Patricia Beck
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$475,000

720 S Prospect StreetColorado Springs, CO 80903

Beds
3
Baths
2
Sq ft
1,302
Acres
0.18
Built
1948

About $2,704/month with 20% down at 6.5% · Estimate your payment

Listing courtesy of Better Homes and Gardens Real Estate Kenney & Company · Active · MLS #3351104

About this home

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!

Details

Interior

Full / ¾ / half baths
2 / 0 / 0
Main floor bedroom
Yes
Basement
Full Basement, Walk Out
Basement finished
75%
Heating
Forced Air
Cooling
Central Air
Flooring
Carpet, Vinyl/Linoleum
Appliances
Dishwasher, Disposal, Dryer, Microwave Oven, Range, Refrigerator, Washer
Laundry
Electric Hook-up, Lower, Main

Exterior and lot

Garage
None
Roof
Composite Shingle
Siding
Wood
Lot
7,698 sq ft · Mountain View, See Prop Desc Remarks
Water
Municipal
Sewer
Sewer

Costs and listing

Property type
Residential · Single Family
Taxes
$1,245.84 (2025)
School district
Colorado Springs 11
County
El Paso
MLS #
3351104

Location

48 photos · 720 S Prospect Street, Colorado Springs
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Call Patricia · 719-660-9058