1108 E 7th Street Trinidad, CO $ 750,000
1108 E 7th Street
$ 750,000
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1108 E 7th Street

Trinidad, CO, 81082
$ 750,000
Baths0.0 Sq 6,912

Monthly Estimate*

$ 4,985

Listed by Madison & Company Properties
1108 E 7th Street, Trinidad, CO 81082 - Image 1
1108 E 7th Street, Trinidad, CO 81082 - Image 2
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1108 E 7th Street, Trinidad, CO 81082 - Image 6
1108 E 7th Street, Trinidad, CO 81082 - Image 7
Studio

Commercial Property for sale in Trinidad, CO

for $750,000. This 6,912 square foot building was built in 1974 on a lot size of 0.34.

Are you looking for Value Add, Income Producing, 100% leased, Multifamily complex in the "Up & Coming," Beautiful, town of Trinidad? Note: This building has been taken great care of and been 100% occupied since that the last Owners bought this over 26+years ago. You'll also want to hear about how Trinidad is experiencing a housing shortage due to the influx of people moving here! So if you're wondering what all of the fuss is about, feel free to reach out to the listing agent anytime to learn more. He'll fill you in on all of the things that are making this town such an intelligent place to start, or grow your investment portfolio!

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Commercial Contingent

Price

$ 750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 467

Style

A-Frame

Lot Size

0.34

Year Built

1974

Town/City

Trinidad

County/Region

Las Animas

MLS | Web ID

9228784

Features
General
Sewer Public Sewer
Garage Spaces 0
Architectural Style A-Frame
Security Features Carbon Monoxide Detector(s) Fire Alarm
Exclusions Seller's Personal Property to be defined in Contract to purchase.
Year Built 1974
Stories 2
Property SubType Multi-Family
Tax Year 2021
Current Use Commercial Multi-Family
Building Name Vel Vista Apartments
County Las Animas
Property Type Commercial Sale
Attached Garage N
Contingency None Known
Status Pending
Directions GPS
City Trinidad
Buyer Agent Compensation 3
Total Units 8
Lot Size Square Feet 14941
Carport Spaces 0
Street Name 7th
Listing Terms Cash Conventional
Tax Annual Amount 467
Structure Type Low Rise (1-3)
Standard Status Active Under Contract
Occupancy Type Tenant (Multiple)
Cap Rate 7
Buyer Agent Compensation Type %
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Exterior
Parking Features Asphalt
Lot Features Corner Lot Greenbelt Landscaped
Water Source Public
Total Parking 17
Lot Size Area 14941
Building Area Total 6912
Lot Size Acres 0.34
Road Surface Type Gravel Paved
Lot Size Units Square Feet
Road Frontage Type Public Year Round
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Interior
Street Suffix Street
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Internal Only
Street Number 1 1108
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* Excluded Features
List By
Madison & Company Properties

Broker

(303) 960-5020

Phone

Affordability Calculator

$5,024
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,985
Monthly Property Taxes
$39
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2022$750,000 Listed Price

Map


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1108 E 7th Street, Trinidad, CO, 81082 is a Commercial Property for sale at $750,000 with 6,912 sqft and a lot size of 0.34. 1108 E 7th Street is a studio with 0.0 baths and was built in 1974. The property's zip code is 81082 which is in Trinidad, CO