Incredible investment opportunity featuring long-term tenants in both units since the extensive renovations were completed in 2024. Both the main house and cottage were fully remodeled with updated flooring, fresh paint, modernized bathrooms, and numerous additional improvements. Long-term leases are currently in place, generating $2,722 per month and over $32,000 annually in rental income. Opportunities to acquire a house-and-cottage property in Colorado at this price point are increasingly rare. The property offers stable cash flow from established tenants, making it an excellent addition to an investor's portfolio. Landlord currently pays water, while tenants are responsible for their remaining utilities.
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Market statistics compiled from data from Pueblo Association of Realtors.