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Property profile & analytics
OFF-MARKET
Commercial real estate

921 Mount Massive Dr Leadville, CO 80461

896 SF Built 1961
Property ID
US13-0296231
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1961
Total area 896 SF
UPID US13-0296231
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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