1728 Armstrong Ave Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80904
Key Details
Property Type Single Family Home
Sub Type Income Property
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 Ranch
Bedrooms 6
HOA Y/N false
Abv Grd Liv Area 3,364
Originating Board REcolorado
Year Built 1966
Annual Tax Amount $2,150
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Income Property
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, 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.
Location
State CO
County El Paso
Area Out Of Area
Zoning R2
Direction From the intersection of Uintah St. and 17th St., turn south on 17th St. and proceed to the first street on the right: Armstrong Ave. Turn right onto Armstrong Ave. Fourplex is on the north (right) side of the street.
Rooms
Other Rooms Outbuildings
Basement Full,Partially Finished,Sump Pump
Interior
Interior Features Eat-in Kitchen
Heating Forced Air
Fireplaces Type None
Fireplace false
Appliance Refrigerator
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Natural Gas Available,Electricity Available
View Mountain(s),City
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Gutters,Level
Faces South
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Concrete
New Construction false
Schools
Elementary Schools Buena Vista
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner