$639,000
Colorado Springs, CO 80906
- 0.15 Acres
- El Paso County
- 8 Beds
- 4 Baths
Key Features
- Property Type: Residential Income
- Status: Active
- MLS® ID: 3227506
- Year Built: 1969
- Lot/Acreage: 0.15
- County: El Paso
- Neighborhood: 80906
Interior Details
- Bedrooms: 8
- Bathrooms: 4
- Appliances: Dishwasher, Refrigerator, Microwave, Freezer
- Cooling: Room Air Conditioner
- Heating: Baseboard
- Water: Other Water/Sewer
Exterior Details
- Garage: 4
- Zoning: RM-30
- Roof: Fiberglass
- Sewer: Other Water/Sewer, Community
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
- Address: 4319 Lashelle Ave Colorado Springs CO 80906
- City: Colorado Springs
- State: CO
- Zip: 80906
©2025 Information and Real Estate Services, LLC (IRES) - Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, Information and Real Estate Services, LLC (IRES)
Listing # Courtesy of Nic Polaski of Cushman & Wakefield. Last Updated: May 8, 2025.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.