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257 E Fountain Blvd #1-2-3, Colorado Springs, CO, 80903

5beds
3baths
3,630sqft
$650,000
$179price/sqft
$4,069/moest. monthly cost
$162,760/yrincome needed

About This Home

Prestwick Townhome Community, located in the desirable Lowell Neighborhood, offers a true urban lifestyle with exceptional flexibility for both investors and owner-occupants. Whether you’re seeking a high-performing investment property or the opportunity to live in a stunning townhome while generating income, this property delivers. The ground-level commercial space spans over 1,400 square feet and includes a welcoming front office, kitchen area, half bath, and a private executive office with double doors—ideal for a variety of business uses or long-term leasing potential. Above the commercial space is a beautifully designed, loft-style, two-story townhome featuring three bedrooms and private access via stairs or its own elevator. The main level showcases an open-concept layout with soaring 18-foot ceilings, a spacious kitchen with gas stove, stainless steel appliances, and pantry, along with two bedrooms, a full bathroom, and a laundry room. A gas fireplace adds warmth and ambiance, creating the perfect setting for both entertaining and relaxing evenings. The primary suite occupies its own level, offering a private retreat complete with a luxurious five-piece en-suite bath and a versatile loft space—ideal for a home office, fitness area, or quiet lounge. In addition, a separate one-bedroom, one-bath ADU is located above the two-car garage, featuring its own private entrance. This unit offers an open-concept living area with kitchen, living room, en-suite bedroom, and the convenience of an in-unit stackable washer and dryer—perfect for guests or additional rental income. A charming gated courtyard garden sits at ground level, providing a shared outdoor space that connects all three units. This fully occupied property presents a strong investment opportunity with multiple income streams and significant upside potential. Ideally located within walking distance to downtown, residents enjoy easy access to restaurants, shopping, the U.S. Olympic & Paralympic Museum, and Switchbacks Stadium. A rare mixed-use property combining location, lifestyle, and income potential—this is an opportunity not to be missed.

Getting Around

65
WalkingSomewhat Walkable
50
TransitGood Transit
64
BikeBikeable

Schools

1/10
Hunt Elementary SchoolGrades PK-51.7 mi
6/10
North Middle SchoolGrades 6-81.9 mi
3/10
Palmer High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Existing Home
  • Year built: 2003

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Brick,Stone,Stucco,Frame

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: 220v in Kitchen,Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Oven,Refrigerator,Self Cleaning Oven,Trash Compactor,Washer
  • Laundry features: Electric Hook-up

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • 5-Pc Bath,6-Panel Doors,9Ft + Ceilings,Other,See Prop Desc Remarks,Breakfast Bar,Pantry
  • Window features: Window Coverings
  • Flooring: Carpet,Ceramic Tile,Tile,Luxury Vinyl
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 3,630
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 3,630
  • Total interior livable area: 3,630 sqft

Other

  • Level: Upper
  • Area: 380

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed,Accessible Doors

Details

  • Attached to another structure: Yes

Features

  • Levels: 3 Story
  • Stories: 3
  • Patio & porch: Composite
  • Fencing: Back Yard,See Remarks
  • Has view: Yes
  • View description: Mountain(s),View of Pikes Peak,View of Rock Formations

Lot

  • Lot size: 2,996 sqft
  • Features: Level,See Remarks,Near Fire Station,Near Hospital,Near Park,HOA Required $,Rear Landscaped

Parking

  • Total spaces: 2
  • Parking features: Detached,Even with Main Level,Garage Door Opener,Heated Garage,Oversized,See Remarks,Paved Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2