$750,000

1025 Magnolia Street, Colorado Springs, CO 80907

3,282 sqft

Multi-Family Home
Built in 1971
—— sqft lot
—— car garage
$229/sqft
Listed 6 months ago

Property 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.

Listing Status:: Active
Listing Office:: Toprock Real Estate LLC : 704-929-2088
Listing Agent:: John Galloway : 720-515-9721
MLS ID:: 2432034

A/C: None
Heating: Radiant

Parking: Parking spaces: 0

Roofing: Shingle
General: One

Originating MLS: recolorado
School District: Colorado Springs 11
County: El Paso

Zoning: R4NWLY 40.0 FT OF LOT 6SELY 43.0 FT OF LOT 5 BLK 9 CRESTMOOR PARK63293-13-034

Sewer: Public Sewer

Source: recolorado
Ownership: Individual
Exclusions: None

This listing courtesy of John Galloway, Toprock Real Estate LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Edison Elementary School

3125 N Hancock Ave, Colorado Springs, CO, 80907

Grades PK-5

0.77 miles away

Mann Middle School

1001 E Van Buren St, Colorado Springs, CO, 80907

Grades 6-8

1.43 miles away

Civa Charter Academy

4635 Northpark Dr, Colorado Springs, CO, 80918

Grades 9-12

1.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.