175 E Spruce Street, Elizabeth, CO


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About 175 E Spruce Street

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 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. This property is only a half block from the park, and 1 block from a second 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

Features of 175 E Spruce Street

MLS® # 8896904
Price $2,200,000
Acres 0.52
Year Built 1997
Type Income
Sub-Type Apartments(6+ Units)
Status Active

Community Information

Address 175 E Spruce Street
Subdivision Elizabeth Phillips Add
City Elizabeth
County Elbert
State CO
Zip Code 80107


Utilities Electricity, Cable, Natural Gas


Appliances Dishwasher, Disposal, Kitchen Vent Fan, Range Oven (Gas/Elec), Refrigerator, Dryer, Oven, Washer
Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s)
Fireplace No
Fireplaces None
Has Basement No


Exterior Alum/Vinyl/Steel
Roof Composite Shingle
Foundation Slab

School Information

District C-1-Elizabeth

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Alliance Parker

Listing Map

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