1728-1730 Armstrong AVE, Colorado Springs, CO 80904

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Brian Gass

admin+1@1realty.com +1(719) 271-0258

$639,000

Est. payment - /mo

10,200 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2395431

Construction Status Existing

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.

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

Construction Status Existing

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

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Listed by Reid Realty, Inc

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Brian Gass

+1(719) 271-0258

Agent | License ID: FA100072919

Agent License ID: FA100072919

1728-1730 Armstrong AVE Colorado Springs, CO 80904

Brian Gass

Key Details

Location

Interior

Exterior

Building

Schools

Others

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