203 – 207 W 14th St
Property Description
Welcome to Palace Courts, a charming piece of Pueblo history dating back to 1928! Ideally positioned next to beautiful and historic Mineral Palace Park, this rare multi-family investment opportunity at 203-207 W. 14th Street features two side-by-side fourplexes offering a total of eight rental units. Several units have been occupied by long-term tenants for more than 10 years, while most are currently on month-to-month agreements, providing an established rental history along with flexibility for the next owner. The property also features shared laundry facilities located downstairs at 207 W. 14th Street, available for tenants of both buildings, plus a storage shed at the rear of the property. Conveniently located near UCHealth Parkview Medical Center, Downtown Pueblo, shopping, dining, I-25 access, and Mineral Palace Park, this central location offers excellent accessibility for tenants. Ample parking is available behind the buildings, with additional street parking in front. The property was previously utilized as a combination of residential units and one commercial unit, creating additional possibilities subject to current zoning and City approval. With its vintage character, established tenancy, eight income-producing units, desirable central location, and future potential, Palace Courts presents a unique opportunity to expand an existing real estate portfolio or begin building one with a truly distinctive Pueblo property.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $890,000 |
| No. of Units: | 8 |
| Year Built: | 1928 |
| Lot Size: | 6,624.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $111,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 8 |
| Number of Bathrooms: | 8 |
ID: 3yd-PARCO-242349
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