519 Prairie Road

Colorado Springs, CO 80909
Beds
2
Baths
1
Square Ft.
750
$257,770
**Two Residences, R-5 Zoning & Redevelopment Potential!** 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!
Market LogoCourtesy of Exp Realty LLC.Jaclyn Peterson, 888-440-2724
Listing Snapshot
Days Online
0
Last Updated
Property Type
Single Family
Beds
2
Full Baths
1
Square Ft.
750
Lot Size
0.17 Acres
Year Built
1935
MLS Number
8230813
Property Location Map
Additional Details
Appliances & Equipment
Oven, Refrigerator
Building
Built in 1935, Living area: 750.0
Cooling
None
Fence
See Prop Desc Remarks
Floors
Carpet
Heating
Baseboard
Home Owner's Association
Association Fee: $0, Fee Frequency: Not Applicable
Laundry
Electric Hook-up, Main
Lot
0.1722 acres
Parking
1 total parking spaces
Property
Other structures: See Prop Desc Remarks
Roof
Composite Shingle
Sewer
Sewer
Taxes
Parcel Number: 6409336010, Annual Amount: $801.17, Legal Description: LOT 8 BLK 26 J R MARKS RESUB OF BLKS 16, 25, 26 KNOB HILL ADD COLO SPGS, Year: 2024, Zoning: R-5
Utilities
Electricity Connected, Water Source: Municipal
Windows
Aluminum
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Tony Casados
Realtor®
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