1515 Poplar Street

Leadville, CO 80461
Square Ft.
2,600
$1,100,000
1515 Poplar Street presents a compelling opportunity in the heart of Leadville, Colorado—a former motel now operated as a 13-unit apartment building on a well-positioned corner lot spanning over 13,547 square feet. Zoned B, the property offers exceptional flexibility for investors or developers seeking to capitalize on Leadville’s rapid residentialRead MoreRead Less
Market LogoCourtesy of NorthPeak Commercial Advisors, LLC [email protected]
Listing Snapshot
Days Online
157
Last Updated
Property Type
Multi Family
Square Ft.
2,600
Lot Size
0.31 Acres
Year Built
1964
MLS Number
7204130
30 Days Snapshot Of 80461
$607k
-2%
(avg) sold price
13
+30%
homes sold
156
+56%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Effective Year Built: 1964, Total Area: 2600, Unit Count: 1, Unit Types: "Array", Built in 1964, 13 total units
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Professional Management", "Real Estate Tax", "Utilities", Operating Expense: $44,560, Projected Annual Expense: $51,685
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: 90720.00, Gross Income: $135,280, Projected Annual Net Income: $120,275, Projected Gross Income: $171,960
Lot
Acres: 0.31, Area: 13547, Parcel Number: 263323109016, Square Feet: 13547
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, Zoning: C1
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 1670, Legal Description: LOTS 1509, 1511, 1513, 1515 1517, 1519, BLK 502,, CAPITAL 324/294 472/181 472/382 473/171 473/491, 473/516 LUCKY JB MOTEL 515/508-9, 571/166, 571/167, 355584, Tax Year: 2024
Utilities
Water Included
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Sarah Manshel
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.