205 W 2nd Street, Leadville, CO, 80461
- $859,000
Overview
- Quadruplex, ResidentialIncome
- 8
- 4
- 9148 Sq Ft
- 1975
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
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Address: 205 W 2nd Street
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City: Leadville
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State/county: Lake
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Zip/Postal Code: 80461
Details
Updated on April 5, 2023 at 5:31 pm-
Property ID HZ9854653
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Price $859,000
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Property Size 9148 Sq Ft
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Bedrooms 8
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Bathrooms 4
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Year Built 1975
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Property Type Quadruplex, ResidentialIncome
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Property Status Active
Additional details
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PropertySubType Quadruplex
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Subdivision Leadville
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Tax Year 2022
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Cooling None
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Construction Materials Frame, Concrete, VinylSiding
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Utilities ElectricityConnected, HighSpeedInternetAvailable
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Roof Composition
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View Mountains
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Exterior Features Balcony
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LotSize SquareFeet 9148
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LotSizeArea 0.21
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LotSizeUnits Acres
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Patio And PorchFeatures Deck, Patio, Balcony
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Middle School Lake County
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HighSchool Lake County
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HighSchool District Lake County R-1
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ElementarySchool Westpark
Features
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees