1427 E Evans Ave Pueblo, CO 81004

Listing details for 1427 E Evans Ave, Pueblo, CO 81004 : INCOME PRODUCING PROPERTY WITH A 10% CAP RATE. TWO BUILDINGS, ELEVEN UNITS. RENT ROLL AND INCOME AND EXPENSE STATEMENT ARE AVAILABLE. 100% OCCUPIED WITH A GOOD RENTAL HISTORY. MANY RECENT UPGRADES INCLUDING A NEW BOILER IN ONE OF THE BUILDINGS, WATER HEATERS, ROOF AND EXTERIOR STUCCO AND PAINT. SOME OF THE UNITS HAVE BEEN UPDATED. THERE IS AN ON SITE LAUNDRY FACILITY. EACH UNIT HAS IT'S OWN ELECTRIC METER SINCE HEAT IS ELECTRIC. WATER AND GAS ARE PAID FOR BY OWNER. THERE IS PLENTY OF PARKING ON THE STREET AND ALSO IN BACK OFF THE ALLEY. ONE UNIT IS TWO BEDS, ONE IS A STUDIO, AND THE REST ARE ONE BEDROOM. NET CASH FLOW FOR 2015 WAS $24,249.24 AFTER SUBSTANTIAL IMPROVEMENTS WERE MADE AND INCLUDING A MORTGAGE PAYMENT. A must-see Visual Tour is attached to this listing.