Dan Kaercher

Dan Kaercher

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Closed

$375,000

($172,520 down)
FHA

221 E 4th Street, Pueblo, CO 81003

10
4
2,560 sqft
PITI Monthly
$4,470.93 /mo

Listing courtesy of: Trenton Stringari, Zezen Realty LLC

Assumed Rate

7.07%
7.15%

Principal & Interest

$1,704 /mo
$1,718 /mo

What's Special

INVESTORS
ENTERTAINMENT
SPACIOUS

*** CALLIING ALL INVESTORS!! Discover this incredible quadplex located in the heart of downtown Pueblo, Colorado. This property features four spacious units: two with 3 bedrooms and 1 bathroom each, and two with 2 bedrooms and 1 bathroom each. With rental comps indicating potential rents exceeding $5,000 when fully occupied, this property is a cash-flowing dream for any investor. Two of the units are 100% completed and ready to generate immediate income. Situated in the bustling downtown area, tenants will enjoy easy access to shops, restaurants, and entertainment. Walk into over $100K in equity, making this a secure and profitable investment. Whether you're an experienced investor or new to real estate, this quadplex offers the perfect opportunity to expand your portfolio and capitalize on Pueblo's growing market. Don't miss out on this chance to own a piece of downtown real estate with substantial equity and cash flow potential.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$4,470.93/mo
Estimated Loan Balance
$252,696
Cash to close
$172,520
Interest Paid
$26,785

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 10
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Brick, Concrete
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Architecural Shingle, Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Fractional
  • Architectural Style: Unknown
Materials
  • Brick, Concrete
  • Roof: Architecural Shingle, Composition
Condition
  • Year Built: 1933
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pueblo
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Pueblo

Financial Details

  • Price per Sqft: $146.48
  • Tax Annual Amount: $30000
  • On Market Date: 2024-07-10T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $172,520 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $172,520!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$202,480
Your Cash$172,520
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$1,704/mo
Traditional @ 7.5%
$1,782/mo
You save $78/month ($933/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3598428

Listing From: recolorado

Last updated: 2024-08-13T13:41:16.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

7.07%
7.15%

Principal & Interest

$1,704 /mo
$1,718 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $172,520 (46%)
You can enter any amount below - secondary financing will cover the difference if needed.
46%
$

You cover the entire equity of $172,520!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$202,480
Your Cash$172,520
Total Purchase Price:$375,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$1,704/mo
Traditional @ 7.5%
$1,782/mo
You save $78/month ($933/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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