2825 Lake Avenue Pueblo, CO ^$ 89,900

2825 Lake Avenue

^$ 89,900

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2825 Lake Avenue

Pueblo, CO, 81004

^$ 89,900

Studio Baths0.0

Monthly Estimate*

^$ 598

Listed by LISTINGS.COM

2825 Lake Avenue, Pueblo, CO 81004 - Image 1

2825 Lake Avenue, Pueblo, CO 81004 - Image 2

2825 Lake Avenue, Pueblo, CO 81004 - Image 3

2825 Lake Avenue, Pueblo, CO 81004 - Image 4

2825 Lake Avenue, Pueblo, CO 81004 - Image 5

2825 Lake Avenue, Pueblo, CO 81004 - Image 6

2825 Lake Avenue, Pueblo, CO 81004 - Image 7

2825 Lake Avenue, Pueblo, CO 81004 - Image 8

Studio

Lots and Land for sale in Pueblo, CO

for $89,900. The lot size is 0.58.

Fabulous upside in this .58-acre lot with mountain views in the up & coming SW area of Pueblo! City planners will allow rezoning to R4 or R5 - or 4 or 5 rental units (Document tab for details). Commercial or B4 zoning is another alternative, although the highest & best use at this time is Multifamily in the city's opinion. It is located in the Mixed Neighborhood Future Land use category which allows commercial rezonings or multifamily. The adjacent property on the Lake Ave side is the only "real" neighbor and is the same sized lot containing 4 small units currently producing a gross revenue of more than $6,000 monthly. The original parcel was 1.16 acres, split into 23 narrow lots (running north/south – see Document tab), and formerly a horse ranch so the current zoning is A-4. The newly-divided parcel is 11 lots (legal description & parcel number in Documents tab) and the address(es) is TBD based on the development use. The seller’s original plan was to hold & develop in a few years, hoping to convince the city to allow 6-8 units given that it’s already split into 11 lots, and is congruent with housing in the area. Taxes will also be determined based on the development. According to recent correspondence with city planners (Documents tab has contact information to verify info), rezoning is only a few hundred dollars and shouldn’t take more than 90 days. They also stressed that the new City of Pueblo regime will be focusing on making development much easier in Pueblo moving forward. Ideal location with 2-mintue access to I25 and high-walkability with a bus stop steps away – yet, far enough from Lake Ave that it’s quieter and less congested. Located on the NE Corner of Berkeley & Maryland (GPS 2825 Lake Ave to get close). Great deal to take advantage of the rapidly increasing rental rates in the area!

Lots and Land Active

Price

^$ 89,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.58

Town/City

Pueblo

County/Region

Pueblo

MLS | Web ID

1543137

Features

General

Utilities Cable Available Electricity Available Natural Gas Available Phone Available

Possession Closing/DOD

Zoning A-4

Garage Spaces 0

Exclusions None

Electric 110V

View Meadow Mountain(s)

Property SubType Unimproved Land

Tax Year 2023

Current Use Agricultural

Percent Ownership Agent Owner

County Pueblo

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name 135 South Lake Ave Area

Possible Use Commercial Multi-Family Residential

Status Active

Directions GPS 2825 Lake Avenue then turn south onto Maryland. Property is at the NE corner of Maryland & Berkeley

City Pueblo

Buyer Agent Compensation 3

High School District Pueblo City 60

Lot Size Square Feet 25264.8

Carport Spaces 0

Street Name Lake

Listing Terms 1031 Exchange Cash Conventional

Tax Annual Amount 0

Standard Status Active

Elementary School District Pueblo City 60

Buyer Agent Compensation Type %

Exterior

Fencing Fenced Pasture

Lot Features Corner Lot

Water Source Public

Total Parking 0

Lot Size Area 0.58

Lot Size Acres 0.58

Road Surface Type Paved

Lot Size Units Acres

Road Frontage Type Public

Road Responsibility Public Maintained Road

Interior

Street Suffix Avenue

Internal Only

Street Number 1 2825

* Excluded Features

List By

Listings.Com

Broker

(303) 726-6533

Phone

Affordability Calculator

$598

Per Month

Monthly Principal & Interest: $598
Monthly Property Taxes: --
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Lots and land listings in Pueblo, CO

Average List Price ^$310,494

Percent of Sale Price 245%

About Pueblo, CO

110,876 Population

9% Since 2002

^$36,506 Median Income

38.03 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3043837 Elementary School

3042952 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/1/2024	$89,900		Listed Price

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2825 Lake Avenue, Pueblo, CO, 81004 is a Lots and Land for sale at $89,900 with a lot size of 0.58. 2825 Lake Avenue is a studio with 0.0 baths. The property's zip code is 81004 which is in Pueblo, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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 information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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2825 Lake Avenue

Lots and Land for sale in Pueblo, CO

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