500 Poplar Street

Leadville, CO 80461
Square Ft.
7,399
$2,100,000
500 Poplar Street is a unique and versatile multifamily investment opportunity located just one block from historic Main Street in the heart of Leadville, Colorado. Situated on a large in-town lot, spanning over 18,000 SF total, the property consists of five separate buildings—including a 6-unit building, a 4-unit building, andRead MoreRead Less
Market LogoCourtesy of NorthPeak Commercial Advisors, LLC 720-738-1944
Listing Snapshot
Days Online
1
Last Updated
Property Type
Multi Family
Square Ft.
7,399
Lot Size
0.42 Acres
Year Built
1951
MLS Number
2352174
30 Days Snapshot Of 80461
$646k
+35%
(avg) sold price
8
+14%
homes sold
126
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Effective Year Built: 1951, Total Area: 7399, Unit Count: 1, Unit Types: "Array", Built in 1951, 13 total units
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities", Operating Expense: $53,671, Projected Annual Expense: $64,753
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 148236.00, Gross Income: $201,907, Projected Annual Net Income: $188,807, Projected Gross Income: $253,560
Lot
Acres: 0.42, Area: 18295, Parcel Number: 263324322004, Square Feet: 18295
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 0
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 8456, Legal Description: LOTS 13,14,15,16,17,18,19 BLOCK G STEVENS & LEITERS, SUB 20001017 R & 20101701 R PER 349194, 374161, Tax Year: 2024
Utilities
Water Included
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