421 S Prospect Street
Colorado Springs, CO 80903
- 3 beds
- 2 baths
- 1,553 sqft
- 8,002 sqft lot
- $354 per sqft
- 1910 build
- 15 days on site
*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!
Last checked:
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Last updated Jan 28, 2025
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MLS# 2849969 —
The Building
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Year Built:1910
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Roof:Composite Shingle
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Siding:Stucco
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Structure:Frame
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Floor Plan:Ranch
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Foundation Details:Full Basement
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Patio Description:Covered
Interior
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SqFt Total:1553
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Entry:Wood Laminate
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Floors:Wood Laminate
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Finished Basement %:98
Room Dimensions
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SqFt Main Floor:936
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Total Basement SqFt:617
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SqFt Finished:1540
Location
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Latitude:38.826982
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Longitude:-104.810426
The Property
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Property Type:Residential
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Property Subtype:Single Family
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Construction Status:Existing Home
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Property Attached:No
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Lot Description:Corner, Level, Mountain View
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Lot Size:8000
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Lot Location:Near Hospital, Near Park, Near Schools
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Lot Size Area:8000.00
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Lot Size Units:SqFt
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Outbuildings:Storage Shed
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Acres Total:0.1837
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Fence:All
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Driveway:Gravel
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Alley:Gravel
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Landscaped:All
Listing Agent
- Contact info:
- Agent phone:
- (719) 930-5169
- Office phone:
- (719) 445-0234
Taxes
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Tax Year:2023
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Tax Amount:$1,289.89
Beds
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Bedrooms Total:3
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Main Floor Bedroom:1
Baths
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Total Baths:2
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Full Baths:1
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Three Quarter Baths:1
Heating & Cooling
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Heating:Forced Air
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Electricity Connected
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Water:Assoc/Distr
Appliances
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Appliances:Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Washer
Schools
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School District:Colorado Springs 11
The Community
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Association Fee Frequency:Not Applicable
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HOA Covenants Exist:No
Parking
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Garage Type:Detached
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Garage Spaces:2
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Garage Amenitities:Even with Main Level
Monthly cost estimate
![421 S Prospect Street](https://images.estately.net/108_2849969_0_1738097798_636x435.jpg)
Asking price
$550,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,945
|
Taxes | $107 |
Insurance | $151 |
Utilities | $194 See report |
Total | $3,397/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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1/28/25
Jan 28, 2025
|
Listed / Active | PPMLS | $550,000 |