Colorado Springs, CO 80907,1025 Magnolia ST
Colorado Springs, CO 80907,1025 Magnolia ST
Colorado Springs, CO 80907,1025 Magnolia ST
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$799,000
Est. payment /mo
3,282 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,282 sqft

Price per Sqft $243

Subdivision Colorado Springs

MLS Listing ID 2432034

HOA Y/N No

Abv Grd Liv Area 3,282

Year Built 1971

Annual Tax Amount $2,097

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

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.

Location

State CO

County El Paso

Zoning R4

Interior

Heating Radiant

Cooling None

Fireplace N

Exterior

Roof Type Shingle

Garage No

Building

Sewer Public Sewer

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Edison

Middle Schools Mann

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None


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REColorado (REColorado MLS)
Listed by Toprock Real Estate LLC

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agent

Nick Rizzi

Realtor and Trainer | License ID: FA.100093141

+1(515) 326-1744

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1025 Magnolia ST