1065 Magnolia St, Colorado Springs, CO 80907

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