For Sale House MLS# 3351104

720 S Prospect Street

Colorado Springs, CO 80903

$475,000

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About 720 S Prospect Street

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. All furniture in the property is negotiable! 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!

Property details

Property

Type
Single Family
MLS type
Single Family Home
Status
Active
Year built
1948
Living area
1,302 sqft
Price / sqft
$365
Lot
0.1767
Full baths
2
Original price
$399,000
MLS #
3351104

Interior

Features
Full Basement, Walk Out
Appliances
Dishwasher, Disposal, Dryer, Microwave Oven, Range, Refrigerator, Washer
Flooring
Carpet, Vinyl/Linoleum
Heating
Forced Air
Cooling
Central Air
Laundry
Electric Hook-up, Lower, Main

Exterior & lot

Features
Parking spaces: 0
Construction
Composite Shingle
Roof
Composite Shingle
Lot
6420205028

Schools

District
Colorado Springs School District 11

Utilities

Utilities
Sewer, Municipal, Electricity Connected, Natural Gas Connected
Water
Municipal
Sewer
Sewer

Financial

Financial
Pikes Peak REALTOR® Services
Annual tax
$1,246
Tax year
2025
Parcel
6420205028

Location

County
El Paso
Neighborhood
Hillside
Community
0.0, Not Applicable, Colorado Springs 11

Ask about this property

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Listed by Andrew Perkett, Better Homes and Gardens Real Estate Kenney & Company

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.