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1065 Magnolia Street, Colorado Springs, CO, 80907

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1065 Magnolia Street, Colorado Springs, CO, 80907

Beds
0 Baths
3,348 SqFt
0 Acres

Listing Id

3901521
$725,000

The Best-Looking 4-Plex in Cragmor — Investment or House Hack
The best-looking 4-plex in the neighborhood, with 2 of 4 units recently renovated and excellent tenants in place. This property has been carefully maintained, painted, and improved by an owner who takes pride in his properties. The seller has also successfully bought, improved, and sold another multifamily property directly across the street.

Two units feature new waterproof laminate flooring and updated black-tile shower surrounds, while the other two are in solid condition. Rents have been improved, with additional upside remaining. One unit is month-to-month.

On-site laundry provides additional income without collecting quarters.

Due-diligence docs including rent roll, insurance info, utility history, and plumbing receipts.

For Sale By Owner / Flat Fee Listing: Seller is open to creative financing, seller concessions, or mortgage rate buydown options and will assist with the transition for the first 90 days. Seller is also open to being retained as an employee or management resource to assist with showings and maintenance help.

Tenants reside at this property, please call text or email seller Zach Warner @ 719-347-8844 or [email protected]

Property Details
Price:
$725,000
MLS #:
3901521
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
Cragmoor
Finished Sq Ft:
3,348
Year Built:
1971
ContemporaryCragmoorColorado Springs 11EdisonMannCoronadoCity
Interior
Cooling
None
Heating
Baseboard
Levels
Two
Exterior
Architectural Style
Contemporary
Construction Materials
Frame, Stucco, Wood Siding
Exterior Features
Balcony
Patio And Porch Features
Deck
Roof
Membrane
View
City
Schools
School District:
Colorado Springs 11
Elementary School:
Edison
Middle School:
Mann
High School:
Coronado
Financial
Taxes
$2,315

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1065 Magnolia Street
Colorado Springs, CO