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2 Beds
2 Baths
744 sqft

$169,500

1516 E Routt Ave, Pueblo CO, 81004

Price per sqft$227.82
Built in1947
Property size744 sqft
Property typeMulti-family

Overview

Active

Listed Nov 4, 2026

Updated 2 days ago

An outstanding opportunity to acquire a remodeled, income producing property featuring two separate dwellings at an incredible value! With established long term tenants already in place, this property offers immediate rental income and cash flow from day one. Tenants are responsible for all utilities, helping minimize oerating expenses and maximize investment returns. The property features a charming one bedroom home in the front and a detached cottage in the rear, providing two distinct rental units and multiple income streams. Recent improvements add to the property's appeal, while a competitive capitalization rate makes this an attractive addition to any investment portfolio. Priced significantly below appraised value for a quick sale, this is a rare opportunity to secure a cash flowing asset with built in value from the start. Whether you're expanding your rental portfolio or seeking your next investment, this property offers an exceptional combination of affordability, income potential, and long term value.

$1,128/mo

Est. mortgage payment based on a $169,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
243081

Interior Features

Bedrooms
2
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$875
Tax Frequency
Annually

Courtesy of Buy Smart Colorado, Caleb Skelton,
Listing Contact: 7193108464 

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by the MLS.

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Zach Fry shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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