1025 Magnolia Street, Colorado Springs, CO 80907
Local realty services provided by:ERA Shields Real Estate
1025 Magnolia Street,Colorado Springs, CO 80907
$750,000
- - Beds
- - Baths
- 3,282 sq. ft.
- Multi-family
- Active
Listed by:john gallowayjohn@smplcphr.com,720-515-9721
Office:toprock real estate llc.
MLS#:2432034
Source:ML
Price summary
- Price:$750,000
- Price per sq. ft.:$228.52
About this home
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.
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Home facts
- Year built:1971
- Listing ID #:2432034
Rooms and interior
- Living area:3,282 sq. ft.
Heating and cooling
- Heating:Radiant
Structure and exterior
- Roof:Shingle
- Year built:1971
- Building area:3,282 sq. ft.
Schools
- High school:Coronado
- Middle school:Mann
- Elementary school:Edison
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$228.52
- Tax amount:$2,097 (2024)
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