Colorado Springs, CO 80903,720 S Prospect ST
Colorado Springs, CO 80903,720 S Prospect ST
Colorado Springs, CO 80903,720 S Prospect ST
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$519,900
Est. payment /mo
7,698 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7488040

Construction Status Existing

HOA Y/N No

Year Built 1948

Annual Tax Amount $1,397

Tax Year 2023

Lot Size 7,698 Sqft

Property Sub-Type Duplex

Property Description

Turnkey Duplex with Mountain Views and Strong Income Potential

Seize this rare opportunity to own a fully remodeled, turnkey duplex, just minutes from vibrant downtown! Set against a serene mountain backdrop, this versatile property offers two fully independent units, each with private exterior entrances—ideal for maximizing rental income, house-hacking, or multigenerational living.

Both units have been thoughtfully updated, featuring modern kitchens, stylish baths, fresh interiors, and mountain views from many rooms. Each side offers spacious bedrooms, contemporary finishes, and move-in ready appeal. Step outside to a sprawling backyard with alley access—perfect for tenant enjoyment, additional parking, or future development potential such as a garage or RV pad.

Extensive upgrades include: new interior and exterior paint, dual furnaces, dual AC units, hot water heaters, updated electrical and plumbing, energy-efficient windows, kitchen cabinets, countertops, flooring, vanities, added insulation, and modern lighting. All the costly capital improvements have already been done, making this a true low-maintenance asset for years to come.

Whether you're looking to live in one unit and rent the other, or add a top-performing property to your portfolio, this duplex offers endless possibilities. Turnkey, income-producing, and nestled in a high-demand area—schedule your showing today!

Location

State CO

County El Paso

Area Cheyenne Add Colorado Spgs

Interior

Cooling Central Air

Laundry Electric Hook-up

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composite Shingle

Building

Foundation Walk Out

Water Municipal

Structure Type Framed on Lot

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Established Rental History, See Show/Agent Remarks

Unit 1

Sqft 816

Beds 2

Baths 1

Rent Price 2500

Occupied N

Furnished Y

Unit 2

Sqft 648

Beds 1

Baths 1

Rent Price 1800

Occupied N

Furnished Y


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Pikes Peak MLS (PPAR)
Listed by Renjoy Real Estate

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agent

Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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