Homes for sale - 1728-1730 Armstrong AVE, Colorado Springs, CO 8090...

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Kate Swensen

realestatekate5280@gmail.com +1(303) 437-1784

$ 639,000

Est. payment | -/mo

6 Beds

4 Baths

3,364 SqFt

Save

$ 639,000

Est. payment | -/mo

Save

6 Beds

4 Baths

3,364 SqFt

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

Listed by Reid Realty, Inc. • paereid@comcast.net,(719) 510-4632

Colorado Relocation Expert

+1(303) 437-1784

realestatekate5280@gmail.com

8300 E Maplewood Ave #100, Greenwood Village, CO, 80111, USA

1728-1730 Armstrong AVE Colorado Springs, CO 80904