$799,000
For Sale

1025 Magnolia Street

Colorado Springs, CO 80907
Listing OfficeToprock Real Estate LLC
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Sewer InformationCity Sewer, Public Sewer
      • SubdivisionColorado Springs
      • Property SubtypeIncome Property
      • Property TypeMulti-Family
      • High SchoolCoronado
      • CountyEl Paso
      • MLS #2432034
      • MLS #2432034
      • Elementary SchoolEdison
      • Cost799000
      • Square Feet3282
      • Year Built1971
      • Middle SchoolMann

Location

Wendy GallisonReal Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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