Property Details

TITLE:
Investment Property for Sale or trade
CONTROL:
Owner
VALUE:
$275,000
LOAN:
$0
EQUITY:
$275,000
TYPE:
Multi-Family
HAVE:
Pueblo CO near downtown fully remodel Duplex investment opportunity. Front unit is a 2 bed, 1.5 bath w/1 car garage Back unit is a 1bed,1 bath w/a large outdoor storage unit Property market rents are $900 for 1-1 and $1500 for 2-1.5 w/garage.
ADDRESS:
306 and 306-1/2 E 2nd Street, Pueblo, Colorado
GROSS SCHEDULED INCOME:
$28,000 Projected
VACANCY LOSS:
$2,400
GROSS EFFECTIVE INCOME:
$25,600
EXPENSES:
$1,500
NOI:
$24,100
DEBT SERVICE:
$0
CASH FLOW:
$24,100
CAP RATE:
8.76%
REMARKS:
Both units fully renovated. New kitchens, bathrooms, electric and plumbing. School Bus route and stop at property. Centrally located. Near I25 entrance/exit.
COUNSELOR:
Pablo Kahan
Elements Investments, LLC
200 S. Wilcox Street #110
Castle Rock, Colorado, 80104
Cell: 303-993-9594