1506 San Pedro Ave Trinidad, CO 81082

This beautifully reimagined property is truly move-in ready, with every update thoughtfully completed, nothing left to do but unpack! The upper level (1,085 sq ft) has been completely renovated from top to bottom, featuring refinished hardwood floors, a brand-new kitchen, a new bathroom, refinished solid wood doors throughout, new windows, upgraded electrical, new light fixtures, new doors and hardware, and never-used appliances. All renovations were completed with careful attention to preserving the home's mid-century modern character and charm, blending timeless style with modern comfort. The lower level (1,085 sq ft) is entirely brand-new construction. It offers two bedrooms and two bathrooms and was thoughtfully designed for long- or short-term rental or multi-generational living. Additional highlights include a new carport, a fresh gravel parking area, and a front deck with views of Fisher's Peak and Simpson's Rest. Located along a charming red brick road and within one mile of downtown Trinidad, this property has a proven 5% cap rate renting only the lower unit, with even stronger income potential if both units are utilized. A rare opportunity to own a fully renovated, turnkey home and income property that honors its architectural roots while delivering modern efficiency, right in the heart of one of Southern Colorado's most vibrant communities.