$840,000
$859,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,880 SqFt
SOLD DATE : 06/02/2023
Key Details
Sold Price $840,000
Property Type Single Family Home
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Subdivision Leadville
MLS Listing ID 9854653
Sold Date 06/02/23
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 2,880
Originating Board REcolorado
Year Built 1975
Annual Tax Amount $2,678
Lot Size 9,147 Sqft
Acres 0.21
Property 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.
Location
State CO
County Lake
Area Out Of Area
Interior
Heating Baseboard
Exterior
Exterior Feature Balcony
Garage Spaces 8.0
Utilities Available Electricity Available
View Mountain(s)
Roof Type Composition
Porch Patio, Deck
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Wood/Frame,Vinyl Siding,Concrete
New Construction false
Schools
Elementary Schools Westpark
Middle Schools Lake County
High Schools Lake County
School District Lake County R-1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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