Brick 5-Unit Apartment
For Sale
Contact for pricing
Pending
711 Albany Ave, Pueblo, CO 81003
Well-maintained brick building with four 1-bedroom units plus a basement apartment and attached garage with alley access.
Property SizeContact for details
Days on Market122
Property Features for 711 Albany Ave
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Zoning
B-4
Additional Details
Cap Rate
8.5%
Multifamily Units
5
Listing Agency:
Pasternak Properties
(719) 546-1717
Listed By:
Chris Pasternak · License #CO FA.100076659
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 5:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pasternak Properties
Investment Insights
Based on property information with market context.
Well-maintained brick five-unit apartment building featuring four 1-bedroom, 1-bath units and an additional basement apartment. The property includes an attached one-car garage with alley access, plus one off-street parking spot. An upstairs unit offers balcony views, and coin-operated laundry for all tenants can be used if desired. Recent electrical upgrades include an $18,000 improvement.
In addition to the existing parking, the remarks indicate an opportunity to purchase an adjacent parking lot to add off-street parking or to rent the lot to nearby tenant prospects. The adjacent lot is identified as B-4 zoned, with the potential for broad flexibility, including “73 uses by right,” per the provided information.
In addition to the existing parking, the remarks indicate an opportunity to purchase an adjacent parking lot to add off-street parking or to rent the lot to nearby tenant prospects. The adjacent lot is identified as B-4 zoned, with the potential for broad flexibility, including “73 uses by right,” per the provided information.
Key Highlights
- $50,400 gross income with an 8.5% cap rate
- Well‑maintained brick 5‑unit apartment building with four 1 bed/1 bath units plus a basement apartment
- Attached 1‑car garage with alley access plus 1 off‑street parking spot
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,887
Businesses Nearby
Explore this area
Business Placement
Demographics for 81003, CO
15,169
Population
6,233
Households
2.4
Avg Household Size
38
Median Age
18%
College-Educated
80%
High-School Grad
12.2 sq mi
ZIP Area
1,243
Density / Sq Mi
$43,750
Median Household Income
$33,941
Median Earnings
$847
Median Rent
$178,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained brick building with four 1-bedroom units plus a basement apartment and attached garage with alley access.
Where is this apartment building located?
The property is located at 711 Albany Ave Pueblo, CO.
What are key features of this property?
This property features: $50,400 gross income with an 8.5% cap rate; Well‑maintained brick 5‑unit apartment building with four 1 bed/1 bath units plus a basement apartment; Attached 1‑car garage with alley access plus 1 off‑street parking spot
