$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 Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $291
Subdivision Leadville
MLS Listing ID 9854653
Sold Date 06/02/23
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,880
Originating Board recolorado
Year Built 1975
Annual Tax Amount $2,678
Tax Year 2022
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
Interior
Heating Baseboard, Electric
Cooling None
Fireplace N
Exterior
Exterior Feature Balcony
Utilities Available Electricity Connected, Internet Access (Wired)
View Mountain(s)
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Concrete, Frame, Vinyl Siding
Schools
Elementary Schools Westpark
Middle Schools Lake County
High Schools Lake County
School District Lake County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Omni Real Estate Company Inc