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.
The median home value in Pueblo, CO is $285,300. This is lower than the county median home value of $286,100. The national median home value is $338,100. The average price of homes sold in Pueblo, CO is $285,300. Approximately 53.95% of Pueblo homes are owned, compared to 39.08% rented, while 6.97% are vacant. Pueblo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Pueblo real estate agent to arrange a tour today!
Pueblo, Colorado 81008 has a population of 111,424. Pueblo 81008 is less family-centric than the surrounding county with 25.23% of the households containing married families with children. The county average for households married with children is 26.81%.
The median household income in Pueblo, Colorado 81008 is $46,766. The median household income for the surrounding county is $53,430 compared to the national median of $69,021. The median age of people living in Pueblo 81008 is 38.2 years.
The average high temperature in July is 92.8 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 12.8 inches per year, with 25.1 inches of snow per year.