1025 Magnolia Street
Colorado Springs, CO 80907
3282 sqft | #2432034
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
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: John Galloway (#55050278), Phone: (720) 515-9721, Email: john@smplcphr.com
Listing Office: Toprock Real Estate LLC (#M4910)

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