1065 Magnolia Street, Colorado Springs, CO 80907
Local realty services provided by:ERA Teamwork Realty
1065 Magnolia Street,Colorado Springs, CO 80907
$725,000
- 8 Beds
- 4 Baths
- 3,348 sq. ft.
- Multi-family
- Active
Listed by: nic polaski
Office: cushman & wakefield
MLS#:7340352
Source:ML
Price summary
- Price:$725,000
- Price per sq. ft.:$216.55
About this home
Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.
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Home facts
- Year built:1971
- Listing ID #:7340352
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:3,348 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Membrane
- Year built:1971
- Building area:3,348 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Stucco, Wood Siding
- Exterior Features:Balcony, Deck
- Levels:2 Story
Schools
- High school:Coronado
- Middle school:Mann
- Elementary school:Edison
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$216.55
- Tax amount:$2,315 (2026)
Features and amenities
- Laundry features:Common Area
Parking
- Total parking spaces:6
- Parking description:Asphalt
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