608 Baystate Ave, Pueblo, CO 81004
Pueblo County
Key Facts
Description
Turnkey investment opportunity with strong in place income. This remodeled four unit multifamily property is currently generating 4,869 per month in rental income equating to over 58k in annual gross income providing investors with immediate cash flow from day one. The property features a diverse unit mix consisting of two studio units, one 1 bed/1 bath and one 2 bed/2 bath unit, offering broad tenant appeal and helping reduce vacancy risk. Recent updates throughout the units include new floor coverings, fresh interior paint, updated appliances, and attractive white cabinetry, minimizing near-term capital expenditures. Gas service is separately metered, while the owner currently pays water, electric, and trash. The combination of updated interiors, established rental income, and a desirable unit mix makes this an excellent addition to any investment portfolio. Conveniently located near shopping, dining, employment centers, and major transportation routes, this fully leased property offers both immediate income and long term investment potential. Opportunities to acquire a renovated, income producing fourplex at this price point are becoming increasingly difficult to find.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Style
Three+ Story
Year Built
1903
Living Area
2,604 sq ft
Lot Size
0.13 acres
Lot Dimensions
50x116
Ownership
Seller
Zoning
R-3
Days on Market
18
MLS® Listing#
240321
Property Features
Appliances
Heating
Flooring
Basement
Parking
Laundry
Construction
Roof
Windows
Sewer
Water Source
Schools
- District:
- 60
Financial Details
HOA
None
Annual Taxes
$1,460
Parcel Number
1512221017
Directions
From i25 and exit 97a head to central ave right towards state fairgrounds, left on e Evans, right on Baystate, home is on the left.
Affordability Calculator
$79,900
Estimated monthly payment
$2,126/mo
Principal $319,600 · Est. interest $445,870 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Pueblo, CO
- $342,732
- Median Listing Price
- 68
- Median Days on Market
- 1,857
- Median Sq Ft
- $183
- Median Price / Sq Ft
- 1,613
- Active Listings
- This home’s price is 17% above the area median.
- Its price per sq ft is 16% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Pueblo, CO.
Location
Points of Interest in Pueblo, CO
Showing the Pueblo area map.
Nearby Schools
Minnequa Elementary School
Elementary · 0.2 mi away
Bessemer Academy
School · 0.6 mi away
Corwin International Magnet School
Secondary · 0.8 mi away
Columbian Elementary School
Elementary · 0.9 mi away
St John Neumann Catholic School
Elementary · 0.9 mi away
Central High School
Secondary · 1.1 mi away
Pueblo School for Arts & Sciences
Elementary · 1.2 mi away
McClelland School
Secondary · 1.2 mi away
Colorado Center for Metal Arts
Secondary · 1.5 mi away
Heritage Elementary School
Elementary · 1.6 mi away
Goal High School
Secondary · 1.7 mi away
Pueblo School Dist 60
Elementary · 1.7 mi away
Olga A Hellbeck Elementary School
Elementary · 1.7 mi away
Trinity Lutheran School
School · 1.9 mi away
Carlile Elementary School
Elementary · 1.9 mi away
Beulah Heights Elementary School
Elementary · 2.0 mi away
South High School
Secondary · 2.1 mi away
Sunset Park Elementary School
Elementary · 2.2 mi away
St Therese Catholic School
Secondary · 2.2 mi away
Alpha Learning Academy
School · 2.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 311 E Stewart Dr, Pueblo West, CO | $279,900 | 3 | 2 | 1,568 |
| 2110 Rosewood Lane, Pueblo, CO | $279,900 | 4 | 2 | 1,460 |
| 135 Cellini Dr, Pueblo West, CO | $279,900 | 3 | 2 | 1,216 |
| 520 Veta Ave, Pueblo, CO | $279,900 | 4 | 1 | 1,768 |
| 257 S Bailey Drive, Pueblo West, CO | $279,900 | 2 | 2 | 1,056 |
| 535 Cactus St, Pueblo, CO | $279,900 | 4 | 2 | 1,448 |
Moving Cost Estimate
EXIT Agents in Pueblo
Listing Courtesy: Buy Smart Colorado - 7193108464
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.