1728-1730 Armstrong Avenue, Colorado Springs, CO 80904
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1728-1730 Armstrong Avenue,Colorado Springs, CO 80904
$599,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:mary reid
Office:reid realty, inc
MLS#:4961326
Source:CO_PPAR
Price summary
- Price:$599,000
About this home
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, which is reflected in the current pricing of the building. 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 are provided upon request.
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Home facts
- Year built:1966
- Listing ID #:4961326
- Added:226 day(s) ago
- Updated:September 20, 2025 at 02:09 PM
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composite Shingle
- Year built:1966
- Lot area:0.23 Acres
Utilities
- Water:Municipal
Finances and disclosures
- Price:$599,000
- Tax amount:$2,150 (2024)
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