32
See all 32 photos
$639,000
Est. payment /mo
10,200 Sqft Lot
Active
1728-1730 Armstrong AVE Colorado Springs, CO 80904
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/22/2025 01:53 AM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2395431
HOA Y/N No
Year Built 1966
Annual Tax Amount $2,150
Tax Year 2024
Lot Size 10,200 Sqft
Property Sub-Type Fourplex
Property Description
Don't miss out on this West-side investment opportunity! This charming 4-plex property is fully occupied and is a great chance for investors and/or homeowner occupants to generate income. With a great mix of two-bedroom and one-bedroom units, this property appeals to a variety of prospective tenants, translating to stable income for the investor. The 4-plex comes with a two-car garage and two storage sheds, features that are unique for most 4-plex properties. The garage and storage sheds could generate additional income for the savvy investor, once the current leases expire. The property's unit-layout is highly functional for tenant living spaces. The 4-plex and garage have new paint as of January, 2025 and the property's front elevation has had recent landscaping upgrades as of fall, 2024. Conveniently located, the property is within walking distance to shopping for tenants. Old Colorado City is also nearby for enjoyment of leisurely shopping and quaint eateries. The property is within 4 minutes or 1.8 miles from Colorado College. It is also within a short driving distance to Ft. Carson, Pikes Peak State College, Downtown and Colorado Technical University.
The property will need a new roof, for which the owner is willing to consider concessions. There is a history of repairs in 2016, in 2021, and in 2024 to address foundation and drainage concerns. Drainage improvements and two sump pumps have been added previously. Documentation of the repairs in Seller's possession is provided in the MLS attached documents.
Square footage is approximate and should not be construed as exact. Buyers should verify square footage and should verify the property's condition to Buyer's satisfaction.
The property will need a new roof, for which the owner is willing to consider concessions. There is a history of repairs in 2016, in 2021, and in 2024 to address foundation and drainage concerns. Drainage improvements and two sump pumps have been added previously. Documentation of the repairs in Seller's possession is provided in the MLS attached documents.
Square footage is approximate and should not be construed as exact. Buyers should verify square footage and should verify the property's condition to Buyer's satisfaction.
Location
State CO
County El Paso
Area West Colorado Springs
Interior
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type None
Laundry None
Exterior
Garage Spaces 4.0
Fence Rear
Utilities Available Electricity Connected, Natural Gas Connected, Telephone
Roof Type Composite Shingle
Building
Foundation Full Basement
Water Municipal
Structure Type Framed on Lot,Frame
Schools
School District Colorado Springs 11
Others
Special Listing Condition Established Rental History, Lead Base Paint Discl Req, See Show/Agent Remarks, Sold As Is
Listed by Reid Realty, Inc