Updated Fourplex Income
417 W 3rd Street Trinidad, CO 81082
417 W 3rd Street, Trinidad, CO, 81082
$525,000
For Sale
$525,000
Fully leased fourplex with four occupied 1-bedroom, 1-bath units and major recent permitted upgrades.
Property Size3,700 SF
Lot Size0.31 Acres
Price / SF$141.89
Days on Market52
Property Features for 417 W 3rd Street
General Information
- Standard status
- Active
- Size
- 3,700 SF
- Lot size
- 0.31 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1908
Listing agency
HomeSmart Realty
(720) 231-9054
Listed by
H Gregory Cicciu · License #100084167
(720) 231-9054
Source
Exitrealty
Added: May 31 Updated: Jul 20 at 5:02PM Checked: Jul 21 at 4:54AM
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Investment Insights
Based on property information with market context.
This fully leased fourplex features four occupied 1-bedroom, 1-bath units. Built in 1908, the property combines historic character with extensive infrastructure and interior updates, including permitted electrical systems, permitted plumbing upgrades throughout, a new sewer line, four remodeled bathrooms, an updated kitchen in Unit 4, refinished hardwood floors, and 13 replacement windows.
The property is situated on a 0.31-acre lot near downtown Trinidad, with proximity to shopping, restaurants, schools, and public transportation. The setting includes mountain and city views and mature trees.
With all units currently under lease and generating gross annual rental income, the property offers immediate cash flow backed by recent capital improvements.
The property is situated on a 0.31-acre lot near downtown Trinidad, with proximity to shopping, restaurants, schools, and public transportation. The setting includes mountain and city views and mature trees.
With all units currently under lease and generating gross annual rental income, the property offers immediate cash flow backed by recent capital improvements.
Key Highlights
- Fully leased fourplex generating $48,000 in gross annual rental income with all four units currently occupied.
- Four 1‑bedroom, 1‑bath units in the building.
- Extensive permitted upgrades within the last two years: new electrical systems, permitted plumbing upgrades, and a new sewer line.
Property Analytics
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FAQs
What type of property is this?
Quadplex - Fully leased fourplex with four occupied 1-bedroom, 1-bath units and major recent permitted upgrades.
Where is this quadplex located?
The property is located at 417 W 3rd Street Trinidad, CO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Fully leased fourplex generating $48,000 in gross annual rental income with all four units currently occupied.; Four 1‑bedroom, 1‑bath units in the building.; Extensive permitted upgrades within the last two years: new electrical systems, permitted plumbing upgrades, and a new sewer line.
