Additional details

Steve Prewitt - CHIC

steve@customhomesincolorado.com +1(719) 439-0241

$595,000

Est. payment - /mo

0.33 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4927137

Construction Status Existing

HOA Y/N No

Year Built 1980

Annual Tax Amount $2,353

Tax Year 2025

Lot Size 0.328 Acres

Property Sub-Type Fourplex

Property Description

Castle Royal Townhomes presents an exceptional opportunity to acquire a well-maintained and extensively renovated four-unit townhome community located at 81 Castle Royal Drive in Pueblo, Colorado. Constructed in 1980 and encompassing approximately 3,808 square feet, the property consists entirely of spacious two-bedroom, one-and-a-half-bathroom townhome-style residences that appeal to a broad tenant base seeking privacy, functional layouts, and outdoor living space. 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

Area Regency Park

Interior

Cooling Evaporative Cooling

Laundry Electric Hook-up

Exterior

Utilities Available Electricity Connected

Building

Water Municipal

Construction Status Existing

Schools

School District Pueblo-60

Others

Special Listing Condition Not Applicable

Unit 2

Sqft 952

Beds 2

Baths 2

Occupied N

Furnished N

Unit 1

Sqft 952

Beds 2

Baths 2

Occupied N

Furnished N

Unit 4

Sqft 952

Beds 2

Baths 2

Occupied N

Furnished N

Unit 3

Sqft 952

Beds 2

Baths 2

Occupied N

Furnished N

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Listed by The Platinum Group

Nearby School & Business

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Steve Prewitt - CHIC

+1(719) 439-0241

Broker | Owner | Real Estate Advisor

81 Castle Royal DR #87 Pueblo, CO 81005

Steve Prewitt - CHIC

Key Details

Location

Interior

Exterior

Building

Schools

Others

Unit 2

Unit 1

Unit 4

Unit 3

Nearby School & Business

Get More Information

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