Turnkey, Cash-flowing 4-plex offering immediate day-one income with 100% occupancy and strong in-place rents. This is a rare opportunity to acquire a fully stabilized, high-yield multifamily asset requiring minimal management. Three out of the four units have been fully renovated, including all new full kitchens, plumbing updates, all new fixtures, new LVP flooring, fresh paint, new doors, all new stainless-steel appliances, AC units, recently roofed with all new under decking -permitted, Plus updated bathrooms. All four units are rented at $1,275 monthly with tenants paying for gas and electricity which creates an efficient, low-expensive operating structure. All tenants have been professionally screened and are in a 1-year lease. This wonderful property is also set up for passive ownership, with a maintenance person already in place, making it ideal for out-of-state or hands off investors. Investment Highlights are: 9.35% cap rate, 100% Occupied, Day-one-cash flow, remaining value opportunity (1unit). -Buy today -Cash Flow tomorrow -Own from anywhere!
Listed By
Agency Name: Picket Fence Real Estate, LLC
Agency Phone: (720)203-3656
Shown By
Agent Name: Cori Cutler
Agent Phone: (719) 287-3320
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 3,260.83 per month $2,881.06 Principal & Interest $209.17 Property Tax $170.60 Homeowner's Insurance
5 Douglas Lane | MLS# 239143
This multi-family property located at 5 Douglas Lane, Pueblo, CO 81001 is currently listed for sale with an asking price of $584,900. Douglas Lane is located within the 60 school district. Search Pueblo real estate on www.coricutlerhomes.com today.