4319 Lashelle Ave new Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80906
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $218
Subdivision 80906
MLS Listing ID 3227506
Bedrooms 8
HOA Y/N false
Abv Grd Liv Area 2,928
Originating Board REcolorado
Year Built 1969
Annual Tax Amount $1,959
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Income Property
Property Description
Cushman & Wakefield is pleased to present 4319 Lashelle, a rare opportunity to acquire a fourplex in the heart of Colorado Springs' rapidly appreciating Southside. Nestled just minutes from Fort Carson, major retail corridors, and national grocery chains, this well-positioned property offers both immediate income and long-term upside. This asset benefits from recent capital improvements, including fresh exterior paint and low-maintenance xeriscaping, enhancing curb appeal while reducing ongoing expenses. Each unit is separately metered for electric, and ownership has maintained solid occupancy with long-term tenants. Investors have a clear path to increase value by raising rents to market levels, implementing RUBS for utility reimbursement, and adding coin operated laundry machines to maximize income streams. Off-street parking adds tenant convenience and increases property desirability.
Location
State CO
County El Paso
Area Out Of Area
Zoning RM-30
Interior
Heating Baseboard
Cooling Room Air Conditioner
Appliance Dishwasher,Refrigerator,Microwave,Freezer
Exterior
Garage Spaces 4.0
Fence Fenced
Roof Type Fiberglass
Building
Story 2
Sewer Other Water/Sewer,Community
Water Other Water/Sewer
Level or Stories Two
Structure Type Brick/Brick Veneer,Wood Siding
New Construction false
Schools
Elementary Schools Stratmoor Hills
Middle Schools Fox Meadow
High Schools Harrison
School District Harrison 2
Others
Senior Community false
Special Listing Condition Private Owner