Link Copied
Listed price in listed location currency (USD).
$639,000

Added 3 months ago

643364 sqft0
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3364 sqft
Garage Yes
Taxes $2,150
Days Active 100
Lot Size 
Approx. Age 1966
Avg. Price Per Sqft $189
MLS® Number 9709212

Property Address: 1730 - 1728 Armstrong Ave, Colorado Springs, Colorado

Average square foot calculated using Size range provided by listing agent.

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, 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 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.
MLS® Number9709212
Laundry Level
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageYes
Approx. Age1966
BasementFull, Partially Finished, Sump Pump
Driveway
Garage Spaces
HeatForced Air
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing