1025 Magnolia Street

Colorado Springs, CO 80907
Square Ft.
3,282
$750,000
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), andRead MoreRead Less
Market LogoCourtesy of Toprock Real Estate LLC [email protected]
Listing Snapshot
Days Online
176
Last Updated
Property Type
Quadruplex
Square Ft.
3,282
Year Built
1971
MLS Number
2432034
30 Days Snapshot Of 80907
$473k
-13%
(avg) sold price
8
-50%
homes sold
104
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 3282, Construction Materials: "Frame", Levels: "One", Living Area: 3282, Occupant Type: Tenant, Structure Type: "Quadruplex", Total Area: 3282, Unit Count: 1, Unit Types: "Array", Built in 1971
Cooling
Cooling: "None"
Disclosures
Exclusions: None
Expenses
Operating Expense Includes: "Insurance", "Maintenance", "Real Estate Tax", "Utilities"
Heating
Heating: "Radiant"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Gross Income: $64,200, Projected Gross Income: $65,000
Lot
Parcel Number: 63293-13-034
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Electricity", "Exterior Maintenance", "Gas", "Grounds Care", "Insurance", "Taxes", "Trash Collection", "Water", Ownership: Individual
Parking
Parking Total: 0, Carport Spaces: 0, Offstreet Spaces: 0, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1
Property
Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Quadruplex, Zoning: R4
Roof
Roof: "Shingle"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 2097, Legal Description: NWLY 40.0 FT OF LOT 6, SELY 43.0 FT OF LOT 5 BLK 9 CRESTMOOR PARK, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Internet"
Utilities
Power Production Count: 0, Utility Metering: Common Electric, Common Water
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Sarah Manshel
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.