Metro Denver Luxury Homes For Sale

Property Description

Exceptional investment or house-hacking opportunity just 5 minutes from Downtown Colorado Springs! This versatile property is fully updated and configured for dual-living flexibility, featuring completely separate entrances for both the main level and lower level. The bright main level offers 2 bedrooms and 1 full bathroom with modern interior finishes. Greeted right away with the central living space, and views of the mountains directly through the window. The kitchen boast beautiful updates and both bedrooms serve as their own retreat in the unit with a full bath between. The lower level features an independent 1 bedroom, 1 full bathroom unit ideal for rental income or multi-generational living. Major capital improvements provide complete peace of mind, including a new roof installed last year, a newly relined sewer line, and all HVAC systems under 5 years old. Situated on a generous lot with plenty of outdoor space and quick access to downtown dining, shopping, and major corridors, this turn-key property is ready for an investor seeking strong cash flow or an owner-occupant looking for a property with options! Between location, beautiful updates, and peace of mind, this property has it all!

Features
: Forced Air
: Central Air
: Partial
: Full
: Furnished
: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Oven
: Composition
: Public Sewer
Address Map
CO
El Paso
Colorado Springs
80903
Prospect
720
Street
W105° 11' 20.2''
N38° 49' 23.8''
S
Additional Information
: Frame
14
From Wahsatch Ave, turn onto Costilla St. Turn right on S Prospect St. House will be on the right after E Rio Grande St.
Hunt
Palmer
Yes
Yes
1031 Exchange, Cash, Conventional, FHA, VA Loan
: Near Public Transit, Landscaped
North
Better Homes & Gardens Real Estate - Kenney & Co.
64202-05-028
: None
: House
heyenne Add Colorado Spgs
$1,246
2025
: Cable Available, Electricity Connected, Natural Gas Connected
R-5
09/07/2026
1464
Active
Colorado Springs 11
Colorado Springs 11
Colorado Springs 11
09/07/2026
09/07/2026
Public
: Two

heyenne Add Colorado Spgs

720 S Prospect Street, Colorado Springs, CO 80903

3 Bedrooms
2 Total Baths
1,310 Square Feet
$399,000
Listing ID #9078272
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 9078272
Price : $399,000
Bedrooms : 3
Rooms : 8
Total Baths : 2
Full Bathrooms : 1
3/4 Bathrooms : 1
Square Footage : 1,310 Square Feet
Year Built : 1948
Lot Area : 0.18 Acres
Lot Acres : 0.18
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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