$2,200,000
Accepting Backup Offers

175 E Spruce Street

Elizabeth, CO 80107
10428 sqft | 0.51 acres | #1538010
Listing OfficeRE/MAX Alliance
Type:Multi-Family
Structure:Commercial
Zone:Commercial

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. This building was originally built to be converted to condominiums and the current ownar has done quite a bit of the footwork to complete this converision. 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

  • Property Details
      • Utility FeaturesCable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
      • Structure TypeFree Standing
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti-Family
      • Original List Price$2,200,000
      • MLS #1538010
      • Cost2200000
      • MLS #1538010
      • Utility SourcePublic
      • CountyElbert
      • Taxes Annual$5,810
      • Square Feet10428
      • Acres0.51
      • Year Built1997

Location

Legal

Based on information submitted to the MLS GRID as of 2025-02-08 03:10:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: . Source: RECOLORADO

Listing Courtesy
Listing Agent: Bill Dixon (#REC266941), Phone: 303-865-5127, Email: billdixonrealestate@comcast.net
Listing Office: RE/MAX Alliance (#RECREM03)

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    Based on information submitted to the MLS GRID as of 2025-09-01 22:49:55 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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