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2315 Spruce St, Boulder, CO 80302

$2,500,000
  • bed

  • bath

Multi-family for sale 2 hours

About 2315 Spruce St

Property type Multi-family
Neighborhood
Year built 1976
HOA fee $0/month
Lot size 6,970 Sqft
Movoto estimate
Rental estimate
Property description
Extremely high performing 4-plex in an outstanding area of town creating a steady tenant pool for years to come. This Smart-Reg 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, LVP flooring 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 July 31, 2027. Seller will replace the roof prior to closing.
Listed by
Listing Agent - Matt DePofi
Listing Agent Contact: 3037369882
Listing Office - The Landmark Group
Source: IRESMLS mls logo
MLS#1067938 • last updated 2 hours ago
Movoto checked IRESMLS for data 5 minutes ago
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Overview
Heating Hot Water
Levels/Style Two
MLS # 1067938
Type Residential Income
Status Active
SubType Multi Family
Lot Size (Acres) 0.16
Annual Tax 17009
Interior
Basement Crawl Space
Window Features Window Coverings
Exterior
Roof Composition
Construction Frame, Stone
Patio & Porch Patio
Lot Features Level, Paved, Curbs, Gutters, Sidewalks, Street Light, Alley, Fire Hydrant Within 500 Feet
Fencing Fenced
Amenities / Utilities
Utilities Natural Gas Available, Electricity Available, High Speed Avail
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances All Appliances, Disposal, Fire Alarm
Location
County Boulder
Subdivision Boulder O T East & West & North
Middle School Casey
High School District Boulder Valley Dist RE2
APN R0000796
Directions Folsom St North, Cross Pearl St, West On Spruce St
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer
Total # of Units 4
Cap Rate 7.08
Operating Expense 34009
Income Includes Lease/Rents
Gross Income 210900
Lot/ Land Details
Possible Use Multi-Family
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Source: GreatSchools.org © 2026. All rights reserved.

Around Whittier

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81/100
Walk
64/100
Family
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Dining
87/100
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  • 2315 Spruce St

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