1025 Magnolia Street

Colorado Springs, CO 80907
$695,000
Welcome to a turnkey income property at a well-kept fourplex in the Crestmoor Park neighborhood that's 100% occupied and producing from day one. With a 6.6% cap rate, current rents of $5,330 per month and a 2025 NOI of $45,959, this one makes sense on paper and holds up in… Read MoreRead Less
Market LogoCourtesy of Keller Williams Realty DTC LLC (303) 771-7500
Listing Snapshot
Days Online
0
Last Updated
Property Type
Fourplex
Lot Size
0.19 Acres
Year Built
1971
MLS Number
2763154
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Additional Details
Appliances & Equipment
Appliances: Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Building
Living Area: 0, Number Of Units Total: 4, Year Built: 1971, Structure Type: Framed on Lot, Frame
Cooling
Cooling: Other
Disclosures
Exclusions: Tenants Personal Property.
Heating
Heating: Baseboard, Hot Water
Laundry
Features: Electric Hook-up
Lot
0.1905 acres, 8,300 square feet
Owner Pays
Owner Pays: Electric, Gas, Sewer, Trash, Water
Property
Parcel Number: 6329313034, Property Sub Type: Fourplex, Zoning: R-4
Roof
Roof: Composite Shingle
Sewer
Sewer: Sewer
Taxes
Annual Amount: $2,302
Tenant Pays
Tenant Pays: None
Utilities
Utilities: Electricity Connected, Natural Gas Connected, Water Source: Municipal
Windows
Features: Vinyl
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Kerri & Owen
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