Address
175 E Spruce Street, Elizabeth, CO
Price
$ 2,200,000
Property Attributes
  • MLS#8896904
  • TypeIncome
  • CountyELBERT
  • CityElizabeth
  • AreaElizabeth C
  • NeighborhoodElizabeth Phillips Add
  • Zip80107
  • StyleAptmts(6+Units)
  • Year Built1997
  • Taxes$ 5997
  • Price$ 2,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.519 Acres
Data Source:
Pikes Peak MLS (PPMLS)
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 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

Price History
1/12/2024 Listed $2,200,000

General Features

Utilities Cable Available,Electricity Connected,Natural Gas
Roof Composite Shingle
Appliances Dishwasher,Disposal,Dryer,Kitchen Vent Fan,Oven,Range,Refrigerator,Washer
Water Municipal
School District Elizabeth C-1
Property Type Income
Yearly Taxes 5997.32
Tax Year 2022
Status Active
Sub Type Aptmts(6+Units)

Interior Features

Unit Count 1
Laundry Facility Electric Hook-up
Fireplace None

Exterior Features

Siding Alum/Vinyl/Steel
Fence See Prop Desc Remarks
Structure Framed on Lot,Stone,Frame
Lot Size 22608.0000
Foundation Slab
Lot Size Area 22608.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 80107

Price
AVG $2.2M
$2.2M
Taxes
AVG $5,997
$5,997
Visits
AVG 146
146
Data Provided by Inside Real Estate®
Year Built
AVG 1997
1997

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