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$ 799,000
Est. payment /mo
Active
1025 Magnolia St Colorado Springs, CO 80907
3,282 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 3,282 sqft
Subdivision Colorado Springs
MLS Listing ID 2432034
Style Ranch
HOA Y/N false
Abv Grd Liv Area 3,282
Year Built 1971
Annual Tax Amount $2,097
Property Sub-Type Income Property
Source REcolorado
Property Description
Turnkey 4-Plex Investment Opportunity - 1025 Magnolia St, Colorado Springs
This well-maintained fourplex features (4) 2-bed, 1-bath units-each offering 821 sq ft, in-unit washer and dryer, and private back storage.
Major capital improvements already completed: new boiler and water heater (2016), full roof and gutter replacement (2019), and a new driveway (2019). The required Springs Utilities backflow prevention device was just installed.
Tenant turnover is minimal, and units are consistently updated during transitions. Property has been proactively maintained, making this a solid plug-and-play investment for the next owner. Full Financials Available.
This well-maintained fourplex features (4) 2-bed, 1-bath units-each offering 821 sq ft, in-unit washer and dryer, and private back storage.
Major capital improvements already completed: new boiler and water heater (2016), full roof and gutter replacement (2019), and a new driveway (2019). The required Springs Utilities backflow prevention device was just installed.
Tenant turnover is minimal, and units are consistently updated during transitions. Property has been proactively maintained, making this a solid plug-and-play investment for the next owner. Full Financials Available.
Location
State CO
County El Paso
Area Out Of Area
Zoning R4
Interior
Heating Radiant
Exterior
Roof Type Fiberglass
Building
Story 1
Sewer City Sewer, Public Sewer
Level or Stories One
Structure Type Wood/Frame
New Construction false
Schools
Elementary Schools Edison
Middle Schools Mann
High Schools Coronado
School District Colorado Springs 11
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
Listed by John Galloway • Toprock Real Estate LLC • [email protected],720-515-9721
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