1025 Magnolia, Colorado Springs, CO 80907
1025 Magnolia, Colorado Springs, CO 80907
1025 Magnolia, Colorado Springs, CO 80907
1025 Magnolia, Colorado Springs, CO 80907
1025 Magnolia, Colorado Springs, CO 80907
1025 Magnolia, Colorado Springs, CO 80907
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$ 695,000
Est. payment | /mo

8 Beds

4 Baths

3,282 SqFt


$ 695,000
Est. payment | /mo

8 Beds

4 Baths

3,282 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,282 sqft

Subdivision Crestmoor Park

MLS Listing ID IRE6746365

Style Contemporary

Bedrooms 8

HOA Y/N No

Year Built 1971

Annual Tax Amount $2,302

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Source ires

Property Description

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 holds up in person.

The building offers 3,282 square feet across four 2-bedroom, 1-bath units, each with its own full-size washer and dryer, an amenity tenants value and one that helps keep turnover low. A full remodel in 2014 means updated interiors and fewer surprises, and the property has been well maintained since. Private storage units out back add everyday convenience for residents.

Seller financing is available, which opens the door to more flexible terms than you'll find on most investment properties. Whether you're adding to your portfolio or buying your first investment, this fourplex is ready to go to work for you. Full financials are available upon request. Reach out today to schedule a showing.

Location

State CO

County El Paso

Community Crestmoor Park

Area Out Of Area

Zoning R-4

Rooms

Basement Slab

Interior

Interior Features Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)

Heating Hot Water, Baseboard

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Parking Features Off Street

Garage Spaces 16.0

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

Structure Type Frame,Vinyl Siding,Wood Siding

New Construction false

Schools

Elementary Schools Edison

Middle Schools Mann

High Schools Colorado Springs 11

School District Colorado Springs 11

Others

Acceptable Financing Cash, Conventional, FHA, VA, Seller Financing

Listing Terms Cash, Conventional, FHA, VA, Seller Financing

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Nathan Crumb

Nearby Locations

Stephanie Zambo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1025 Magnolia