Photo 1 of 1 of 1000 Arizona Ave multi-family property

  • Overview

  • Monthly cost

  • Get pre-approved

  • Fees & commissions

  • Related

Save

Off market

Buy a multi-family propertyat 1000 Arizona Ave, Trinidad, CO 81082

$580,000

$0/mo

Get pre-approved

Multifamily

3,446 Sq. Ft.

6,534 Sq. Ft. lot

489 Days on market

4243690 MLS ID

Click to interact

Property position on map

Click the map to interact

About 1000 Arizona Ave multi-family property

In addition to the main apartment bldg, there are 4 exterior rented storage units (included in the NOI calculation). One apartment needs additional renovations and another vacant unit (5th unit) also needs additional renovations. The 5th unit can be either leased as an apartment, or with a commercial use (corner unit, main level of the bldg). This property is being sold within a portfolio of 2 other residential rental properties. The estimated cost to complete the two vacant units and some miscellaneous work on the bldg is $75,000. All 3 (this one & 2 others) must be bought together. The total combined listing price for the portfolio is $900,000. The projected net operating income for the portfolio is $60,379 resulting in an estimated capitalization rate of approximately 7%. The MLS numbers on the other two properties are: 3952773 6003582
In addition to the main apartment bldg, there are 4 exterior rented storage units (included in the NOI calculation). One apartment needs additional renovations and another vacant unit (5th unit) also needs additional renovations. The 5th unit can be either leased as an apartment, or with a commercial use (corner unit, main level of the bldg). This property is being sold within a portfolio of 2 other residential rental properties. The estimated cost to complete the two vacant units and some miscellaneous work on the bldg is $75,000. All 3 (this one & 2 others) must be bought together. The total combined listing price for the portfolio is $900,000. The projected net operating income for the portfolio is $60,379 resulting in an estimated capitalization rate of approximately 7%. The MLS numbers on the other two properties are: 3952773 6003582

Property details

House

Above Grade Finished Area: 3446

Building Area Total: 3446

Construction Materials: "Stucco"

Total Sq Ft: 3446

Levels: "Two"

Living Area: 3446

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Year Built: 1910

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator", "Disposal"

Bathrooms

Bathrooms Total Integer: 3

Bedrooms

Bedrooms Total: 4

Location

City: Trinidad

Country: US

County Or Parish: Las Animas

Locale: Trinidad

Latitude: 37.178509

Longitude: -104.508614

MLS Area Major: Out of Area

Postal Code: 81082

State Or Province: CO

Street Name: Arizona

Street Number: 1000

Street Suffix: Ave

Subdivision Name: Trinidad

Unparsed Address: 1000 Arizona Ave Trinidad CO 81082

Cooling

Cooling: "Evaporative Cooling"

Cooling YN: t

Garage

Covered Spaces: 8

Garage Spaces: 8

Garage YN: t

Garage Type: Off Street

Utilities

Electric: "Electric", "Separate Meter Electricity"

Utilities: "Electricity Available"

Schools

Elementary School: Las Animas

High School: Las Animas

High School District: Las Animas RE-1

Middle Or Junior School: Las Animas

Income

Gross Income: 100800

Net Operating Income: 71264

Heating

Heating: "Baseboard"

Heating YN: t

Property

Crops: None

Property Attached YN: t

Property Condition: "Fixer", "Not New, Previously Owned"

Property Sub Type: Attached Dwelling

Property Type: Residential Income

Taxes

Has Metro Tax District: No

Tax Annual Amount: 936

Tax Year: 2021

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 168.31

Listing Id: 4243690

Listing Terms: "Conventional"

List Price: 580000

Mls Status: Active

Number Of Units Total: 4

Standard Status: Active

Lot

Lot Features: "Corner Lot"

Lot Size Acres: 0.15

Lot Size Area: 6534

Lot Size Square Feet: 6534

Lot Size Units: Square Feet

Expenses

Operating Expense: 29536

Parking

Other Parking: Parking Per Unit(2 Spaces/Unit)

Tenant Pays

Tenant Pays: "Electricity"

Monthly cost

Estimated monthly cost

$3,575/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$545,200

+$17,400

$562,600

Seller agent commission$17,400 (3%)*

$0 (0%)

Buyer agent commission$17,400 (3%)*

$17,400 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $17,400 more selling your home
with an Unreal Estate agent

Start free MLS listing
View related pages

State

  • Mobile Homes for sale in Colorado
  • Real Estate for Sale in Colorado

Unreal Estate checked: Apr 22, 2024 at 12:25 p.m.

Data updated: Mar 16, 2023 at 8:45 p.m.

Courtesy of Chad Tyler, Tyler Donegan Duncan Real Estate Services, Inc.
This content last updated on 03/16/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

Learn more about this property

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from unrealestate.com and others about your inquiry and other home related matters, but not as a condition of any purchase.

Properties near 1000 Arizona Ave

View Trinidad, CO 81082 house

$295,000

261 days ago

4 Beds · 2 Baths · 2,886 Sq. Ft.

200 E White Ave
Trinidad, CO 81082

987849 MLS ID

View Trinidad, CO 81082 house

$310,000

347 days ago

4 Beds · 2 Baths · 2,886 Sq. Ft.

200 E White Ave
Trinidad, CO 81082

8144466 MLS ID

View Trinidad, CO 81082 house

$424,900

301 days ago

4 Beds · 3 Baths · 3,421 Sq. Ft.

720 Pine Street
Trinidad, CO 81082

7735842 MLS ID

Courtesy of Code of the West Real Estate
View Trinidad, CO 81082 house

$310,000

347 days ago

4 Beds · 2 Baths · 2,886 Sq. Ft.

200 E White Avenue
Trinidad, CO 81082

8144466 MLS ID

Courtesy of HomeSmart Realty Kimberlysellsco@gmail.com
Unreal Estate stacked logo

info@unrealestate.com

(866) 534-3726

About

BuySellMortgageAgentsCompany

Resources

Find a HomeGet Listed on the MLSBlogSubmit an OfferRequest a ShowingFeedback

Legal

Terms of ServicePrivacy PolicyLicenses & Disclosures

Updated January 2023: By using this website, you agree to our Terms of Service, and Privacy Policy.

⁠Unreal Estate holds real estate brokerage licenses under the following names in multiple states and locations:
Unreal Estate LLC (f/k/a USRealty.com, LLP)
Unreal Estate LLC (f/k/a USRealty Brokerage Solutions, LLP)
Unreal Estate Brokerage LLC
Unreal Estate Inc. (f/k/a Abode Technologies, Inc. (dba USRealty.com))
Main Office Location: 1500 Conrad Weiser Parkway, Womelsdorf, PA  19567
California DRE #01527504
New York § 442-H Standard Operating Procedures
TREC: Info About Brokerage Services, Consumer Protection Notice

UNREAL ESTATE IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT.

If you are using a screen reader, or having trouble reading this website, please call Unreal Estate Customer Support for help at 1-866-534-3726 
Open Monday – Friday 9:00 – 5:00 EST with the exception of holidays.

*See Terms of Service for details.

LinkedIn Social IconInstagram social iconFacebook social icontwitter social iconYoutube Social Icon

© 2023 Unreal Estate Inc. All Rights Reserved.

Unreal Estate certified trust badge
LinkedIn Social IconInstagram social iconFacebook social icontwitter social iconYoutube Social Icon