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Angela Greene

angela.greene@engelvoelkers.com +1(719) 629-7909

$ 399,000

Est. payment -/mo

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New

720 S Prospect ST Colorado Springs, CO 80903

3 Beds

1.75 Baths

1,464 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,464 sqft

Price per Sqft $272

Subdivision Heyenne Add Colorado Spgs

MLS Listing ID 9078272

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 816

Year Built 1948

Annual Tax Amount $1,246

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Single Family Residence

Source recolorado

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!

Location

State CO

County El Paso

Zoning R-5

Rooms

Basement Partial

Main Level Bedrooms 2

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer

Exterior

Fence Full

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Garage No

Building

Lot Description Landscaped, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Hunt

Middle Schools North

High Schools Palmer

School District Colorado Springs 11

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Better Homes & Gardens Real Estate - Kenney & Co.

NEARBY SCHOOLS & PROPERTIES

Angela Greene

Advisor License ID: 100072416

+1(719) 629-7909

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