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$649,000
Est. payment /mo
5 Baths
3,096 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,096 sqft
Price per Sqft $209
MLS Listing ID 821608
Style Garden/Low Rise Apts
Full Baths 3
Three Quarter Bath 2
Year Built 1977
Annual Tax Amount $1,851
Tax Year 2025
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Fourplex
Property Description
The Cleborn multi-family complex is an excellent investment opportunity, featuring four unique units and an additional rental suite. Each apartment has its own distinct floor plan, with two units offering full bathrooms and two with three-quarter bathrooms. The rental suite includes a spacious 5-piece bath, providing options for future modifications, such as adding a kitchenette to create a studio apartment or extending it into a one-bedroom unit. Amenities at the complex enhance tenant convenience, with on-site laundry facilities, off-street parking, and outside decks that offer captivating mountain views. The property is situated on a 0.21-acre lot that is partially treed, providing ample parking space. A recently updated Quonset hut offers valuable storage for vehicles, recreational equipment, and maintenance tools. The complex has a good rental history, with 3 units currently rented and the owners occupying the other. Location is a standout feature, as the complex is close to the Lake Fork of the Gunnison River, Memorial Park, and historic downtown Lake City. Residents can easily access walking trails, restaurants, and shopping, making this well-maintained property an attractive choice for investors.
Location
State CO
County Hinsdale
Zoning Other
Rooms
Basement Crawl Space
Interior
Flooring Laminate, Linoleum
Inclusions Range/Oven, Refrigerator
Furnishings Partially Furnished
Exterior
View Mountains
Roof Type Metal
Building
Story Two Story
Foundation Crawl Space
Sewer City Water
Water City Water
New Construction No
Schools
Elementary Schools Lake City K-12
Middle Schools Lake City K-12
High Schools Lake City K-12
Others
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Listed by Murphy Real Estate
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