Fully-Occupied 10-Unit Pueblo Bldg

Property Description

Auction - Selling to the Highest Bidder Regardless of Price - No Minimums, No Reserves - November 13th.

Seize Your Opportunity to Bid, Buy, and OWN this exceptional 10-unit efficiency apartment building at 1334 E 4th St, Pueblo, CO 81001- with steady rental income, low-maintenance operations, and unbeatable location just one mile east of I-25'S Pueblo Boulevard exit. Built in 1960 on a 7,200 sq ft lot, this 2,470 sq ft multi-family gem delivers 100% occupancy with strong cash flow potential.

Ideal for hands-off investors, portfolio builders, or those eyeing reliable returns in a growing market, this turnkey property offers on-site washer/dryer facilities, recent upgrades, and effortless access to Pueblo's vibrant east side amenities.

Property Highlights:

This well-maintained 10-unit efficiency building features studio layouts with private bathrooms in every unit, designed for efficient, high-demand rentals with minimal upkeep. Since June 2025, the current owner has invested over $17,000 in renovations to Units 4, 6, 7, and 9-including fresh paint and new carpet-as they hit the rental market, ensuring modern appeal and sustained occupancy. Four of the 10 units have been newly updated, while the on-site communal kitchen and laundry keep operations streamlined.

· Inspired Design: The third-floor unit stands out as a full private apartment with its own dedicated kitchen, offering flexibility for premium renters, while the remaining nine studios share a central communal kitchen.

· Modern Finishes: Recent renovations deliver fresh paint, new carpet, and clean, functional spaces across updated units.

· Low-Maintenance Living: Each studio includes a private bath, with on-site washer/dryer access ensuring tenant satisfaction and operational ease-perfect for absentee owners.

· Unique Features: Fully equipped for immediate income generation, this building combines studio simplicity with smart communal amenities, all on a compact footprint for cost-effective management.

· Investment Potential: Boasting 100% occupancy and historical gross rents of over $60,000 annually, this property thrives on Pueblo's steady rental demand, low vacancy rates, and proximity to major employers, delivering robust cash flow in a resilient market.

Efficiency Apartments Explained:

An efficiency apartment, often called a studio or economy unit, is a compact living space typically under 300 sq ft that combines sleeping, living, and sometimes minimal kitchen areas into one open room, with a separate private bathroom. Unlike full studios, efficiencies often feature a basic kitchenette or shared facilities to maximize affordability and space. As an investment, efficiencies shine in high-density areas like Pueblo by attracting budget-conscious renters-such as students, young professionals, or short-term workers-while offering owners economies of scale: lower per-unit maintenance costs, faster tenant turnover, and higher overall yields from multiple units under one roof. With minimal furnishings needed and reduced utility overhead, they provide strong cash flow and resilience against market dips, especially in growing cities with steady population and job influx.

Pueblo Area Insights:

Pueblo, the 10th-largest county in Colorado with a 2025 population of approximately 169,322 (and city population of 110,529), anchors a stable economy driven by manufacturing, healthcare, education, and government sectors-key employers like Cf&I Steel, Parkview Medical Center, and Colorado State University Pueblo fuel consistent job growth and renter demand. Despite a slight annual decline of -0.03% in county population, the area's median household income of $72,818 and 19.18% poverty rate underscore a robust market for affordable housing like efficiencies, with low vacancy supporting reliable returns. Nestled in the Lower East Side, this property sits in close proximity to Bradford Elementary School and Risley International Academy of Innovation, just six blocks from Bradford Park (7.11 acres with playgrounds, sports fields, walking tracks, and picnic areas) and Mitchell Park (6.56 acres featuring a seasonal pool, splash pad, tennis/basketball courts, and grassy hilltop views).

· Outdoor & Community Access: Enjoy nearby green spaces for recreation, with easy walks to parks and schools enhancing tenant appeal in this family-friendly neighborhood.

· Convenient Connectivity: One mile east of I-25'S Pueblo Boulevard exit, it's ideally positioned for commuters heading to Denver or Colorado Springs or local hubs like Pueblo Community College (3.1 miles away).

· Year-Round Stability: Pueblo's diverse economy-from steel production to tourism at the nearby Pueblo Zoo and Riverwalk-ensures enduring rental demand, complemented by a tight-knit community and cultural events.

Seal Your Place in Pueblo's Prosperity:

This 10-unit efficiency building isn't just income-it's a cornerstone of smart, scalable investing and low-hassle ownership. Perfect for those seeking hands-off cash flow, portfolio diversification, or a high-occupancy anchor in a steady market, its recent renovations, prime location, and efficiency design make it a standout opportunity.

Join us for a private showing or at one of our open house events to experience it firsthand.

Don't miss your chance to Bid, Buy, and OWN this exceptional Pueblo multi-family gem-register today.

Auctions are fun and easy, and our staff is here to answer any questions and guide you through the process for a seamless transaction.

At-A-Glance:

Building Amenities:

· 10-unit efficiency apartments with 100% occupancy, on-site washer/dryer, and communal kitchen-ideal for strong cash flow or hands-off investment.

· 9 studios with private bathrooms, shared kitchen

· One full apartment with private kitchen and bathroom

Appliances:

· Communal kitchen for nine units; full kitchen in one private unit; on-site laundry facilities

Interior Features:

· Studio layouts, recent updates with fresh paint and carpet in four units, low-maintenance design, smoke-free potential

Flooring:

· New carpet in renovated units; durable finishes throughout

Exterior Features:

· Compact 7,200 sq ft lot, easy access near I-25 and local amenities

Lot Features:

· Near public transit and commuter routes,

· Surrounded by east side neighborhoods,

· Close to parks and schools in Pueblo's Lower East Side

Nearby Amenities (Within 1 Mile):

· Bradford Elementary School and Risley International Academy for education

· Bradford Park for playgrounds, sports fields, and walking tracks

· Mitchell Park for seasonal pool, tennis, and community gatherings

· Local dining and shopping along E 4th St corridor

· Quick access to Pueblo Community College and east side recreation

Location Highlights:

· 1 mile east of I-25 Pueblo Boulevard exit for seamless commuting

· 45 miles to downtown Colorado Springs; gateway to southern Colorado adventures

· Strong rental market with 100% occupancy and over $70,000 historical gross annual rents

· Diverse economy in manufacturing, healthcare, and education for reliable tenant demand

· Ideal for efficiency apartment investment with low maintenance and high yields