1065 Magnolia, Colorado Springs, CO 80907
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1065 Magnolia,Colorado Springs, CO 80907
$725,000
- - Beds
- - Baths
- 3,348 sq. ft.
- Multi-family
- Active
Listed by: mark peters
Office: a+ property
MLS#:3901521
Source:ML
Price summary
- Price:$725,000
- Price per sq. ft.:$216.55
About this home
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...
Contact an agent
Home facts
- Year built:1971
- Subdivision & Development:Cragmoor
- Listing ID #:3901521
Rooms and interior
- Living area:3,348 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Membrane
- Year built:1971
- Building area:3,348 sq. ft.
- Architectural Style:Contemporary
- Construction Materials:Frame, Stucco, Wood Siding
- Exterior Features:Balcony, Deck
- Levels:2 Story
Schools
- High school:Coronado
- Middle school:Mann
- Elementary school:Edison
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$725,000
- Price per sq. ft.:$216.55
- Tax amount:$2,315
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