Colorado Springs, CO 80907 1025 Magnolia St
$750,000
41 more
Presented By: Toprock Real Estate LLC; john@smplcphr.com,720-515-9721
Beds • 8
Baths • 4
SQFT • 3,282
Home Details
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.
Presented By: Toprock Real Estate LLC; john@smplcphr.com,720-515-9721
Interior Features for 1025 Magnolia St
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area3282
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 1025 Magnolia St
Architectural StyleRanch
Attached Garage No
CityColorado Springs
Construction MaterialsWood/Frame
CountyEl Paso
ElectricMaster Meter-Electric
Elementary SchoolEdison
ExclusionsNone
Garage Y/NNo
Gross Income64200
HOANo
HeatingRadiant
High SchoolCoronado
High School DistrictColorado Springs 11
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolMann
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameColorado Springs
Tax Annual Amount2097
Tax Year2024
Year Built1971
ZoningR4
Exterior for 1025 Magnolia St
Building Area Total3282
Horse Y/NNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Coronado High School
Elementary School
Edison Elementary School
Middle School
Mann Middle School
