81 Castle Royal #87, Pueblo, CO 81005
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81 Castle Royal #87, Pueblo, CO 81005
81 Castle Royal #87, Pueblo, CO 81005
81 Castle Royal #87, Pueblo, CO 81005
81 Castle Royal #87, Pueblo, CO 81005
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$ 595,000
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81 Castle Royal #87 Pueblo, CO 81005

8 Beds

6 Baths

3,808 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,808 sqft

Subdivision Regency Park 8Th

MLS Listing ID IRE5063832

Bedrooms 8

HOA Y/N No

Year Built 1980

Annual Tax Amount $2,354

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Source ires

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

Community Regency Park 8Th

Area Out Of Area

Zoning R-4

Interior

Heating Baseboard

Cooling Evaporative Cooling

Exterior

Parking Features Off Street

Garage Spaces 8.0

Utilities Available Electricity Available

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Other

Water City, Other

Level or Stories Two

Structure Type Frame

New Construction false

Schools

Elementary Schools Goodnight

Middle Schools Roncalli

High Schools Pueblo City 60

School District Pueblo City 60

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Private Owner


Information and Real Estate Services (IRES)
Listed by Lee Wagner

NEARBY SCHOOLS & PROPERTIES

Dave Fish

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81 Castle Royal #87