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401 N Silver Street, Lake City, CO 81235

Lake City
Local realty services provided by:CENTURY 21 West Slope Realty
401 N Silver Street,Lake City, CO 81235
$499,000
  • - Beds
  • 7 Baths
  • 4,015 sq. ft.
  • Multi-family
  • Active
Listed by: kelsey loftis
Office: crystal peak properties970-784-6768
MLS#:822616
Source:CO_CREN

Price summary

  • Price:$499,000
  • Price per sq. ft.:$124.28

About this home

Investment Opportunity awaits! If you're seeking a property with income potential nestled in one of Colorado's prime outdoor recreation destinations, look no further. The property at 401 N Silver St in Lake City, CO, is a unique offering comprised of six distinct rental units. Built in 1960, this multi-family property is perfect for investors aiming to capture rental income from a steady stream of outdoor enthusiasts and locals alike. This 4,015-square-foot building is divided into six units: one 3-bedroom unit with a 3/4 Bath on the main level and a 3/4 Bath upstairs, one 2-bedroom unit with a full bathroom, and four 1-bedroom units, each equipped with a 3/4 bathroom. The diversity in unit size offers flexibility for various tenant needs, appealing to different segments within the rental market. Situated in the heart of Lake City, this property's location is its standout feature. Lake City is renowned for its breathtaking scenery and wealth of outdoor activities. It's home to the...

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Home facts

  • Year built:1960
  • Listing ID #:822616
  • Added:467 day(s) ago
  • Updated:July 10, 2026 at 02:32 PM

Rooms and interior

  • Total bathrooms:7
  • Full bathrooms:1
  • Flooring:Carpet, Laminate
  • Dining Description:Eat-In Kitchen
  • Kitchen Description:Microwave, Range Top, Range/Oven, Refrigerator
  • Living area:4,015 sq. ft.

Structure and exterior

  • Roof:Metal
  • Year built:1960
  • Building area:4,015 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Contemporary
  • Construction Materials:Cedar
  • Foundation Description:Concrete
  • Levels:2 Story

Schools

  • High school:Lake City K-12
  • Middle school:Lake City K-12
  • Elementary school:Lake City K-12

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$124.28
  • Tax amount:$1,466

Features and amenities

  • Amenities:Unfurnished

Parking

  • Parking description:Attached Garage
  • Garage spaces:1
MLS LogoSOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. WARRANTY: COLORADO REAL ESTATE NETWORK (CREN) MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. COLORADO REAL ESTATE NETWORK SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. 2026 by COLORADO REAL ESTATE NETWORK” 121 Park Avenue #4 MONTROSE, CO 81401 USA ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN). PUBLISHERS NOTE: All information is deemed reliable by is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex,, handicap, familial status, or national origin. Please check with your local government agency for more information. CO_CREN Member Broker: Jerald Cauley

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