81 Castle Royal DR #87 Pueblo, CO 81005
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,808 sqft
Price per Sqft $156
Subdivision Regency Park 8Th
MLS Listing ID 5063832
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,808
Year Built 1980
Annual Tax Amount $2,354
Tax Year 2025
Lot Size 0.330 Acres
Acres 0.33
Property Sub-Type Quadruplex
Source recolorado
Property Description
Ownership has completed significant capital improvements throughout the property, with three of the four units undergoing comprehensive interior renovations in 2026. Recent upgrades include new flooring, fresh interior paint, updated bathrooms, new swamp coolers serving all four units, a new roof, new double-pane vinyl windows, and fresh exterior paint. These improvements position the asset as a low-maintenance investment with limited near-term capital expenditure requirements.
Each townhome offers desirable features uncommon in many multifamily properties, including private fenced patio areas, individual washer and dryer hookups, and ample off-street parking. Situated on a large lot, the property provides generous parking capacity for residents with multiple vehicles, enhancing tenant convenience and long-term retention.
The investment benefits from a straightforward utility structure, with tenants responsible for their own electricity while ownership pays water, sewer, and trash. Combined with the property's strong physical condition, townhome-style configuration, and recent renovations, Castle Royal Townhomes offers investors a stable, turnkey asset in one of Southern Colorado's established rental markets.
Location
State CO
County Pueblo
Zoning R-4
Interior
Heating Baseboard
Cooling Evaporative Cooling
Fireplace N
Exterior
Utilities Available Electricity Connected
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Community Sewer
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Goodnight
Middle Schools Roncalli
High Schools South
School District Pueblo City 60
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOL & BUSINESS
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