds
- 3 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 4243690
- Year Built: 1910
- Lot/Acreage: 0.15
- County: Las Animas
- Neighborhood: Trinidad
Interior Details
- Bedrooms: 4
- Bathrooms: 3
- Appliances: Dishwasher, Refrigerator, Disposal
- Cooling: Evaporative Cooling
- Heating: Baseboard
- Water: City Water
Exterior Details
- Garage: 8
- Roof: Composition
- Sewer: City Sewer, Public Sewer
Description
In addition to the main apartment bldg, there are 4 exterior rented storage units (included in the NOI calculation). One apartment needs additional renovations and another vacant unit (5th unit) also needs additional renovations. The 5th unit can be either leased as an apartment, or with a commercial use (corner unit, main level of the bldg). This property is being sold within a portfolio of 2 other residential rental properties. The "estimated" cost to complete the two vacant units and some miscellaneous work on the bldg is $75,000. All 3 (this one & 2 others) must be bought together. The total combined listing price for the portfolio is $900,000. The projected net operating income for the portfolio is $60,379 resulting in an estimated capitalization rate of approximately 7%.
The MLS numbers on the other two properties are: 3952773 6003582
Location
- Address: 1000 Arizona Ave Trinidad CO 81082
- City: Trinidad
- State: CO
- Zip: 81082
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Listing #401606575 Courtesy of Chad Tyler of Tyler Donegan Duncan Real Estate Services, Inc.. Last Updated: January 4, 2023.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
