1728 Armstrong Ave
Colorado Springs, CO 80904
- 6 beds
- 4 baths
- 3,364 sqft
- 10,200 sqft lot
- $189 per sqft
- 1966 build
- – on site
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.
Last checked:
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Last updated Feb 11, 2025
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MLS# 9709212 —
The Building
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Year Built:1966
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New Construction:false
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Construction Materials:Wood/Frame
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Architectural Style:Ranch
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Direction Faces:South
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Stories:1
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Levels:One
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Patio And Porch Features:Patio
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Roof:Composition
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Accessibility Features:Level Lot
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Basement:Full
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# of Units Total:4
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Building Area Total:3364
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Total SqFt:3364
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Above Grade Finished Area:1682
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Below Grade Finished Area:1682
Interior
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Interior Features:Eat-in Kitchen
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:3364
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Living Area Units:Square Feet
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Living Area Source:Assessor
Location
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Directions: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.
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Coordinates:-104.847198, 38.847298
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Latitude:38.847298
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Longitude:-104.847198
The Property
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Property Type:Residential Income
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Property Subtype:Income Property
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Lot Features:Gutters
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Lot Size Acres:0.23
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Lot Size SqFt:10200
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Lot Size Area:10200
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Lot Size Units:Square Feet
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Zoning:R2
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View:Mountain(s)
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Exclusions:All Tenants' personal items.
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Horse:false
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Fencing:Partial
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Other Structures:Outbuildings
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Water Source:City Water
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Waterfront:false
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2150.22
Beds
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Bedrooms Total:6
Baths
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Total Baths:4
The Listing
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Special Listing Conditions:Private Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas, Master Meter-Gas
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Electric:Electric, Master Meter-Electric
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Sewer:City Sewer
Appliances
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Appliances:Refrigerator
Schools
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Elementary School:Buena Vista
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Middle Or Junior School:West
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High School:Coronado
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High School District:Colorado Springs 11
The Community
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Subdivision Name:West Colorado Springs
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Senior Community:false
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Spa:false
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Garage Type:Detached
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Garage Spaces:2
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Covered Spaces:2
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Other Parking:Parking Per Unit(1 Space/Unit)
Extra Units
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Bedrooms Unit 1:2
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Total Baths Unit 1:1
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Bedrooms Unit 2:1
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Total Baths Unit 2:1
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Bedrooms Unit 3:2
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Total Baths Unit 3:1
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Bedrooms Unit 4:1
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Total Baths Unit 4:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/11/25
Feb 11, 2025
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Listed / Active | IRES | $639,000 |