Boulder, CO 80302 2315 Spruce St
$2,975,000
35 more
Presented By: The Landmark Group; 3035503400
Beds • 15
Baths • 6
SQFT • 4,292
Home Details
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.
Presented By: The Landmark Group; 3035503400
Interior Features for 2315 Spruce St
Bedrooms
Total Bedrooms15
Bathrooms
Total Baths6
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementCrawl Space
Fireplace Y/NNo
FlooringWood Floors
Heating Y/NYes
Interior AmenitiesHigh Speed Internet, Eat-in Kitchen
General for 2315 Spruce St
AppliancesAll Appliances, Disposal
Attached Garage No
Cap Rate5.79
CityBoulder
Construction MaterialsWood/Frame, Stone
CoolingCeiling Fan(s)
CountyBoulder
ElectricElectric, Xcel
Elementary SchoolWhittier, Whittier
ExclusionsTenants possessions
Facing DirectionSouthwest
Garage Y/NNo
Gas Y/NNatural Gas, Xcel
Gross Income202740
HOANo
HeatingHot Water
High SchoolBoulder
High School DistrictBoulder Valley Dist RE2
Land Lease Y/NNo
LevelsTwo
Living Area UnitsSquare Feet
Lot Size Square Feet6752
Lot Size UnitsSquare Feet
MLS AreaBoulder
Middle/Junior High SchoolCasey
Net Operating Income172261
New ConstructionNo
Number Of Units Total4
Operating Expense30479
Other StructuresStorage
Patio/Porch FeaturesPatio
Possible UseMulti-Family
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition, Rubber
Senior Community Y/NNo
SewerCity Sewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameBoulder O T East & West & North
Tax Annual Amount16479
Tax Year2024
Tenant PaysDeposit, Gas, Electricity, Water, Sewer, Trash Collection
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Waterfront Y/NNo
Year Built1976
ZoningRES
Exterior for 2315 Spruce St
Exterior AmenitiesLighting
FencingFenced
Horse Y/NNo
Lot FeaturesGutters, Sidewalks, Fire Hydrant within 500 Feet
Lot Size Acres0.16
Lot Size Area6752
Other ParkingParking Per Unit(1.5 Spaces/Unit)
Parking FeaturesAlley Access
Road Frontage TypeCity Street
Road Surface TypePaved
SpaNo
Water SourceCity Water, City of Boulder
Additional Details
Price History
Schools
High School
Boulder High School
Middle School
Casey Middle School
Elementary School
Whittier Elementary School
