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1322 Arch Street, Colorado Springs, CO, 80904

Image Count: 36

$700,000

  • Highlights
  • Income
  • Fourplex
  • 1322 Arch Street, Colorado Springs, CO, 80904 listed by Theresa White
  • Active
  • MLS#: 4458133
  • View on Map
Space maker

Property Description

Great up/down four-plex in a quiet location in South Colorado City right between Downtown Colorado Springs and Manitou Springs. Located a few blocks to a bus stop and with quick access to Highway 24. The property features five off-street parking spaces and each unit features laundry, individual gas heat and energy efficient heat pump ("mini-split") heating and cooling. Minutes to downtown Colorado Springs, close to recreation, dining and shopping. Fully leased with established renters. New LVP flooring or new carpet in units, mostly updated bathrooms, kitchen improvements, newer appliances, washers and dryers. Newer furnaces and water heaters. Sewer lines to street replaced 13 years ago, composite roof in good shape, newer interior and exterior paint. Each unit includes a storage closet. Plenty of parking on east and west side of building. Quiet community. Nice mountain views, close to nature. All units come with washer and dryer hookups. Units are occupied. Do not disturb tenants. Tours are not allowed - please review photos. Access to the Property will be provided upon an accepted Contract to Buy and Sell. Exceptions will not be made - if working with a broker, please make sure they read the remarks BEFORE reaching out. Possession will be subject to any/all tenant leases and any additional tenant's rights. Financials available upon request.

Property Listed By

Picture of REALTOR Listing Property
  • Theresa White
  • 4258-133-917  Call the Agent 
Picture of Office Listing Property
  • Keller Williams Clients Choice Realty
  • 5530-535-917  Call the Agent 

Property Details

    General Features

  • Property Type: Fourplex
  • Year Built: 1973
  • County: El Paso
  • School District: Colorado Springs 11
  • List Price: $700,000

    Unit Information

    Beds Baths Parking Rent SqFt
    2 1 $1,200 800
    2 1 $1,225 800
    2 1 $1,150 800
    2 1 $1,095 800
  • Total Units: 4

    Structure

  • Foundation: Slab
  • Structure: Framed on Lot
  • Construction Status: Existing
  • Siding: Stucco
  • Window Type: Aluminum, Vinyl

    Features

  • Heating: Forced Air, Heat Pump, Natural Gas
  • Laundry: Electric Hook-up
  • Appliances: Dishwasher, Range, Refrigerator

    Taxes, Utilities, Lot

  • Tax: $2,036
  • Lot Size: 0.20 Acres, 8,520 SqFt
  • Appliances: Dishwasher, Range, Refrigerator
  • Laundry: Electric Hook-up
  • Heating: Forced Air, Heat Pump, Natural Gas
  • Existing Water: Municipal
  • Existing Utilities: Electricity Connected, Natural Gas Connected
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          1322 Arch Street, Colorado Springs, CO, 80904

          Image 1 of 36: East side - Street frontage with off street parking

          East side - Street frontage with off street parking

          Image 2 of 36: North Side - entrances

          North Side - entrances

          Image 3 of 36: South side - back of building - heat pumps ("mini-split"

          South side - back of building - heat pumps ("mini-split"

          Image 4 of 36: West Side - storage and utitlity room

          West Side - storage and utitlity room

          Image 5 of 36: Unit A

          Unit A

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          Unit A

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          Unit A

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          Unit A

          Image 9 of 36: Unit A - (same in other units)

          Unit A - (same in other units)

          Image 10 of 36: Unit A - Mechanical and laundry - same in other units

          Unit A - Mechanical and laundry - same in other units

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          Unit A

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          Unit A

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          Unit B

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          Unit B

          Image 20 of 36: Unit C - with view of mountains

          Unit C - with view of mountains

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          Unit C

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          Unit C

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          Unit D

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          Unit D

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          Unit D

          Image 35 of 36: Tenant storage - sample

          Tenant storage - sample

          Image 36 of 36: Tenant storage - sample

          Tenant storage - sample

          Disclaimer: The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.