Description
Exceptional 13,104 square foot commercial/residential building in the heart of Trinidad. This historic building was remodeled with modern conveniences but the charm of the late 1880s. Consisting of 2 commercial first floor spaces and 6 apartments on the 2nd and 3rd floor with refinished hardwood flooring, hot water heat, new appliances, and beautiful vintage base, casing and trim, this is a rare opportunity to own income property in the downtown area. Currently the fully leased building income creates just above 6% CAP rate from net operating income. As a bonus, this building was divided into condominiums in the event the owner chose to sell the units individually. Many photos will be listed on the website to be launched by April 6.
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0BEDS
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0.12ACRES
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0BATHS
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01/2 BATHS
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13,104SQFT
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$107$/SQFT
School Information
Description
Exceptional 13,104 square foot commercial/residential building in the heart of Trinidad. This historic building was remodeled with modern conveniences but the charm of the late 1880s. Consisting of 2 commercial first floor spaces and 6 apartments on the 2nd and 3rd floor with refinished hardwood flooring, hot water heat, new appliances, and beautiful vintage base, casing and trim, this is a rare opportunity to own income property in the downtown area. Currently the fully leased building income creates just above 6% CAP rate from net operating income. As a bonus, this building was divided into condominiums in the event the owner chose to sell the units individually. Many photos will be listed on the website to be launched by April 6.
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