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Moses Hermosillo

moses.hermosillo@engelvoelkers.com +1(720) 206-5848

$ 725,000

Est. payment -/mo

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1065 Magnolia ST Colorado Springs, CO 80907

8 Beds

4 Baths

3,348 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,348 sqft

Price per Sqft $216

Subdivision Cragmoor

MLS Listing ID 7340352

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 3,348

Year Built 1971

Annual Tax Amount $2,315

Tax Year 2026

Lot Size 8,929 Sqft

Acres 0.2

Property Sub-Type Quadruplex

Source recolorado

Property Description

Cushman & Wakefield is pleased to present an exceptional investment opportunity in a well-located 4-plex in Colorado Springs, with two recently renovated units, situated near the University of Colorado Colorado Springs (UCCS) and Interstate 25 (I-25). This multifamily property features four spacious 2-bedroom, 1-bathroom units, offering an attractive combination of high demand, consistent rental income, and long-term appreciation potential. This property is positioned for long-term value appreciation and offers the potential for immediate returns to investors seeking stable income in a high-demand market. Significant capital improvements have been made and recent exterior painting and tree/shrub removal has significantly improved curb appeal. It is an ideal opportunity for those looking to capitalize on the growing rental market in Colorado Springs.

Location

State CO

County El Paso

Zoning R-4

Interior

Heating Baseboard

Cooling None

Fireplace N

Laundry Common Area

Exterior

Exterior Feature Balcony

Parking Features Asphalt

Fence None

Roof Type Membrane

Total Parking Spaces 6

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Stucco,Wood Siding

Schools

Elementary Schools Edison

Middle Schools Mann

High Schools Coronado

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Other, VA Loan

Special Listing Condition None

Listed by Cushman & Wakefield

NEARBY SCHOOLS & PROPERTIES

Moses Hermosillo

Advisor | License ID: IA998165

+1(720) 206-5848

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