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560 Spruce Street, Aspen, CO 81611

$4,500,000
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 1,775 Lot Size (sq. ft.): 3,982 Status: Active
Current Price: $4,500,000 List Date: 1/03/2024 Last Modified: 1/23/2024

Description

Charming old legal duplex (both units, upstairs and downstairs) in the city of Aspen at the base of Smuggler Mountain on Spruce Street. Views of Aspen Mountain, Smuggler Mtn., and Mount Sopris. Property is not classified historic. Rents well and comes fully furnished. Recent interior remodel in 2021. Upstairs unit is one bedroom/one bath facing South with views of Aspen Mountain with no rental restriction. Downstairs unit is four bedrooms/four bath with rental restrictions, however there is a March 21, 2023 City of Aspen approval allowing reconfiguration to a single family dwelling and vacation of the deed restriction. $64,000 in lieu fee to comply with the City of Aspen requirement for conversion to a single-family home has been paid. Existing recent approval to build a garage on the property. No covenants, no HOA, and no architectural committee. Great location within walking distance to downtown Aspen restaurants and shopping. Pets allowed, fenced yard, security system, and dedicated off street parking. Patio/deck downstairs. Upstairs portion features deck/balcony. Vacant and easy to show.

More Information MLS# 182129

Location Info

Current Price: $4,500,000 Type: Duplex Right of First Refusal: No Major Area: Aspen Area: 01-Smuggler Original List Price: 4500000 Asking Price: 4500000 Street #: 560 Street Name: Spruce Street Suffix: Street City/Town: Aspen State/Province: CO Postal Code: 81611 Furnished: Yes

Keywords Info

Bedrooms: 5 Total Baths: 5 Baths - Full: 5 Lot Size: 3,001 - 6,000 Acreage: Refer to Lot Size Garage: None Pre-Fabricated Home: No

Listing Info

Listing Date: 2024-01-02 Seller is licensed Realtor: No REO: No Member Association: Aspen Association County: Pitkin

General Info

Sub/Loc: Spruce Street Legal: Subdivision: SPRUCE STREET Lot: 1 Zoning: DUP/TRIPLEXES-LAN Nbr of Acres: 0.09 Lot SqFt: 3982 Lv Ht SqFt: 1775 Total SqFt: 1775 Price/LvH SqFt: 2535.21 Levels: 2 Main Floor Master: Yes Short Termable: Yes Year Built: 1970 Year Remodeled: 2021 Unit Faces: Southwest Parcel #: 273707418001 Directions: Spruce Street near Gibson

Financing Info

Metro Tax District: No Taxes: 5227.2 Tax Year: 2022 Transfer Tax: Yes HOA Dues Y/N: No HOA Transfer Fee: No

Status Change Info

Status: Active

Remarks

Public Remarks: Charming old legal duplex (both units, upstairs and downstairs) in the city of Aspen at the base of Smuggler Mountain on Spruce Street. Views of Aspen Mountain, Smuggler Mtn., and Mount Sopris. Property is not classified historic. Rents well and comes fully furnished. Recent interior remodel in 2021. Upstairs unit is one bedroom/one bath facing South with views of Aspen Mountain with no rental restriction. Downstairs unit is four bedrooms/four bath with rental restrictions, however there is a March 21, 2023 City of Aspen approval allowing reconfiguration to a single family dwelling and vacation of the deed restriction. $64,000 in lieu fee to comply with the City of Aspen requirement for conversion to a single-family home has been paid. Existing recent approval to build a garage on the property. No covenants, no HOA, and no architectural committee. Great location within walking distance to downtown Aspen restaurants and shopping. Pets allowed, fenced yard, security system, and dedicated off street parking. Patio/deck downstairs. Upstairs portion features deck/balcony. Vacant and easy to show.

Electric

Yes: Public

Property Features

Laundry Facility: Laundry Room Style: Two Story Construction: Frame Exterior: Wood Siding Substructure: Crawl Space Roof: Metal; Tar & Gravel Condition: Good Heating: Forced Air; Natural Gas Gas: Natural Gas Sanitation: Sewer Parking Area: Common Possession: DOD Extras: Cable TV; Fence; Patio/Deck; Security System; Storage Shed Terms Offered: Cash Disclosures: Deed Restrict Mineral Rights: No Water Rights: No Documents on File: House Plans Location Amenities: Corner Lot; Exposure, Southern; Trees; Views Sign: Yes Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer
Listing Office: Leverich and Carr Real Estate
Last Updated: January - 23 - 2024
560 Spruce Street, Aspen, CO 81611- MLS# 182129
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Broker Attribution: (970) 925-5400

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