Discover a rare blend of charm, space, and investment upside in the vibrant heart of Downtown Colorado Springs. This fully renovated home sits on a generous double lot with coveted R2 zoning???allowing a duplex, ADU (accessory dwelling unit), or multi-family use???making it ideal for owner-occupants, house-hackers, and investors.Bright, open-concept main level with natural light, updated flooring, and fresh paint throughout. The kitchen features quartz countertops, stainless-steel appliances (gas range, dishwasher, refrigerator), shaker cabinetry, tile backsplash, and a serving buffet???designed for daily living and entertaining. Spacious living and dining areas flow seamlessly for easy gatherings.The fully finished basement has a private entrance and a complete ADU: living room, full kitchen, bedroom, and modern full bath. Perfect for long-term rental income, short-term guests (check local STR rules), multi-generational living, or home office/guest suite.Key Features & Lifestyle??? Double lot with expansive yard???gardening, entertaining, or future development (subject to zoning).??? R2 zoning = flexibility for duplex conversion, ADU, or additional units???rare downtown.??? Prime Downtown Colorado Springs location: walk/bike to restaurants, breweries, shopping, parks, trails, CC, and the Pikes Peak Greenway. Quick access to I-25, Old Colorado City, and Memorial Park.??? Updated systems, modern finishes, and move-in ready condition.Whether you???re seeking a primary residence with income potential, a turnkey house-hack, or a long-term investment, this renovated downtown home delivers lifestyle + cash flow in one of Colorado???s most desirable urban neighborhoods.
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 719-445-0234
Shown By
Agent Name: Michael Hensley
Agent Phone: (719) 439-2309
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 2,892.58 per month $2,620.49 Principal & Interest $116.92 Property Tax $155.17 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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421 S Prospect Street | MLS# 2834134
This single family home located at 421 S Prospect Street, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $532,000. This property was built in 1910 and has 3 bedrooms. S Prospect Street is located in the Hillside subdivision. Search Hillside real estate on mhensley.thecuttingedgerealtors.com today.