205 W 2nd Street, Leadville, CO, 80461

  • $859,000
205 W 2nd Street , Leadville, CO 80461
Active
205 W 2nd Street , Leadville, CO 80461
  • $859,000

Overview

Property ID: 9854653
  • Quadruplex, ResidentialIncome
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 9148
  • Sq Ft
  • 1975
  • Year Built

Description

Welcome to this amazing investment opportunity in Leadville, Colorado! This fully rented 4-unit apartment building is the perfect addition to any investor’s portfolio or purchase with a residential loan and get paid to live in one of the units! With a 4% cap rate, this property is generating steady returns with lots of potential for increasing income. Each unit in this well-built building features a 2 bedroom / 1 bath layout. The building has been well-maintained and is in excellent condition. Units have been remodeled since the building was built in 1975. New roof and seamless gutters installed in 2021, new electric meters in 2023. Landlord currently pays water, sewer, and trash. Tenants pay electric and internet.

  • Address 205 W 2nd Street
  • City Leadville
  • State/county Lake
  • Zip/Postal Code 80461

Details

Updated on April 7, 2023 at 5:51 am
  • Property ID: 9854653
  • Price: $859,000
  • Property Size: 9148 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Year Built: 1975
  • Property Type: Quadruplex, ResidentialIncome
  • Property Status: Active

Additional details

  • PropertySubType: Quadruplex
  • Subdivision: Leadville
  • Tax Year: 2022
  • Cooling: None
  • Construction Materials: Frame, Concrete, VinylSiding
  • Utilities: ElectricityConnected, HighSpeedInternetAvailable
  • Roof: Composition
  • View: Mountains
  • Exterior Features: Balcony
  • LotSize SquareFeet: 9148
  • LotSizeArea: 0.21
  • LotSizeUnits: Acres
  • Patio And PorchFeatures: Deck, Patio, Balcony
  • Middle School: Lake County
  • HighSchool: Lake County
  • HighSchool District: Lake County R-1
  • ElementarySchool: Westpark

Features

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