1728-1730 Armstrong AVE new to site Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80904
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,364 sqft
Price per Sqft $189
Subdivision West Colorado Springs
MLS Listing ID 9709212
Style Traditional
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 1,682
Originating Board recolorado
Year Built 1966
Annual Tax Amount $2,150
Tax Year 2024
Lot Size 10,018 Sqft
Acres 0.23
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. The 4-plex comes with a two-car garage and two storage sheds, features that are unique for most 4-plex properties. The garages 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. It has new paint as of January, 2025 and front 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 near Pikes Peak C.C., 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 and in 2021 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 on request.
Square footage is approximate and should not be construed as exact. Buyers should verify square footage and should very property's condition to Buyer's satisfaction.
Location
State CO
County El Paso
Zoning R2
Rooms
Basement Finished,Full,Interior Entry,Sump Pump
Interior
Interior Features Eat-in Kitchen,Laminate Counters
Heating Forced Air,Natural Gas
Cooling Other
Flooring Carpet,Wood
Fireplace Y
Appliance Gas Water Heater,Range,Refrigerator
Laundry None
Exterior
Exterior Feature Garden,Rain Gutters
Parking Features Concrete,Exterior Access Door
Garage Spaces 2.0
Fence Partial
Utilities Available Electricity Connected,Natural Gas Connected,Phone Available
View City,Mountain(s)
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Landscaped,Level
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Buena Vista
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None