1221 E Abriendo new to site Save Request In-Person Tour Request Virtual Tour
Pueblo,CO 81004
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,551 sqft
Price per Sqft $145
Subdivision Central High School
MLS Listing ID 8472496
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 1,551
Originating Board recolorado
Year Built 1900
Annual Tax Amount $1,054
Tax Year 2024
Property Sub-Type Duplex
Property Description
Located at 1221 Abriendo Ave in Pueblo, CO, this duplex presents a prime value-add investment opportunity. With two separate units and below-market rents, the property offers a solid foundation for investors seeking to maximize returns through strategic renovations and improvements. Situated in a growing area with easy access to essential amenities, the duplex is an attractive rental option with strong upside potential. Pueblo has experienced consistent growth in recent years, and the Abriendo Avenue area is well-positioned for long-term rental investments. With a stable local economy and increasing real estate development, this property stands to benefit from ongoing rental demand, offering substantial future growth potential after targeted improvements.
- 2-unit property with individual living spaces for each tenant
- Off-street parking for residents
- Separate utilities for each unit, offering reduced operational costs for the owner
- Private outdoor space for each unit
- **Value-Add Potential:** The property offers a significant opportunity for renovation and modernization, both inside and out, to increase rental income potential and overall property value.
- **Rental Income Upside:** Current rents are below market value, providing an immediate opportunity for rent increases after improvements.
- **Location:** Situated near key amenities such as schools, parks, shopping centers, and transportation routes, increasing the property's desirability among renters.
- **Strong Demand:** Pueblo's rental market is experiencing growth, driven by an increasing demand for affordable housing in central locations.
Location
State CO
County Pueblo
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Other
Fireplace N
Exterior
Roof Type Architecural Shingle
Total Parking Spaces 2
Garage No
Building
Sewer Community Sewer
Level or Stories Two
Structure Type Concrete
Schools
Elementary Schools Bessemer
Middle Schools Roncalli
High Schools Central
School District Pueblo City 60
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition None