6-Unit Apartment
For Sale
$499,000
401 N Silver Street, Lake City, CO 81235
Rental property offers a mix of one-, two-, and three-bedroom residences in Lake City.
Property Size4,015 SF
Price / SF$124.28
Days on Market513
Property Features for 401 N Silver Street
General Information
Standard status
Active
Size
4,015 SF
Property subtype
Multi Family
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA, 4 x 1BR/1BA
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$1,466
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Crystal Peak Properties
(970) 784-6768
Listed By:
Kelsey Loftis · License #ER100085968
(970) 784-6768
Source:
Exitrealty
Added: Apr 5, 2025
Changed: Aug 30
Last Checked: Aug 30 at 6:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crystal Peak Properties
Investment Insights
Based on property information with market context.
Built in 1960, this 4,015-square-foot multifamily building contains six separate rental units. The configuration includes one three-bedroom residence with a 3/4 bath on the main level and another 3/4 bath upstairs, one two-bedroom residence with a full bathroom, and four one-bedroom residences, each with a 3/4 bathroom. Foundation repairs have been completed. Buyer to verify all square footage.
The property is located at 401 N Silver Street in Lake City, Colorado. Local outdoor destinations identified in the property information include the Alpine Loop, Lake San Cristobal, and opportunities for hiking, off-road driving, ice climbing, boating, kayaking, paddle boarding, and ice fishing. These recreational features contribute to the area’s year-round visitor activity and support both short-term and long-term rental use.
The property is located at 401 N Silver Street in Lake City, Colorado. Local outdoor destinations identified in the property information include the Alpine Loop, Lake San Cristobal, and opportunities for hiking, off-road driving, ice climbing, boating, kayaking, paddle boarding, and ice fishing. These recreational features contribute to the area’s year-round visitor activity and support both short-term and long-term rental use.
Key Highlights
- Six rental units within a 4,015‑square‑foot multifamily building
- Unit mix includes one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom residences
- 3‑bedroom unit has a 3/4 bath on the main level and a second 3/4 bath upstairs
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 81235, CO
728
Population
1,008
Households
0.7
Avg Household Size
54
Median Age
48%
College-Educated
100%
High-School Grad
534.6 sq mi
ZIP Area
1
Density / Sq Mi
$67,750
Median Household Income
$39,412
Median Earnings
$1,099
Median Rent
$456,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Rental property offers a mix of one-, two-, and three-bedroom residences in Lake City.
Where is this apartment building located?
The property is located at 401 N Silver Street Lake City, CO.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Six rental units within a 4,015‑square‑foot multifamily building; Unit mix includes one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom residences; 3‑bedroom unit has a 3/4 bath on the main level and a second 3/4 bath upstairs
