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46
Photos
421 S Prospect Street, Colorado Springs, CO 80903
$550,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,553
sqft
Built in
1910
*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!
Features & Amenities
Interior
- Appliances:
- Dishwasher,Dryer,Microwave Oven,Range,Refrigerator,Washer
- Flooring:
- Wood Laminate
- A/C:
- Ceiling Fan(s)
- Heating:
- Forced Air
- Fireplace:
- None
Exterior
- Style:
- Ranch
- Other Structures:
- Storage Shed
Construction
- Roofing:
- Composite Shingle
- General:
- Stucco, Ranch, Full Basement
Location
- HOA Amenities:
- 0.0, Not Applicable
- School District:
- Colorado Springs 11
- County:
- El Paso
Lot
- Driveway:
- Gravel
- Landscaping:
- All
- Fencing:
- All
Utilities
- Utilities:
- Electricity Connected
- Water:
- Assoc/Distr
This listing courtesy of:
Keller Williams Premier Realty, Jeffrey Johnson
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Colorado Springs, CO
Housing
- Number of Units
- 261,010
- Median Home Value
- $320,371
- Median Rent
- $1,128
38.15% of housing units are renter occupied.
4.79% are vacant.
Commute
- Car
-
65.07%
- Public Transportation
-
0.55%
- Walk to Work
-
1.30%
- Work from Home
-
32.17%
- Other
-
0.52%
The median travel time to work is 17 minutes.
People
- Population
- 618,741
- Median Age
- 35.20
- Median Household Size
- 2.77
Education
- High School
-
20.31%
- Associate’s Degree
-
11.24%
- Bachelor’s Degree
-
24.43%
- Graduate Degree
-
15.25%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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