$1,050,000
For Sale

428 W 6th Street

Leadville, CO 80461
2200 sqft | 0.19 acres | #2918874
Listing OfficeHomeSmart Realty
Browse 49 photos
Type:Purchase
Zone:Commercial

Description

Prime Location in the Heart of It All!
Just a short walk to vibrant Harrison Street, where you’ll find an array of restaurants, bars, hotels, and boutique shops. This unique property features two fully remodeled homes on separately deeded lots—a rare opportunity!
The first home offers 1 bedroom and 1 full bath, perfect for guests, rental income, or a private retreat. The second home boasts 3 bedrooms and 2 bathrooms, ideal for comfortable full-time living or vacation hosting.
Take in breathtaking views of Mt. Massive and Mt. Elbert from the expansive patio, or unwind across the street at the local ice rink and skate park. Whether you're looking for investment potential, multigenerational living, or a mountain getaway, this property delivers.
Revenue potential on 3/2 house $450/night, $98k annualized at 60% occupancy. 1 bedroom ADU, $250/night, $55k annualized at 60% occupancy. 12% cap rate (17% operating expense).

  • Property Details
      • Utility FeaturesCable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Sewer Connected
      • Structure TypeFree Standing
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$1,050,000
      • Property TypePurchase
      • MLS #2918874
      • Cost1050000
      • MLS #2918874
      • Utility SourcePublic
      • Taxes Annual$3,544
      • Acres0.19
      • Square Feet2200
      • Year Built1898
      • CountyLake
      • Parking Spaces2

Location

Adrienne Wilson | Winterwood Real EstateReal Estate Group
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