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Sold for $840,000 on 06/02/23
  • $840,000

    205 W 2nd Street, Leadville, CO 80461

    8beds
    4baths
    2,880sqft
    Quadruplex
    Built in 1975
    -- sqft lot
    $831,600 Zestimate®
    $292/sqft
    $2,429 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 13, 2023 at 03:51pm

    Listed by:

    Clark Hess 719-966-8828,

    Worth Clark Realty

    Bought with:

    Jill Butryn, 100090227

    Omni Real Estate Company Inc

    Source: REcolorado,MLS#: 9854653MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,880
    • Total interior livable area: 2,880 sqft
    • Finished area above ground: 2,880

    Property

    Parking
    • Total spaces: 8
    • Details: Off Street Spaces: 8
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 9,147 sqft
    Details
    • Parcel number: 263326108002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Concrete, Frame, Vinyl Siding
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1975

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Access (Wired)

    Community & neighborhood

    Location
    • Region: Leadville
    • Subdivision: Leadville

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Individual
    Services availability
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