Address
720 S Prospect Street, Colorado Springs, CO
Price
$ 399,000
Property Attributes
- MLS#9158622
- TypeMulti-Family
- Listing Status Active
- CountyEL PASO
- CityColorado Springs
- NeighborhoodColorado Springs
- Zip80903
- StyleDuplex
- Year Built1948
- Taxes$ 1245
- Price$ 399,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1464
- Lot Size0.1767 Acres
Data Source:
elevateMLS
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. All furniture 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!
| Price History | |
|---|---|
| 9/9/2026 | Listed $399,000 |
General Features
| Living Area | 0.0 |
|---|---|
| Sewer | Sewer |
| Heating | Forced Air |
| Cooling | Central Air |
| Utilities | Electricity Connected,Natural Gas Connected |
| Appliances | Dishwasher,Disposal,Dryer,Microwave Oven,Range,Refrigerator,Washer |
| Year Built | 1948 |
| Tenant Pays | See Show/Agent Remarks |
| Property Subtype | Duplex |
| Tax Year | 2025 |
| Parcel Number | 6420205028 |
| ConstructionStatus | Existing |
| County | El Paso |
| Property Type | Income |
| HOA | No |
| Status | Active |
| City | Colorado Springs |
| High School District | Colorado Springs 11 |
| Lot Size Units | SqFt |
| Lot Size Square Feet | 7698.0 |
| Property Attached Y/N | No |
| Tax Annual Amount | 1245.84 |
| MLS Area Minor | Cheyenne Add Colorado Spgs |
| Additional Parcels Y/N | No |
| Assessments Y/N | No |
| Structure Type | Framed on Lot |
| Standard Status | Active |
| AttributionContact | 719-550-1515 |
Interior Features
| Basement | Full Basement,Walk Out |
|---|---|
| Fireplace Features | None |
| Laundry Features | Electric Hook-up |
Exterior Features
| Fencing | Rear |
|---|---|
| Water Source | Municipal |
| Lot Size | 7698.0 |
| Lot Size Acres | 0.1767 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 80903
Price
Taxes
Year Built
Visits
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- Type
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