1322 Arch Street

Colorado Springs, CO 80904
Beds
8
Square Ft.
3,216
$675,000
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. This fantastic income investment is fully occupied $56,461 current gross revenue (Jan 2025, annualized). Limited taxesRead MoreRead Less
Market LogoCourtesy of Lucchesi Property Group 303-999-1568
Listing Snapshot
Days Online
128
Last Updated
Property Type
Quadplex
Beds
8
Square Ft.
3,216
Lot Size
0.2 Acres
Year Built
1973
MLS Number
9935893
30 Days Snapshot Of 80904
$897k
+15%
(avg) sold price
3
-57%
homes sold
59
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Responsibility: "Public Maintained Road"
Appliances & Equipment
"Dishwasher", "Range", "Refrigerator"
Building
Above Grade Finished Area: 3216, Architectural Style: "Contemporary", Construction Materials: "Frame", "Stucco", Direction Faces: South, Levels: "Two", Living Area: 3216, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 3216, Unit Count: 4, Unit Types: "Array", "Array", "Array", "Array", Built in 1973
Cooling
Cooling: "Air Conditioning-Room", "Other"
Disclosures
Exclusions: All tenant owned personal property and appliances.
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Other", "Professional Management", "Real Estate Tax", "Utilities", Operating Expense: $15,860, Projected Annual Expense: $16,215
Exterior Features
Patio And Porch Features: "Deck"
Fence
Fencing: "None"
Foundation
Foundation Details: "Slab"
Heating
Heating: "Forced Air", "Heat Pump"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 31110.00, Gross Income: $46,970, Projected Annual Net Income: $40,246, Projected Gross Income: $56,461
Laundry
Features: "In Unit"
Lot
Acres: 0.2, Area: 8520, Parcel Number: 74142-10-017, Square Feet: 8520
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Exterior Maintenance", "Insurance", "Taxes", "Trash Collection", "Water", Ownership: Corporation/Trust
Parking
Parking Total: 9, Carport Spaces: 0, Offstreet Spaces: 9, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 2
Property
Incorporated, Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadplex, View: "Mountain(s)", Zoning: R2
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 2036, Legal Description: LOTS 17, 18 BLK 16 RESUB PLAT OF PART OF SOUTH COLORADO CITY + CALVERT HEIGHTS, Tax Year: 2023
Tenant Pays
Tenant Pays: "Electricity", "Gas"
Utilities
Electric: "110V", "220 Volts", "Single Phase", Power Production Count: 0, Utilities: "Cable Available", "Electricity Connected", "Internet Access (Wired)", "Natural Gas Connected", "Phone Connected", Utility Billing To Tenants: Direct Billing from Utility, Utility Metering: Common Water, Separate Electric, Separate Gas, Water Source: "Public"
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