548 Spruce Street, Aspen, CO 81611
$3,550,000
Property Type:
Residential
Bedrooms:
5
Baths:
4
Square Footage:
2,958
Lot Size (sq. ft.):
7,554
Status:
Closed
Current Price:
$3,550,000
List Date:
10/16/2023
Last Modified:
9/05/2024
Description
Invest in Your Aspen Dream: Development Property with Rental Income! Nestled in a serene neighborhood within walking distance to downtown, this duplex lot offers an enticing investment opportunity with the added bonus of owner-occupancy potential. Outfitted with two separate homes, it presents the ideal scenario for living in one unit while renting out the other, providing both flexibility and income potential. Additionally, the quiet neighborhood setting ensures a peaceful retreat while remaining close to the heart of the action. Contact me for more information today or to schedule a showing! Partial Owner Financing will be considered.
More Information MLS# 181392
Location Info
Current Price: $3,550,000
Type: Single Family Residence
Lot Size: 6,001 - 12,000
Major Area: Aspen
Area: 01-Smuggler
Original List Price: 5500000
Asking Price: 4695000
Street #: 548
Street Name: Spruce
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Furnished: No
Keywords Info
Bedrooms: 5
Total Baths: 4
Baths - Full: 2
Baths - 3/4: 2
Acreage: Unknown
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2023-09-12
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Member Association: Aspen Association
County: Pitkin
ADU: Yes
General Info
Sub/Loc: Spruce Street
Legal: SUBDIVISION: WILLIAMS ADDITION BLOCK: 10 LOT: 1 AND:- LOT: 2
Zoning: R-6
Nbr of Acres: 0.17
Lot SqFt: 7554
Lv Ht SqFt: 2958
LvHtSqFt (Abv Grnd): 2958
Total SqFt: 2958
Price/LvH SqFt: 1587.22
Levels: 3
Main Floor Master: No
Short Termable: No
Year Built: 1888
Year Remodeled: 1995
Parcel #: 273707410031
Directions: Mill Street North toward Red Mountain, right on Gibson, left on Spruce Street. Home is on the right, before the curve.
Home Performance Programs
Energy Star Rated: No
Financing Info
Metro Tax District: No
Taxes: 5447.6
Tax Year: 2022
Transfer Tax: Yes
HOA Dues Y/N: No
HOA Transfer Fee: No
Status Change Info
Status: Closed
Under Contract Date: 2024-07-26
Proposed Close Date: 2024-08-30
Sold Date: 2024-09-04
Sold Price: $3,550,000
Sold Price Per/SF: 1200.14
Remarks
Public Remarks: Invest in Your Aspen Dream: Development Property with Rental Income! Nestled in a serene neighborhood within walking distance to downtown, this duplex lot offers an enticing investment opportunity with the added bonus of owner-occupancy potential. Outfitted with two separate homes, it presents the ideal scenario for living in one unit while renting out the other, providing both flexibility and income potential. Additionally, the quiet neighborhood setting ensures a peaceful retreat while remaining close to the heart of the action. Contact me for more information today or to schedule a showing! Partial Owner Financing will be considered.
Electric
Yes: Public
Fireplace
# Fireplaces: 2
Property Features
Laundry Facility: Laundry Room
Style: Two Story
Construction: Frame
Exterior: Wood Siding
Substructure: Crawl Space
Roof: Composition Shingles
Condition: Good
Heating: Hot Water
Gas: Natural Gas
Cooling: None
Sanitation: Sewer
Fireplace: Wood Burning
Carport: None
Parking Area: Common
Possession: Negotiable
Extras: Cable TV; Fence; Guest/Caretaker Qtrs; Patio/Deck; Storage Shed
Terms Offered: Cash
Disclosures: 1031 Exchange
Mineral Rights: No
Water Rights: No
Location Amenities: Gentle Topo
Sign: Yes
Inclusions: Microwave; Oven; Stove Top
Exclusions: Ceiling Fan; Dishwasher; Dryer; Freezer; Refrigerator; Washer
Main House Flo Plan ›Listing Office: Berkshire Hathaway Home Services Signature Properties
Last Updated: September - 05 - 2024
Broker Attribution:
(970) 429-8275
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