Over 9% Cap Rate! This 11 unit apartment complex offers excellent cash flow. Strong leases in place. Property includes outside courtyard area and a large parking lot. Conveniently located one block off Harrison in downtown Leadville. Walking distance to restaurants, the ice skating rink, skate park, dog park, and schools. Just 30 minutes from Copper Mountain, 45 minutes to Vail. Three units remodeled in 2018. (00, 4, & 5) New roof installed in 2008. New decking and railings added in 2018. Many new vinyl windows already installed and two more being installed this month! Unit 10 being remodeled in March! Rent roll attached to the listing. P & L provided with proof of funds and prequalification letter.
Off market
$993,900
114 W 6th St APT 6, Leadville, CO 80461
10beds
11baths
5,160sqft
Income
Built in 1888
0.27 Acres Lot
$993,900 Zestimate®
$193/sqft
$3,394 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 11
Heating
- Forced air, Gas
Cooling
- None
Features
- Remodeled, Built-Ins
- Flooring: Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 5,160 sqft
Property
Parking
- Total spaces: 12
Features
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.27 Acres
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Income
Materials
- Roof: Composition
Condition
- Year built: 1888
Community & neighborhood
Location
- Region: Leadville
Other
Other facts
- Property Sub Type: Income
- Property Type: Income
- Exterior Features: Utility Shed
- Heating: Wall Heater
- Structural Style: Multi-Level
- Unit Access: Exterior Access
- School District: Lake County R-1
- Construction Materials: Wood Siding
- Construction Methods: Frame
- Interior Features: Remodeled, Built-Ins
- Site Features: Near Public Transit, Near Ski Area
- Features: Professionally Managed
- Building Type: 5+ Plex (all units)
- MLS: REcolorado
Services availability

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