Skip To Content

1000 Arizona Avenue

Trinidad, CO 81082
  • $630,000
  • STATUS: Active
  • ON SITE: 143 Days
  • ID#: 6512383
UPDATED: 52 min ago
$630,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,446
    SQFT
  • $183
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Tyler Donegan Duncan Real Estate Services, Inc..

Description

In addition to the main apartment bldg, there are 4 exterior rented storage units (included in the NOI calculation). One apartment needs additional renovations and another vacant unit (5th unit) also needs additional renovations. The 5th unit can be either leased as an apartment, or with a commercial use (corner unit, main level of the bldg). This property is being sold within a portfolio of 2 other residential rental properties. The "estimated" cost to complete the two vacant units and some miscellaneous work on the bldg is $75,000. All 3 (this one & 2 others) must be bought together. The total combined listing price for the portfolio is $900,000. The projected net operating income for the portfolio is $60,379 resulting in an estimated capitalization rate of approximately 7%. The MLS numbers on the other two properties are: 3952773 6003582

Monthly Payment Calculator



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Compass are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.degroodteam.com/homes/127144005
Print Image

1000 Arizona Avenue Trinidad, CO 81082

  • Price: $630,000
  • Status: Active
  • On Site: 143 Days
  • Updated: 52 min ago
  • ID#: 6512383
4
Beds
3
Baths
0
½ Baths
0.15
Acres
3,446
SQFT
$183
$/SQFT
1910
Built
Neighborhood:
Trinidad
County:
Las Animas
Area:
Trinidad
Elementary School:
Las Animas
Middle School:
Las Animas
High School:
Las Animas
School District:
Las Animas Re-1
Property Description
In addition to the main apartment bldg, there are 4 exterior rented storage units (included in the NOI calculation). One apartment needs additional renovations and another vacant unit (5th unit) also needs additional renovations. The 5th unit can be either leased as an apartment, or with a commercial use (corner unit, main level of the bldg). This property is being sold within a portfolio of 2 other residential rental properties. The "estimated" cost to complete the two vacant units and some miscellaneous work on the bldg is $75,000. All 3 (this one & 2 others) must be bought together. The total combined listing price for the portfolio is $900,000. The projected net operating income for the portfolio is $60,379 resulting in an estimated capitalization rate of approximately 7%. The MLS numbers on the other two properties are: 3952773 6003582
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Lighting Garage YN No Lot Features Corner Lot Lot Size Area 0.15 Lot Size Square Feet 6534 Parking Features Concrete Parking Total 8 Roof Composition Structure Type Quadruplex

Interior Features

Appliances CooktopDishwasherElectric Water HeaterDisposalOvenRefrigerator Basement YN No Cooling Evaporative Cooling Heating Baseboard Heating YN Yes Levels Two Living Area Sq Ft 3446

Property Features

Above Grade Finished Area 3446 Association YN No Building Area Source Public Records Construction Materials Stucco Exclusions Personal Property Home Warranty YN No Listing Terms Conventional Ownership Corporation/Trust Property Condition Fixer Property Sub Type Quadruplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 936 Tax Year 2021 Utilities Electricity Connected Water Source Public

REcolorado logo Listing courtesy of Tyler Donegan Duncan Real Estate Services, Inc.:301-370-3611. MLS #6512383


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Compass are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
https://bt-photos.global.ssl.fastly.net/metrolist/orig_boomver_1_6512383-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/orig_boomver_1_6512383-2.jpg https://bt-photos.global.ssl.fastly.net/metrolist/orig_boomver_1_6512383-2.jpg
Logo
The DeGrood Team | Compass
4643 S Ulster St, Suite 500
Denver CO, 80237
REcolorado logo Offered by Tyler Donegan Duncan Real Estate Services, Inc..