706 Topeka Ave, Pueblo, CO 81006
- $249,500
- 4
- BD
- 2
- BA
- List Price
- $249,500
- Status
- ACTIVE
- MLS#
- 240608
- Subtype
- Residential Income
- Style
- Ranch
- Year Built
- 1928
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- Central High School
- MLS Area Major
- South
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.
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Additional Information
- Interior Features
- New Paint
- Taxes
- $1,489
- Property Description
- Ranch
- Zoning
- R-4
- Flooring
- New Floor Covering
- Heating
- Electric, Baseboard
- Roof
- Composition
- Garage Spaces
- 1
- School District
- 60
Courtesy of Buy Smart Colorado .