Paul and Andrea Kohlman
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1516 E Routt Ave, Pueblo, CO 81004

$189,900
  • 1516 E Routt Ave, Pueblo, CO 81004 Main Photo

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New to the Market Active
BEDS1 BATHS2 SQUARE FEET732 MLS#237268
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMinnequa Area SCHOOL60

Property Description

Presenting a rare investment opportunity featuring a beautifully remodeled investment property accompanied by a fully renovated cottage. Both designed to deliver strong, stable rental income with secured 24 month lease terms in place. Each unit has undergone extensive upgrades within the past year, showcasing modern LVP flooring, fresh interior and exterior paint, new roof, updated countertops, brand new cabinetry, and upgraded appliances; creating a turnkey asset with minimal deferred maintenance. Both residences offer private fenced yards- an increasingly south after amenity that enhances tenant satisfaction and long term retention. The thoughtful renovations and functional layouts position these units at the top of their respective rental markets, attracting quality tenants and supporting consistent occupancy. This is a truly exceptional income producing property offering an unmatched cap rate and immediate cash flow, making it an ideal addition to any investors portfolio seeking both performance and stability.

1516 E Routt Ave | MLS# 237268

This multi-family property located at 1516 E Routt Ave, Pueblo, CO 81004 is currently listed for sale with an asking price of $189,900. E Routt Ave is located within the 60 school district. Search Pueblo real estate on www.thekohlmans.com today.

Property Features

Property Type: Multi Unit - Multiple
Home Style: Ranch
Lot Size: 0.14 Acres
Taxes: $875
Year Built: 1947

Units

Unit 1:
Bedroom(s): 1
Lease Terms: 12+
Level: Main
Rent: $1450.00
Square Footage: 538
Unit 2:
Lease Terms: 12+
Level: Main
Rent: $845.00
Square Footage: 200

Feature Descriptions

Days on Site: 4
Exterior: Paved Street, Accessory Dwelling
Interior: New Floor Coverings, New Paint
Lot Dimensions: 50x125
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

Agent Name: Paul and Andrea Kohlman
Agent Phone: (719) 494-9144
Agency Title: The Cutting Edge, Realtors

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Estimated Payment

$ 1,063.70 per month $935.40 Principal & Interest $72.92 Property Tax $55.39 Homeowner's Insurance

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Contact Laura Hemsworth & Lisa Ramsey Today! Phone: (719) 505-5561 Email: Laura@LoansWithMilestone.com

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