CO > Colorado Springs > 80906
Colorado Springs, CO 80906,4319 Lashelle AVE
Colorado Springs, CO 80906,4319 Lashelle AVE
Colorado Springs, CO 80906,4319 Lashelle AVE
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$639,000
Est. payment /mo
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8 Beds
4 Baths
6,600 Sqft Lot
Active

4319 Lashelle AVE Colorado Springs, CO 80906

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Shad Phillips

Shad Phillips

+1(214) 682-2113

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision 80906

MLS Listing ID 3227506

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,928

Year Built 1969

Annual Tax Amount $1,959

Tax Year 2024

Lot Size 6,600 Sqft

Acres 0.15

Property Sub-Type Quadruplex

Source recolorado

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

Zoning RM-30

Interior

Heating Baseboard

Cooling Air Conditioning-Room

Fireplace N

Appliance Dishwasher, Freezer, Microwave, Oven, Refrigerator

Exterior

Fence Full

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Sewer Community Sewer

Level or Stories Two

Structure Type Brick,Wood Siding

Schools

Elementary Schools Stratmoor Hills

Middle Schools Fox Meadow

High Schools Harrison

School District Harrison 2

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Cushman & Wakefield
agent
Shad Phillips

Broker Associate | License ID: 100066473

+1(214) 682-2113 | shad@phillipsteamco.com

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4319 Lashelle AVE