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2315 Spruce Street

Boulder, CO 80302
  • $3,150,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: IR1029896
Price Reduced
UPDATED: 65 min ago
$3,150,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,292
    SQFT
  • $734
    $/SQFT
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by The Landmark Group.

Description

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, makes this an enviable choice for The University of Colorado, Naropa University and professionals alike. Step into this turn key income property with ample parking and leases in place until August 2026.

Monthly Payment Calculator



Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.yourdenverhomesource.com/homes/162112624
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2315 Spruce Street Boulder, CO 80302

  • Price: $3,150,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 65 min ago
  • ID#: IR1029896
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,292
SQFT
$734
$/SQFT
1976
Built
Neighborhood:
Boulder O T East & West & North
County:
Boulder
Area:
Boulder
Elementary School:
Whittier E-8
Middle School:
Casey
High School:
Boulder
School District:
Boulder Valley Re 2
Property Description
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, makes this an enviable choice for The University of Colorado, Naropa University and professionals alike. Step into this turn key income property with ample parking and leases in place until August 2026.
Exterior Features

Construction Materials StoneFrame Lot Features Flood Zone Parking Total 7 Patio And Porch Features Patio Road Frontage Type Public Road Surface Type Alley PavedPaved Roof CompositionMembrane

Interior Features

Appliances Disposal Basement Crawl Space Basement YN No Cooling Ceiling Fan(s) Flooring Wood Heating Hot Water Interior Features Eat-in Kitchen Levels Two Main Level Bedrooms 0

Property Features

Association YN No Building Area Source Assessor Comparable Listing YN No Direction Faces Southwest Exclusions Tenants possessions Gross Income 16895 HVACDescription Ceiling Fan Income Includes Rent Only Listing Terms 1031 ExchangeCashConventional Net Operating Income 172261 Operating Expense 30479 Ownership Individual Possession Rental Agreement Property Attached YN Yes Property Sub Type Quadplex Restrictions Covenants YN No Security Features Smoke Detector(s) Sewer Public Sewer Sewer Tap YN No Tax Annual Amount 16479 Tax Legal Description LOT 9 BLK 131 EAST BOULDER Tax Year 2024 Tenant Pays ElectricityGasTrash CollectionWater Utilities Cable AvailableElectricity AvailableInternet Access (Wired)Natural Gas Available Water Source Public Zoning RES

REcolorado logo Listing courtesy of The Landmark Group:3035503400. MLS #IR1029896


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Griffith Home Team | Re/Max Professionals
10111 Inverness Main St., Suite P
Englewood CO, 80112
REcolorado logo Offered by The Landmark Group.