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$ 2,200,000
Est. payment /mo
Active
175 E Spruce ST Elizabeth, CO 80107
0.51 Acres Lot
UPDATED:
01/11/2025 04:02 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1538010
Style Traditional
HOA Y/N No
Originating Board recolorado
Year Built 1997
Annual Tax Amount $5,997
Tax Year 2022
Lot Size 0.510 Acres
Acres 0.51
Property Description
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. The upper level apartments are leased for $1,350.00 per month, lower level apartments are 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
Location
State CO
County Elbert
Zoning ER-3
Interior
Fireplace N
Exterior
Parking Features Asphalt
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Composition
Total Parking Spaces 24
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by RE/MAX Alliance • billdixonrealestate@comcast.net,303-865-5127