417 W 3rd Street, Trinidad, CO 81082

$499,500
4
BD
4
BA
3,700
SqFt

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Courtesy of HomeSmart Realty . 720-231-9054

List Price
$499,500
Price Change
▼ $25,500 1781810989
Type
Multifamily
Property Sub Type
Quadruplex
Status
ACTIVE
MLS Number
6880001
Architectural Style
Denver Square
Structural Style
Denver Square
Bedrooms
4
Bathrooms
4
Sqft Total
3,700
Neighborhood
Original Township
Year Built
1908

Property Description

Fully leased fourplex generating $48,000 in gross annual rental income. All four units are 1-bedroom, 1-bathroom and currently occupied by tenants under lease, providing immediate cash flow. Extensive capital improvements completed within the last two years include all-new permitted electrical systems, permitted plumbing upgrades throughout the building, a new sewer line, four remodeled bathrooms, an updated kitchen in Unit 4, refinished hardwood floors, and 13 replacement windows. Built in 1908, the property blends historic character with significant infrastructure upgrades. Situated on a spacious 0.31-acre lot near downtown Trinidad, shopping, restaurants, schools, and public transportation. Mountain and city views, mature trees, and strong rental demand make this an attractive addition to an investment portfolio. A rare opportunity to acquire an updated, income-producing multifamily property with stable tenants already in place.

Additional Information

Lot Size Acres
0.31
Lot Size Sq Ft
13,395
Tax Amount
$1,384
Tax Year
2025
Exterior Features
Balcony, Private Yard
Sewer
Public Sewer
Flooring
Tile, Vinyl, Wood
Basement Type
Cellar
Heating
Radiant
Cooling
None
School District
Trinidad 1
Elementary School
Eckhart
Middle Or Junior School
Trinidad
High School
Trinidad
Parking Total Searchable
4
Parking Features
Asphalt

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