5 Douglas Ln #7-9-11, Pueblo, CO 81001

This 4-unit investment opportunity is located in Pueblo's Belmont neighborhood, just minutes to CSU Pueblo, the Pueblo Mall, several restaurants, and easy access to downtown and I-25. All four units have 2Bedrooms and 1Bathroom. Current rents for each unit are $700, $700, $750, and $750/month, so there's opportunity to increase rents. Each unit has its own washer & dryer hookups. Separately metered for gas and electric. Three of the four furnaces were replaced within the last four years and three of the water heaters as well. Only one unit has not been updated and two of the units have new carpet, new flooring, new vanities and new toilets. Big lot with plenty of off-street parking. Current 6.43% CAP Rate with room to raise rents and increase cash flow.