401-407 North Commercial Street

401-407 North Commercial Street

Trinidad, CO 81082

$1,200,000
Price
—
Beds
8
Baths
2
1/2 Baths
13,104 Sq. Ft.
$92 / Sq. Ft.
13,104
Sq. Ft.
$92
per Sq. Ft.
a front view of a building with street
a view of kitchen and dining room with furniture
a view of a livingroom with furniture a dinning room and floor to ceiling window
a bathroom with a sink mirror vanity and toilet
a close view of door
a living room with furniture and a large window
a view of a livingroom with wooden floor and furniture
a living room with furniture and a wooden floor
a living room with furniture and a wooden floor
a bed room with a bed and a window
a utility room with dryer and washer
a view of empty room with wooden floor
a view of empty room with wooden floor and window
an empty room with closet and a ceiling fan
a bathroom with a sink a toilet and shower
a view of walk in closet with empty racks
a view of a dining room with furniture window and wooden floor
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a spacious bedroom with a bed and window
a bedroom with a bed and a chandelier
a bathroom with a sink a toilet and shower curtain
a view of a hallway with wooden floor and closet
a living room with furniture windows and wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a bedroom with a bed and a window
a bathroom with a sink a toilet and shower
a view of a hallway with wooden floor and closet
a view of a room with wooden floor and a kitchen
a view of an empty room with wooden floor and a window
a bathroom with a sink toilet and shower
wooden floor in an empty room and a window
a living room with furniture or wooden floor and a window
a kitchen with granite countertop a sink stove and refrigerator
a bed sitting in a bedroom next to a window
a view of street with on the shops

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...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!
  1. Listed by Sarah Manshel • eXp Realty, LLC

Property Details for 401-407 North Commercial Street

Water Front
No

Location

Listing Courtesy of eXp Realty, LLC, Sarah Manshel
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LISTING UPDATED: 04/10/2024 01:38 AM

Property Details for 401-407 North Commercial Street

StatusActive
MLS #812316
Days on Compass35
Taxes$3,515 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use
Year Built1886
Lot Size0.12 AC / 5,227 SF
CountyLas Animas County

Location

Listing Courtesy of eXp Realty, LLC, Sarah Manshel
Add your commute

Building Information for 401-407 North Commercial Street

Stories-Residences8Year Built1886Lot Size0.12 AC / 5,227 SF

Payment Calculator

$6,842 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$293

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401-407 North Commercial Street

Summary
Location and General Information
  • Directions: From Main Street head North on Commercial. Property on West side of Commercial Street on the corner of Cedar and Commercial.
Owner
  • Owner Name: BELL BLOCK LLC
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Account ID: R0016203
  • Tax Year: 2023
  • Total Taxes $: 3515.44
Property
Property and Assessments
  • FIPS Code: 08071
  • Legal/Lot Block: BACA LANDS PT-TRACT LT-7- AS DESCRIBED R D T NO.26486 AKA 401-403-407 N COMMERCIAL-
  • Photo Count: 35
  • New Construction Y/N: No
  • Covenants Y/N: NO
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: Other, Mixed Use
  • Possible Property Use: Mixed-Use
  • Lot Dimension: 5060 sq ft
  • Parcel ID #: 1.4443E7
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 8
Income & Expenses Information
  • Gross Scheduled Income $: $115,200.00
  • Cap Rate Percent: 8.25%
  • Net Operating Income $: $99,070.00
  • Gross Annual Expenses $: $16,130.00
Interior and Exterior Features
Room Information
  • 1/2 Baths: 2
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 10.00
Interior Features
  • Furnished: Unfurnished
  • Main SF: 4368
  • Upper SF: 8736
  • Florring: Tile, Vinyl, Wood, Carpet
  • Heating Fuel/Source: Natural Gas
  • Heating System: Boiler
Rental
Rental Information
  • CAM Y/N: No

Property History for 401-407 North Commercial Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 401-407 North Commercial Street

This home is within Trinidad School District 1 in the County of Las Animas And.
Rating
School
Type
Grades
Distance
Fisher's Peak Elementary School
Public - K to 5
Trinidad Middle School
Public - 6 to 8
Trinidad High School
Public - 9 to 12
Eckhart Elementary School
Public - K to 1
Rating
School
Distance
Fisher's Peak Elementary School
PublicK to 5

Trinidad Middle School
Public6 to 8

Trinidad High School
Public9 to 12

Eckhart Elementary School
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 401-407 North Commercial Street, Trinidad, CO 81082

401-407 North Commercial Street is a mixed use property for sale in Trinidad, CO 81082. This property was listed for sale on April 5, 2024 by eXp Realty, LLC, it's currently listed at $1,200,000. This listing's school district is Trinidad School District 1 in the County of Las Animas And. Nearby schools include Fisher's Peak Elementary School, Trinidad Middle School and Trinidad High School. 401-407 North Commercial Street is a 0-bed, 9-bath, 13,104 sqft mixed use property built in 1886.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC, Sarah Manshel

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.