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Off market

Buy a multi-family propertyat 1322 Arch St, Colorado Springs, CO 80904

$735,000

$750,000 (-2%)

$0/mo

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Multifamily

3,200 Sq. Ft.

8,520 Sq. Ft. lot

350 Days on market

2297667 MLS ID

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About 1322 Arch St multi-family property

A wonderful 4 plex tucked away on the west side of downtown Colorado Springs and minutes' walk from Old Colorado City. Surrounded by outdoor adventures, nature and hiking. This is a great investment in a quiet neighborhood. 2 garden level units and 2 upper-level units. Partially updated with new luxury vinyl plank flooring in some units and carpet in the others, mostly updated bathrooms, newer furnace, hot water heaters, washers and dryers included with plenty of parking and individual storage units. Mountain views, close to shopping, dining and recreation. Offering Memorandum available upon request. Showings available after accepted contract. Great investment opportunity in a quiet area. Call Listor for more information.
A wonderful 4 plex tucked away on the west side of downtown Colorado Springs and minutes' walk from Old Colorado City. Surrounded by outdoor adventures, nature and hiking. This is a great investment in a quiet neighborhood. 2 garden level units and 2 upper-level units. Partially updated with new luxury vinyl plank flooring in some units and carpet in the others, mostly updated bathrooms, newer furnace, hot water heaters, washers and dryers included with plenty of parking and individual storage units. Mountain views, close to shopping, dining and recreation. Offering Memorandum available upon request. Showings available after accepted contract. Great investment opportunity in a quiet area. Call Listor for more information.

Property details

House

Above Grade Finished Area: 800

Building Area Total: 3200

Construction Materials: "Wood/Frame", "Stucco"

Total Sq Ft: 3200

Levels: "Two"

Living Area: 3200

Living Area Source: Assessor

Living Area Units: Square Feet

Stories: 2

Year Built: 1973

Appliances and Equipment

Appliances: "Dishwasher", "Refrigerator", "Washer", "Dryer", "Disposal"

Bathrooms

Bathrooms Total Integer: 4

Bedrooms

Bedrooms Total: 8

Location

City: Colorado Springs

Country: US

County Or Parish: El Paso

Locale: Colorado Springs

Latitude: 38.835922

Longitude: -104.865868

MLS Area Major: Out of Area

Postal Code: 80904

State Or Province: CO

Street Name: Arch

Street Number: 1322

Street Suffix: St

Subdivision Name: South Colorado City & Calvert Heights

Unparsed Address: 1322 Arch St Colorado Springs CO 80904

Garage

Covered Spaces: 9

Garage Spaces: 9

Garage YN: t

Garage Type: Off Street

Property

Direction Faces: North

Crops: None

Property Condition: "Not New, Previously Owned"

Property Sub Type: Income Property

Property Type: Residential Income

Road Surface Type: "Gravel"

View: "Mountain(s)"

Utilities

Electric: "Electric", "Separate Meter Electricity"

Gas: "Separate Meter Gas"

Utilities: "Electricity Available", "Cable Available"

Schools

Elementary School: West

High School: Coronado

High School District: Colorado Springs 11

Middle Or Junior School: West

Exterior Features

Exterior Features: "Balcony"

Patio And Porch Features: "Deck"

Fence

Fencing: "Partial"

Fireplaces

Fireplace Features: "None"

Foundation

Foundation Details: "Slab"

Income

Gross Income: 44510

Net Operating Income: 34428

Heating

Heating: "Forced Air"

Heating YN: t

Taxes

Has Metro Tax District: No

Tax Annual Amount: 1632

Tax Year: 2022

Water

Has Water Rights: No

Water Source: "City Water"

Listing

Price Per Sq Ft: 229.69

Listing Id: 2297667

Listing Terms: "Cash", "Conventional", "1031 Exchange"

List Price: 735000

Mls Status: Active

Number Of Units Total: 4

Standard Status: Active

Interior Features

Interior Features: "Eat-in Kitchen", "Open Floorplan"

Lot

Lot Size Acres: 0.2

Lot Size Area: 8520

Lot Size Square Feet: 8520

Lot Size Units: Square Feet

Expenses

Operating Expense: 10082

Parking

Other Parking: Parking Per Unit(2 Spaces/Unit)

Tenant Pays

Tenant Pays: "Gas", "Electricity"

Monthly cost

Estimated monthly cost

$4,531/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Aug 6, 2018

Price

$437,000

Date

Feb 2, 1996

Price

$124,000

DatePrice
Aug 6, 2018$437,000
Feb 2, 1996$124,000

Schools

This home is within the Colorado Springs School District No. 11.

Colorado Springs enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$690,900

+$22,050

$712,950

Seller agent commission$22,050 (3%)*

$0 (0%)

Buyer agent commission$22,050 (3%)*

$22,050 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $22,050 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:36 p.m.

Data updated: Apr 15, 2023 at 1:47 p.m.

Courtesy of Ryan J. Parker, RE/MAX ALLIANCE {attribution_contact}
This content last updated on 04/15/2023. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Provided for limited non-commercial use only under IRES Rules. Listing information 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. Information deemed reliable but not guaranteed by the MLS.
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © IRES 2024. All Rights Reserved.

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