519 Prairie Road Colorado Springs, CO 80909
2 Beds
1 Bath
750 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $343
MLS Listing ID 8230813
Bedrooms 2
Full Baths 1
Construction Status Existing Home
Year Built 1935
Annual Tax Amount $801
Tax Year 2024
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Single Family
Source Pikes Peak REALTOR® Services
Land Area 750
Property Description
Calling all investors, builders, and visionaries! This unique property features two separate single-family residences on one lot, offering a variety of possibilities for the right buyer. The existing homes include a 2-bedroom, 1-bath residence and a separate 1-bedroom, 1-bath residence, along with two storage sheds. Previously used as a rental property with separate tenants, the lot features fencing that divides the two living areas, with gated access to each side.
Looking beyond the existing structures? The seller previously rezoned the property to R-5 with plans to develop a multifamily residence, and those plans are available for interested buyers to review. Explore the potential to renovate the existing homes, continue investigating the property's rental possibilities, or pursue a future redevelopment project, subject to applicable zoning requirements, due diligence, and necessary approvals.
This property presents an opportunity for buyers willing to put in the work and envision what this site could become. The property and existing structures are being sold in their present condition. Buyers are encouraged to independently verify zoning, permitted uses, rental requirements, development potential, and the feasibility of any proposed improvements.
Bring your vision and explore the possibilities this property has to offer!
Location
State CO
County El Paso
Interior
Heating Baseboard
Cooling None
Flooring Carpet
Furnishings Existing Home
Window Features Aluminum
Appliance Oven, Refrigerator
Laundry Electric Hook-up, Main
Exterior
Parking Features Detached
Garage Spaces 1.0
Fence See Prop Desc Remarks
Utilities Available Electricity Connected
Roof Type Composite Shingle
Building
Lot Description Level
Sewer Sewer
Water Municipal
Construction Status Existing Home
Schools
School District Colorado Springs 11
Others
Tax ID 6409336010
Miscellaneous See Prop Desc Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
