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$399,000
ACTIVE Status
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!

720 S Prospect St, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$399,000
3 Beds 2 Baths 1,302 SqFt. ACTIVE Status
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!

720 S Prospect St, Colorado Springs

Courtesy of Better Homes and Gardens Real Estate Kenney & Company. 719-550-1515

$319,000
3 Beds 1 Baths 895 SqFt. ACTIVE Status
Welcome to this beautifully updated ranch-style home in central Colorado Springs, offering single-level living, mountain views, and easy access to downtown, Memorial Park, shopping, dining, and major commuter routes. Situated on a spacious 9,500-square-foot lot, this move-in ready property combines comfort, convenience, and value. Inside, you'll find 895 square feet of thoughtfully designed living space featuring an open layout, abundant natural light, updated flooring, and a functional kitchen with stone countertops and included appliances. The spacious primary bedroom offers a walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobbies. Step outside to enjoy the private backyard with a concrete patio, mature trees, and a storage shed—perfect for outdoor entertaining, gardening, or simply relaxing while taking in views of Pikes Peak and the Front Range. An added bonus is that the property extends beyond the existing rear fence all the way to the alley, creating exceptional flexibility and future potential. This additional space provides room for RV parking, boat or trailer storage, extra off-street parking, a carport, detached garage, workshop, garden area, or other outdoor improvements. Located in the established Cheyenne Addition neighborhood, this home offers quick access to I-25, Memorial Park, UCHealth Memorial Hospital, and everything Colorado Springs has to offer. Don't miss this opportunity to own an affordable, move-in ready home with mountain views, a generously sized lot, and room to grow in the heart of Colorado Springs.

727 E Rio Grande St, Colorado Springs

Courtesy of Exp Realty LLC. 888-440-2724


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