BEDS4
BATHS2
SQUARE FEET2,496
MLS#240608
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONUnion Historical
SCHOOL60
Property Description
Rare investment opportunity in Pueblo at an attractive price point! This unique property includes both a single-family home and a detached cottage, offering immediate cash flow with long-term stability. Both units are occupied by long-term tenants who have remained in place since the property was remodeled in 2024. The larger home features a huge unfinished basement, providing multiple opportunities for additional storage, future finishing, or value-add potential. The owner pays water, while tenants are responsible for electric, gas, and trash, helping keep operating expenses low. Current rental income is $2,788 per month, generating over $33,000 annually. The front unit includes a detached garage, and both units enjoy their own private fenced yards. The rear cottage is accessed through the alley, providing added privacy and convenience. Whether you're looking to expand your portfolio or purchase a turnkey investment property with upside potential, this is a rare chance to acquire a cash-flowing asset in today's market.
Property Features
Property Type: Multi Unit - Multiple
Home Style: Ranch
Lot Size: 0.14 Acres
Taxes: $1,489
Year Built: 1928
Units
Unit 1:
Bedroom(s): 2
Garage: 1
Lease Terms: 12Mo
Level: Main
Rent: $1500.00
Square Footage: 2016
Unit 2:
Bedroom(s): 2
Lease Terms: 12Mo
Level: Main
Rent: $1288.00
Square Footage: 480
Feature Descriptions
Exterior: Paved Street
Interior: New Floor Coverings, New Paint
Lot Dimensions: 125x50
Units: 2
Local Schools
School District: 60
Listed By / Shown By
Listed By
Agency Name: Buy Smart Colorado
Agency Phone: (719)310-8464
Shown By
Agency Title: The Cutting Edge, Realtors
Agency Phone: (719) 999-5067
Estimate Your Payment
Estimated Payment
$ 1,425.83 per month $1,228.97 Principal & Interest $124.08 Property Tax $72.77 Homeowner's Insurance
706 Topeka Ave | MLS# 240608
This multi-family property located at 706 Topeka Ave, Pueblo, CO 81006 is currently listed for sale with an asking price of $249,500. Topeka Ave is located within the 60 school district. Search Pueblo real estate on www.thecuttingedgerealtors.com today.