425 W 12th St, Pueblo, CO 81003

Property Description

Cash Flowing Triplex! Exceeds the 10% cap rate rule! Main unit currently rented for $1025 (long term tenant has been there 3 years), Upper unit rented for $965 (long term tenant has been there 13 years), Studio apartment in the back is fully remodeled and currently vacant but seller reserves the right to fill the unit. Anticipated total rent - $2680!! (landlord pays all utilities). The upper and lower units are both 1 bedroom, 1 bath, large living room and kitchen units. The back unit is an efficiency studio. There is also a storage garage out back that is currently not in use but could be fixed up and rented out for extra income. The electrical panel was just replaced ready for listing! This Triplex is priced to sell so move on it quick!