928 Ocean Wave Drive Active

Lake City,CO 81235

$ 600000

0 Bed

8 Baths

3750 SqFt


Key Details

Property Type Multi-Family

Sub Type Apartment Bldg.

Listing Status Active

Purchase Type For Sale

Square Footage 3,750 sqft

Price per Sqft $160

MLS Listing ID 812223

Style Other

Half Baths 1

Three Quarter Bath 7

Year Built 1983

Annual Tax Amount $4,946

Tax Year 2023

Lot Size 0.500 Acres

Acres 0.5

Property Sub-Type Apartment Bldg.

Property Description

Nestled in the picturesque town of Lake City, Colorado, this apartment building offers a captivating blend of charm and convenience. Boasting 5 studio apartments, and 3 1-bedroom apartments, it presents a unique investment opportunity. Situated on a spacious .50-acre lot, there's ample room for expansion or additional development. Conveniently located with easy access from State Highway 149, the property resides in the General Business zoning district, just across from the scenic Lake Fork of the Gunnison River. Essential amenities including a grocery store, bakery, and gas station are within close proximity, while the historic downtown area of Lake City is just a short distance away. Presently, all apartments are leased on a flexible month-to-month basis, contributing to the property's stellar rental history characterized by long-term tenants. Priced competitively and primed for acquisition, seize the opportunity to explore this promising investment. Contact us today to schedule a viewing.

Location

State CO

County Hinsdale

Zoning Other

Rooms

Basement Slab

Interior

Flooring Carpet,Laminate,Linoleum,Tile

Inclusions Range/Oven,Refrigerator

Furnishings Unfurnished

Exterior

View Mountains

Roof Type Metal

Building

Story Two Story

Foundation Slab

Sewer City Sewer,City Water

Water City Sewer,City Water

New Construction No

Schools

Elementary Schools Lake City K-12

Middle Schools Lake City K-12

High Schools Lake City K-12

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