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.
526 days
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97
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Zillow last checked:
Listing updated:
Listed by:
Michael MurphyC:719-849-1441,
Murphy Real Estate,
Sandy Murphy,
Murphy Real Estate
Source: CREN,MLS#: 821608
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 5
Full bathrooms: 3
3/4 bathrooms: 2
Appliances
Included: Range, Refrigerator
Features
Flooring: Laminate, Linoleum
Basement: Crawl Space
Interior area
Total structure area: 3,096
Total interior livable area: 3,096 sqft
Property
Parking
Parking features: Off Street
Features
Levels: Two
Stories: 2
Has view: Yes
View description: Mountain(s)
Frontage length: 50'-75' Frontage
Lot
Size: 9,147 Square Feet
Features: Corner Lot
Details
Parcel number: 450934225006
Zoning description: Other
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Materials
Wood Siding
Roof: Metal
Condition
New construction: No
Year built: 1977
Utilities & green energy
Water: City Water
Utilities for property: Metered for Electricity, Metered for Water