For Sale
$2,403,000

921 Mount Massive Dr Leadville, CO 80461

Seven-unit townhome complex, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional multifamily investment opportunity presents seven townhomes situated at 921 Mt Massive Dr, Leadville, CO 80461. Built in 1961 and extensively renovated in 2024, this one-building, two-story complex offers a mix of fully and partially remodeled units, providing immediate income potential and flexibility for future upgrades. Each unit boasts approximately 896-921 square feet of living space, featuring 2 bedrooms and 1-1.5 bathrooms. Three units have undergone complete renovations, while four offer partially completed renovations, allowing for customization or immediate rental. Residents enjoy the convenience of two covered decks with mountain views, fenced rear patios, and ample off-street parking (21 spaces total, approximately 3 per unit). Additional features include under-stair storage and walk-in closets. The property's prime location offers easy access to downtown Leadville's shops and restaurants, and is adjacent to the Mineral Belt recreational trail. Nearby recreational opportunities abound, including proximity to Ski Cooper (10 minutes), Copper Mountain (25 miles), Vail, and Breckenridge (35 miles). The HOA covers a comprehensive range of services, including electricity, gas, heat, water, sewer, snow removal, trash, grounds maintenance, insurance, and management. This property represents a compelling investment in a high-demand rental market within a vibrant mountain town. The permitted zoning is residential.

Highlights

  • Seven townhomes in a two-story building at 921 Mt Massive Dr, Leadville, CO.
  • Completely renovated in 2024, offering a mix of fully and partially renovated units.
  • Each unit features approximately 896-921 sq ft, 2 bedrooms, and 1-1.5 bathrooms.
  • Amenities include two covered decks, fenced patios, and 21 off-street parking spaces.
  • Prime location near downtown Leadville, the Mineral Belt Trail, and major ski resorts (Ski Cooper, Copper Mountain, Vail, Breckenridge).
  • HOA covers electricity, gas, heat, water, sewer, snow removal, trash, grounds maintenance, insurance, and management.

Property Details for 921 Mount Massive Dr

Property type
Commercial real estate
Square Feet
896 SF
Year Built/Renovated
1961/2024
Buildings
1
Stories
2
Units
7

Location Insight

City
Leadville
County
Lake
State
Colorado
Latitude
39.2504471
Longitude
-106.3005569

FAQs

What type of property is this?
Commercial real estate - Seven-unit townhome complex, prime location.
Where is the commercial real estate located?
The property is located at 921 Mount Massive Dr Leadville, CO.
What is the asking price?
The asking price for this property is $2,403,000.
What are key features of this property?
This property features: Seven townhomes in a two-story building at 921 Mt Massive Dr, Leadville, CO.; Completely renovated in 2024, offering a mix of fully and partially renovated units.; Each unit features approximately 896-921 sq ft, 2 bedrooms, and 1-1.5 bathrooms.
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921 Mount Massive Dr
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