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1025 Magnolia St Colorado Springs, CO 80907

For Sale
$750,000

Well-maintained fourplex with recent capital improvements and strong rental history.

Building Details

Year built
1971

Source: Toprock Real Estate LLC Agent John Galloway

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Fourplex Investment Opportunity

This well-maintained fourplex, located at 1025 Magnolia St, Colorado Springs, presents a turnkey investment opportunity. The property features four units, each with 2 bedrooms and 1 bathroom, and a living area of 821 square feet. Each unit includes an in-unit washer and dryer, and private back storage. Major capital improvements have been completed, including a new boiler and water heater in 2016, a full roof and gutter replacement in 2019, and a new driveway in 2019. A new backflow prevention device has been installed. Tenant turnover is minimal, and units are consistently updated during transitions. The property has been proactively maintained.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Colorado Springs
County
El Paso
State
Colorado
Longitude
-104.8086241
Latitude
38.8876743

FAQs

What type of property is this?
Quadplex - Well-maintained fourplex with recent capital improvements and strong rental history.
Where is this quadplex located?
The property is located at 1025 Magnolia St Colorado Springs, CO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: - Turnkey 4-Plex Investment Opportunity with minimal tenant turnover.; - Each unit features 2 beds, 1 bath, 821 sq ft, in-unit washer/dryer, and private back storage.; - Major capital improvements completed: new boiler/water heater (2016), roof/gutters (2019), and driveway (2019).
More about this property
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