Homes for sale - 175 E Spruce ST, Elizabeth, CO 80107

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Doug Young - Managing Broker

info@tctrealestate.com +1(720) 600-2182

$ 2,200,000

Est. payment | -/mo

0.51 Acres Lot

Save

$ 2,200,000

Est. payment | -/mo

Save

0.51 Acres Lot

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. 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

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

Listing Terms Cash, Conventional

Special Listing Condition None

Listed by RE/MAX Alliance • billdixonrealestate@comcast.net,303-865-5127

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(720) 600-2182

info@tctrealestate.com

2990 N Litchfield Rd, Goodyear, AZ, 85395, USA

175 E Spruce ST Elizabeth, CO 80107