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William Watson

bill@watsonrg.com +1(720) 463-0002

$525,000

Est. payment - /mo

4 Beds

4 Baths

5,278 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,278 sqft

Price per Sqft $99

Subdivision Original Township

MLS Listing ID 6880001

Style Denver Square

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 3,700

Year Built 1908

Annual Tax Amount $1,384

Tax Year 2025

Lot Size 0.308 Acres

Acres 0.31

Property Sub-Type Quadruplex

Source recolorado

Property Description

Fully leased fourplex generating $48,000 in gross annual rental income. All four units are 1-bedroom, 1-bathroom and currently occupied by tenants under lease, providing immediate cash flow. Extensive capital improvements completed within the last two years include all-new permitted electrical systems, permitted plumbing upgrades throughout the building, a new sewer line, four remodeled bathrooms, an updated kitchen in Unit 4, refinished hardwood floors, and 13 replacement windows. Built in 1908, the property blends historic character with significant infrastructure upgrades. Situated on a spacious 0.31-acre lot near downtown Trinidad, shopping, restaurants, schools, and public transportation. Mountain and city views, mature trees, and strong rental demand make this an attractive addition to an investment portfolio. A rare opportunity to acquire an updated, income-producing multifamily property with stable tenants already in place.

Location

State CO

County Las Animas

Rooms

Basement Cellar

Interior

Interior Features Ceiling Fan(s), Smart Thermostat

Heating Radiant

Cooling None

Flooring Tile, Vinyl, Wood

Fireplace N

Appliance Gas Water Heater

Laundry In Unit

Exterior

Exterior Feature Balcony, Private Yard

Parking Features Asphalt

Fence Partial

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Level, Near Public Transit, Subdividable

Foundation Block

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Cement Siding,Metal Siding

Schools

Elementary Schools Eckhart

Middle Schools Trinidad

High Schools Trinidad

School District Trinidad 1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by HomeSmart Realty

Nearby Locations

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(720) 463-0002

bill@watsonrg.com

CO, USA

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417 W 3rd ST Trinidad, CO 81082