$1,200,000
401-407 N Commercial ST Trinidad, CO 81082
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$1,200,000
Est. payment /mo
5,227 Sqft Lot
Active
401-407 N Commercial ST Trinidad, CO 81082
UPDATED:
09/24/2024 03:41 PM
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5271482
HOA Y/N No
Originating Board recolorado
Year Built 1886
Annual Tax Amount $3,515
Tax Year 2023
Lot Size 5,227 Sqft
Acres 0.12
Property Description
Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two leased retail storefronts and six updated apartments, which 4 are used as long term rentals and the other 2 are used as vacation rentals, it's an ideal investment opportunity. With original hardwood flooring, hot water heat, and newer appliances, each unit exudes elegance. Enjoy the vibrant atmosphere with shops, restaurants, and galleries just steps away. A CAP rate of over 8% and as a bonus, the building has already been divided into condominiums for future income potential for the savvy investor. Call me today for your own personal tour!
Location
State CO
County Las Animas
Zoning Commercial
Interior
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Stone
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by eXp Realty - ROCC • 719-212-9008
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