Brick 5-Unit Apartment
711 Albany Ave Pueblo, CO 81003
711 Albany Ave, Pueblo, CO, 81003
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For Sale
Contact for pricing
Pending
Well-maintained brick building with four 1-bedroom units plus a basement apartment and attached garage with alley access.
Days on Market102
Property Features for 711 Albany Ave
General Information
- Standard status
- Pending
- Property subtype
- Multifamily
Listing agency
Pasternak Properties
(719) 546-1717
Listed by
Chris Pasternak · License #CO FA.100076659
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 1:14AM Checked: Jul 21 at 6:22AM
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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
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FAQs
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