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This recently refreshed triplex is walking distance to Prospect Lake, and just a few short minutes to Downtown Colorado Springs! Fresh exterior paint, and new carpet and paint in the front unit, and a very well maintained and deep cleaned upstairs back unit means two units are ready to be rented out immediately to maximize cash flow! The downstairs unit has been rented for years, and has a lease that runs through May of 2026, so this property also provides immediate and stable income from Day 1. This would make a great property for investors to choose two new tenants, and increase the rent, or for a house-hacker to live in one unit and collect rent from the other two! Other improvements include an electric panel upgrade in 2012, replacement of every window with vinyl in 2012 (with a lifetime warranty from Window World), replacement of both furnaces in 2013, a new water heater in 2015, and the kitchen and bathroom in the basement unit were updated in 2019! All of which to say, this house should be pretty trouble free for a long time!
| DAYS ON MARKET | 2 | LAST UPDATED | 10/27/2025 |
|---|---|---|---|
| YEAR BUILT | 1954 | COMMUNITY | Prospect Lake |
| COUNTY | El Paso | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Colorado Springs 11 |
|---|
| ADDITIONAL DETAILS | |
| AREA | Prospect Lake |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air, Hot Water |
| LOT | 8085 sq ft |
| TAXES | 1865.21 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Manchester Properties, LLC, 7193383203
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