3501 Baltimore 3501 Baltimore Ave 4 Unit Apartment Building $752,401 CAD ($188,100 CAD/Unit) 7.29% Cap Rate Pueblo, CO 81008

Cushman & Wakefield is pleased to present 3501 Baltimore Ave, Pueblo, CO 81008, a quadruplex located just off HWY 50 in Northwest Pueblo, CO. This opportunity is primed for an investor looking to benefit from solid, in-place returns as well as reap the reward of continuing to increase rents to market level. 3501 Baltimore Ave is comprised of 4 units and includes a spacious mix of 2-bedroom and 1-bathroom apartments homes with recent renovations and plenty of off-street parking. Units come equipped with washer & dryer hookups as well as a built in wall AC Unit.
The property’s location near HWY 50 offers countless dining and retail options, further enhancing its appeal. Additionally, the adjacency to nearby parks and suburban amenities including Pueblo Country Club, Fairmount Park, and the newly constructed Centennial High School allows new coming residents to feel right at home. 3501 Baltimore Ave is perfectly positioned to capitalize on the high rental demand in the Pueblo market. With recent interior improvements to all units, fresh exterior paint and plenty of other capex improvements, this property is set to offer a prime investment. The allure of this asset is further amplified by the opportunity to enhance operational efficiency through increased rental income, as well as the limited number of performing properties currently available in the market. Current leases are $1150, $1025, $1025 & one vacant unit.