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401-407 N Commercial Street

Trinidad, CO 81082
  • $1,200,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 812316
$1,200,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 8
    BATHS
  • 2
    1/2 BATHS
  • 13,104
    SQFT
  • $92
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1886
County:
Area:

School Ratings & Info

Listing courtesy of eXp Realty, LLC: 888-440-2724.


Description

Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two retail storefronts and six updated apartments, 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. Fully leased with a CAP rate of over 8%, this property promises stable income. Don't miss out!

Monthly Payment Calculator

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-05-26T22:56:22.127.
www.destinationdro.com/homes/149582811
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401-407 N Commercial Street Trinidad, CO 81082

  • Price: $1,200,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 812316
0
Beds
8
Baths
2
½ Baths
0.12
Acres
13,104
SQFT
$92
$/SQFT
1886
Built
Neighborhood:
Other Area
County:
Las Animas
Area:
Other Area
Property Description
Discover downtown living at its finest! This beautifully renovated building in Trinidad offers historic charm with modern amenities. Featuring two retail storefronts and six updated apartments, 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. Fully leased with a CAP rate of over 8%, this property promises stable income. Don't miss out!
Exterior Features

Carport No Lot Dimension 5060 sq ft Stories 3 Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 13104 Flooring CarpetTileVinylWood Heating Fuel Source Natural Gas Heating System Boiler Main Sq Ft 4368 One Quarter Baths 0 Total Offices 0 Upper Sq Ft 8736

Property Features

Books Available No Cam No Cap Rate Percent 8.25 Covenants NO Current Use Mixed UseOther Exchange Trade No Fixtures Included No Gross Annual Expenses 16130 Gross Scheduled Income 115200 Inventory Included No Lease Included Yes Net Operating Income 99070 New Construction YN No Owners Association No Possible Property Use Mixed-Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Total Taxes 3515.44 Type Multi-Use Variable Rate Yes Water Rights No

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-05-26T22:56:22.127.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of eXp Realty, LLC: 888-440-2724.