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
- School DistrictColorado Springs 11
- SubdivisionColorado Springs
- Sewer InformationPublic Sewer
- Property SubtypeQuadruplex
- Structure TypeQuadruplex
- High SchoolCoronado
- Original List Price$799,000
- CountyEl Paso
- MLS #2432034
- MLS #2432034
- Elementary SchoolEdison
- Taxes Annual$2,097
- Cost799000
- Square Feet3282
- Year Built1971
- Middle SchoolMann
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: John Galloway (#REC55050278)
Listing Office: Toprock Real Estate LLC (#RECM4910)
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