525 7Th StPueblo, CO 81003

This exceptional investment opportunity presents a prime downtown Pueblo property encompassing a thriving 3,135 square foot auto shop and a fully renovated two-bedroom, two-bathroom home. The auto shop, constructed of durable block, boasts three new overhead doors, an additional rear door, two lifts, an office, and a bathroom. Recent upgrades include a new roof, furnace, swamp cooler, interior and exterior paint, and water heater. Currently leased at $2,850 per month, the shop offers significant income potential. The adjacent home, completely remodeled in 2019 and 2023, features updated electrical, plumbing, and mechanical systems, new siding, a stunning kitchen, and bathrooms. Situated on a 6,360 square foot lot, this property enjoys a high-traffic location just two blocks from the Judicial Building and eight blocks from Parkview Medical Center. The property includes two buildings, built in 1938, and offers a strong 7.37% cap rate with a net operating income (NOI) of $55,239 on an asking price of $750,000. This represents an excellent return on investment in a desirable location. The property's two units provide diverse income streams and strong potential for future appreciation. The combination of a well-maintained auto shop and a renovated residential unit makes this a truly unique and lucrative investment opportunity.