3305 S Clarkson Street, Englewood, CO 80113

Property Description

Sprucewood Apartments is a 17-unit multifamily community, offers a rare south facing garden-style walk-up investment opportunity in the Health and Wellness District of Downtown Englewood. Built in 1971, this 11,511 SF property features a durable brick exterior, a new boiler, and assigned off-street parking. The unit mix consists of (3) two-bedroom, one-bath units and (14) one-bedroom, one-bath units, all individually metered for electricity. Residents enjoy all-electric kitchens, individual A/C units and hot water heat from a central boiler. Additional amenities include a landlord-owned laundry facility, private storage units, and a sprinkler system. Mature landscaping and a patio enhance the residential appeal, while the property’s corner lot provides strong visibility on E Floyd Ave & Clarkson Street. Zoned MU-R-3-C, this asset presents a compelling investment opportunity. *Sellers Financing is Assumable at a 3.75% Principal & Interest