1025 Magnolia Street

Colorado Springs, CO 80907
Beds
8
Baths
4
Square Ft.
3,282
Market LogoCourtesy of Keller Williams DTC [email protected],303-999-9625
$695,000
Welcome to a turnkey income property at 1025 Magnolia Street, 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… Read MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Quadruplex
Beds
8
Square Ft.
3,282
Lot Size
0.19 Acres
Year Built
1971
MLS Number
6746365
Property Location Map
Additional Details
Property Access
Road Responsibility: Public Maintained Road
Appliances & Equipment
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Building
Built in 1971, Living area: 3282, Levels: Two, Construction Materials: Frame, Vinyl Siding, Wood Siding
Expenses
Operating: $18,393
Floors
Carpet, Tile, Vinyl
Foundation
Slab
Heating
Baseboard, Hot Water
Income
Gross Income: $64,352
Interior Features
Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
Laundry
In Unit
Lot
0.19 acres
Owner Pays
Electricity, Gas, Trash Collection, Water
Parking
16 total parking spaces
Roof
Composition
Sewer
Public Sewer
Taxes
Parcel Number: 63293-13-034, Annual Amount: $2,302, Legal Description: NWLY 40.0 FT OF LOT 6, SELY 43.0 FT OF LOT 5 BLK 9 CRESTMOOR PARK, Year: 2025, Zoning: R-4
Utilities
Water Source: Public
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Leiloni Bellamy
LICENSED REAL ESTATE BROKER, REALTOR®
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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.