Active

175 E Spruce Street

Elizabeth CO, 80107

$2,200,000


$210.97 per sqft

Active

10,428 sqft

Commercial

Built in 1997

12 unit apartment in the village of Elizabeth Colorado. First time on the market. 45 minutes to the Denver metro area. Currently 100% leased.. Original owner and builder. 12 two bedroom, 1 bath single level apartments. All are ranch style units. Each apartment has it own elec. and gas meter, building owner pays water, sewer, taxes, trash pickup and insurance. Each unit has a fire sprinkler system. Cable is available no satellite dishes. Stove/range/oven, refrigerator, washer and dryer in all units. 2 story building with parking on each level. Five of the upper level apartments are leased for $1,350.00 per month and one of the upper level is still at $1,200.00 per month, lower level apartments are all leased for $1,250.00 per month. Just a short half block walk to the park. 10 water heaters replaced in 2023 and one in 2024, and the other water heater in the last 3 years. 8 new GFA furnaces installed in 2024 and the other 4 in the last 3 years

1538010

MLS ID

January 8, 2024

Listed

December 22, 2024

Updated

Map

175 E Spruce Street
Elizabeth CO, 80107

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.51 Acres


Architectual Style

Traditional


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$5,997


Tax Frequency

Annually


Garage

No


Parking

Asphalt


Parking Total

24


View

No


County

Elbert


Water Source

Public


Pool

No


Zoning

ER-3

Listing History

Date

Event

Price

2/29/2024

Active

2/14/2024

Pending

Listed by RE/MAX Alliance, Bill Dixon, Listing Contact: [email protected],303-865-5127 
 

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