175 E Spruce Street, Elizabeth, CO

$2,200,000

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0.52

Acres

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

Amenities

Utilities Electricity, Cable, Natural Gas

Interior

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

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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