257 E Fountain Boulevard # 1,2 & 3
Colorado Springs, CO, 80903 $ 650,000
Baths0.0 Monthly Estimate*
$ 4,104
Studio for $650,000. This home was built in 2003 on a lot size of 0.0688.
Prestwick Townhome Community is located in the sought-after Lowell Neighborhood, offering a true urban lifestyle. Whether you’re seeking a high-performing investment property or a unique opportunity to generate rental income while occupying your own dream townhouse, this property delivers. The ground-level commercial space offers over 1,400 square feet and includes a welcoming front office area, kitchen space, half bath, and a private executive office with double doors—ideal for business use or maximizing rental potential. This flexible space is perfectly suited for both immediate income and long-term growth. Above the commercial space is a stunning two-story, loft-style townhouse with private access via stairs or its own elevator. The main level features an open-concept design with a spacious kitchen, gas stove, stainless steel appliances, pantry, two bedrooms, a full bathroom, laundry room, and soaring 18-foot ceilings. A gas fireplace enhances the living area, creating a warm and inviting atmosphere for both relaxing and entertaining. The primary suite occupies its own private level and includes a luxurious five-piece en-suite bathroom. A versatile loft space overlooks the main floor and can be used as an office, fitness area, or private retreat. In addition, a separate one-bedroom, one-bath ADU (accessory dwelling unit) is located above the two-car garage with its own private entrance. This unit features an open-concept layout with a kitchen, living area, bedroom with attached bath, and the convenience of an in-unit stackable washer and dryer—perfect for guests or additional rental income. A charming, gated courtyard garden connects all three units at ground level, providing a private outdoor space for residents. This property presents an exceptional investment opportunity, with all three units currently occupied and generating income. With strong upside potential and multiple revenue streams, it is a rare find. Ideally situated within walking distance to downtown, residents enjoy convenient access to restaurants, shopping, the Olympic & Paralympic Museum, and Switchbacks Stadium.
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FeaturesGeneralLiving Area 0.0
Sewer Sewer
Heating Forced Air Natural Gas
Cooling Ceiling Fan(s) Central Air
Utilities Cable Available Electricity Connected Natural Gas Connected
Roof Other
Appliances 220v in Kitchen Dishwasher Disposal Dryer Kitchen Vent Fan Microwave Oven Oven Refrigerator Self Cleaning Oven Trash Compactor Washer
Year Built 2003
Tenant Pays Electricity Water
Unit Number 1 2 & 3
Property Subtype Mix Use
Tax Year 2022
Parcel Number 6419115044
Accessibility Elevator Wide Doors
County El Paso
Property Type Income
HOA N
Status Active
City Colorado Springs
High School District Colorado Springs 11
Lot Size Units SqFt
Lot Size Square Feet 2995.0
Property Attached Y/N N
Tax Annual Amount 9271.04
MLS Area Minor Prestwick
Additional Parcels Y/N N
Assessments Y/N N
Structure Type Frame
Standard Status Active
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ExteriorSiding Brick Stone Stucco
Fencing Rear
Water Source Municipal
Lot Size 2995.0
Lot Size Acres 0.0688
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InteriorFireplace Features Gas Upper Level
Window Features Vinyl
Laundry Features Electric Hook-up
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $4,104
- Monthly Property Taxes
- $773
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $653,296
Percent of Sale Price 1%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $650,000 | | Listed Price |