2315 Spruce Street

Boulder, CO 80302
Square Ft.
4,292
$2,975,000
Extremely high performing 4-plex in an outstanding area of town creating a steady tenant pool for years to come. This building has a long history of solid rental growth, experiencing 10% plus rent increases each of the last 2 years. Tenants appreciate the updates, including washers/dryers, dishwashers and private patios,Read MoreRead Less
Market LogoCourtesy of The Landmark Group 303-550-3400
Listing Snapshot
Days Online
38
Last Updated
Property Type
Quadruplex
Square Ft.
4,292
Lot Size
0.16 Acres
Year Built
1976
MLS Number
IR1029896
30 Days Snapshot Of 80302
$1.18M
-55%
(avg) sold price
16
-44%
homes sold
97
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Surface Type: "Alley Paved", "Paved"
Appliances & Equipment
"Disposal"
Basement
"Crawl Space", Bedrooms: 0
Building
Construction Materials: "Stone", "Frame", Direction Faces: Southwest, Levels: "Two", Occupant Type: Tenant, Total Area: 4292, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1976, 4 total units
Cooling
Cooling: "Ceiling Fan(s)"
Disclosures
Exclusions: Tenants possessions
Expenses
Operating Expense: $30,479
Exterior Features
Patio And Porch Features: "Patio"
Floors
Flooring: "Wood"
Heating
Heating: "Hot Water"
Heating & Cooling
Description: Ceiling Fan
Income
Gross Income: $16,895, Income Includes: "Rent Only", Net Operating Income: $172,261, Projected Gross Operating Income: $202,740
Interior Features
Features: "Eat-in Kitchen"
Lot
Acres: 0.16, Features: "Flood Zone", Parcel Number: R0000796, Square Feet: 6752
Owner Pays
Ownership: Individual
Parking
Parking Total: 7
Property
Possible Use: "Multi-Family", Property Sub Type: Quadruplex, Zoning: RES
Roof
Roof: "Composition", "Membrane"
Security Features
Features: "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 16479, Legal Description: LOT 9 BLK 131 EAST BOULDER, Tax Year: 2024
Tenant Pays
Tenant Pays: "Electricity", "Gas", "Trash Collection", "Water"
Utilities
Utilities: "Cable Available", "Electricity Available", "Internet Access (Wired)", "Natural Gas Available", Water Source: "Public"
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