$532,000

421 S Prospect Street, Colorado Springs, Colorado 80903

  • Income Property Type
  • 1910 Year Built
Property Description
*Charming Fully Renovated Downtown Home with R2 Zoning and Income Potential!* Welcome to your dream home in the vibrant heart of Colorado Springs! This beautifully renovated residence, situated on a generous double lot, features highly desirable R2 zoning that creates a fantastic investment opportunity for savvy buyers. As you step inside, you’ll be greeted by a bright and open layout that immediately makes you feel at home. The stunning kitchen showcases stainless steel appliances, quartz countertops, and ample cabinetry with serving buffet makes it a perfect space for entertaining. The main floor houses a spacious living area that is infused with natural light, and a convenient dining space that flows seamlessly into the kitchen. Venturing downstairs, you’ll discover a fully finished basement that offers a private entrance, providing independence and privacy for guests or tenants alike. This versatile basement includes a fully equipped accessory dwelling unit (ADU) featuring its own inviting living area, a full kitchen, a cozy bedroom and bath, and a modern bathroom—making it ideal for generating rental income or providing comfortable accommodations for visiting friends and family. KEY FEATURES: *Double Lot* Enjoy an expansive outdoor area that presents endless possibilities for gardening, entertaining, or future development projects. *R2 Zoning* Take advantage of the versatile zoning that enhances the property’s potential, opening doors for various residential and investment opportunities. *Prime Location* Immerse yourself in the vibrant downtown Colorado Springs lifestyle, with an array of nearby shopping, dining, cultural attractions, and beautiful parks just moments away. This property is the perfect blend of a charming home and a lucrative investment opportunity, making it a rarity in today’s market. Don’t miss out on this exceptional chance to become part of the Colorado Springs community. explore all that this remarkable property has to offer!
Basic Details
Income
For Sale
8848423
$532,000
1910
Active
Duplex
: Composite Shingle
Keller Williams Premier Realty
Jeffrey Johnson
Features
: Forced Air
: Ceiling Fan(s)
: Full Basement
: None
: Electric Hook-up
: Sewer
: Electricity Connected
: Vinyl
Appliances
: Dishwasher, Microwave Oven, Range, Refrigerator, Dryer, Washer
Address Map
US
CO
El Paso
Colorado Springs
80903
Prospect
421
Street
W105° 11' 22.5''
N38° 49' 37.1''
S
Neighborhood
Colorado Springs 11
Additional Info
$0
Additional Information
: Assoc/Distr
https://www.zillow.com/homedetails/421-S-Prospect-St-Colorado-Springs-CO-80903/13617292_zpid/?view=public&imxlb=t, 5
Financial
1403.5
Listing Information
Patti Gottwein
00006166
Keller Williams Premier Realty
00006166
Assumable, Cash, Conventional, FHA, VA
Active
2026-06-01T21:52:31Z
ElevateMLS
Agent info
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theresa@qgrouprealestate.com (719) 331-8524