800 Poplar Street

Leadville, CO 80461

Incomes Property  $364,500  Sold

09-16-2017 02:09am

EXCELLENT INVESTMENT OPPORTUNITY! Two buildings on one lot. Building One is a high visibility mixed use building with over 1,000SF retail space on street level, large clean basement and large 2 bedroom apartment on second floor. Building Two features two 1 bedroom apartments and one studio apartment. Building has been well-maintained by owners and features newer roof, some windows and updated apartments. Upper level apartments enjoy beautiful mountain views. Retail space is currently home to owners' business, Encore Appliances, which has visibility to all traffic entering town from the north. Building is on corner lot with ample parking on 2 streets. Excellent income history. Owners are retiring. This is your chance to cash in on a great investment property!

MLS#
5789914
MLS Originator
REcolorado (Denver)
Off Market Date
07-07-2017 12:00am
Original Price
$364,500
Nearby Attraction
Corner Lot

Property
Income
Property Subtype
Income
Sold
Status Conditions
None Known
Last Update
09-16-2017 02:09am
Bedrooms
4
SqFt
4740
Year Built
1888
Der PSF Total
76.90

SqFt Lot
2178.00
SqFt Finished
4740
SqFt Above
4740

Sold Price
$364,500
Previous Year Tax
$1,757
Terms and Conditions
Cash, Conventional
Transaction Type
For Sale

Cooling
None
Heating
Radiant
Heating Fuel
Gas
Utilities
Cable TV, Internet Access (Wired), Telephone

General
Corner Lot
Base Size
None
Parking Spaces
1
Vehicle Spaces
0
Type
# of Space
L x W
Description
None
0
-
Lot View
City View, Mountain View

Structure
Multi-Level
Roof
Other
Construction
Other
Features
Individual Basement
Construction Method
Block,Frame
Builder Source
County Records

School District
Lake County R-1
Elementary School
Pitts
Middle School
Lake County
High School
Lake County

Annual Actual Expenses
5435
Annual Projected Expenses
5500
Annual Actual Income
23825
Annual Projected Income
49500
Annual Actual Net Income
18390
Annual Projected Net Income
44000
Unit Furnished
0

PPA
7290000.00
Lot Width
0.00
Road Surface
Paved Road

Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 800 Poplar Street, Leadville, CO 80461
- Property Type: Incomes Property, 4 beds, - baths, 4740 SqFT
- Sold Price: $364,500
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$0 (0)
$592,000 (2)
$592,000 (2)
$592,000 (2)
Area 2 (1-2 miles)
$0 (0)
$592,000 (2)
$592,000 (2)
$592,000 (2)
Area 3 (2-3 miles)
$0 (0)
$592,000 (2)
$592,000 (2)
$592,000 (2)
Area 4 (3-5 miles)
$0 (0)
$592,000 (2)
$592,000 (2)
$592,000 (2)

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