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1065 Magnolia ST Colorado Springs, CO 80907
3,348 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,348 sqft
Price per Sqft $216
Subdivision Cragmoor
MLS Listing ID 3901521
Style Contemporary
HOA Y/N No
Year Built 1971
Property Sub-Type Quadruplex
Property Description
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 warner.zach.p@gmail.com
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 warner.zach.p@gmail.com
Location
State CO
County El Paso
Zoning R-4
Interior
Heating Baseboard
Cooling None
Exterior
Exterior Feature Balcony
Waterfront Description Public
View City
Roof Type Membrane
Porch Deck
Private Pool No
Building
Story Two
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
School District Elementary: Colorado Springs 11, Middle/Junior: Colorado Springs 11, High: Colorado Springs 11
Others
Senior Community No
Tax ID 63293-13-031
Special Listing Condition None Known
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byA+ Property
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