About this property

$4,500,000 | 560 Spruce Street, Aspen, CO 81611

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.