REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Denise Olson

deniseolson@cheyennehomes.com +1(307) 222-8301

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

$ 399,000

Est. payment -/mo

Save

Active

720 S Prospect Street Colorado Springs, CO 80903

3 Beds

2 Baths

1,464 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,464 sqft

Price per Sqft $272

MLS Listing ID 3351104

Bedrooms 3

Full Baths 2

Construction Status Existing Home

Year Built 1948

Annual Tax Amount $1,245

Tax Year 2025

Lot Size 7,697 Sqft

Acres 0.1767

Property Sub-Type Single Family

Source Pikes Peak REALTOR® Services

Land Area 1464

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 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!

Location

State CO

County El Paso

Rooms

Basement Full Basement, Walk Out

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Vinyl/Linoleum

Furnishings Existing Home

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

Laundry Electric Hook-up, Lower, Main

Exterior

Parking Features None

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Lot Description Mountain View, See Prop Desc Remarks

Sewer Sewer

Water Municipal

Construction Status Existing Home

Schools

School District Colorado Springs 11

Others

Tax ID 6420205028

Miscellaneous Secondary Suite w/in Home,See Prop Desc Remarks

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA