240 Writers Way, Colorado Springs, CO, 80903

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$799,000

Highlights
Income
Mix Use
240 Writers Way, Colorado Springs, CO, 80903 listed by Mercede Ragghianti ABR GRI SRES
Active
MLS#: 3962318
Tour #1

Property Description

Welcome to the Prestwick Townhomes community, a unique investment property located in downtown Colorado Springs. This three-unit gem offers a versatile ground level commercial or office space that holds immense potential, easily transformable into a cozy apartment. The commercial space features a 3/4 bath and a kitchen area, ready for a stove connection to be installed, if desired. The charming courtyard adds a touch of tranquility to the ground level. Above the commercial space, discover a spacious 3-bedroom, 2-story apartment accessible by stairs or its own elevator. This residence boasts an open floor plan, a large balcony, and a chef-worthy kitchen, creating an ideal space for both relaxation and entertainment. The primary bedroom with a 5-piece en-suite is situated on its own floor, ensuring privacy and luxury. The crowning jewel of this residence is the rooftop deck, offering striking and unobstructed mountain views, a perfect setting for enjoying the Colorado landscape. An additional 1-bedroom/1-bath apartment is located over the garage. This unit features an open concept design, an attached bath to the bedroom, and the convenience of an in-unit stackable washer and dryer. This property presents an excellent investment opportunity, as all three units are consistently occupied. With its prime location within walking distance to the heart of downtown, residents can enjoy easy access to new trendy restaurants and the Switchbacks stadium. Prestwick Townhomes epitomizes the fusion of convenience, versatility, and modern living in the vibrant city of Colorado Springs.

Property Listed By

Mercede Ragghianti ABR GRI SRES
4961-262-175

Redfin Corporation
1498-635-303

REALTOR®

Raised in a military family in Charleston, South Carolina, Mercede Ragghianti graduated from The College of William and Mary in Williamsburg, VA with a degree in Marketing and a concentration in Entrepreneurship. Moving west to the Colorado Springs area after graduation, she started a small business with a partner and ended up taking over as sole owner after the first year, all while maintaining another full time job. For the next two years, this priceless experience gave her valuable lessons in time management, vendor relations, and above all, customer service. After selling her business for a profit, she decided to pursue her true passion with a career in real estate. When she's not helping clients, you can find Mercede actively enjoying beautiful Colorado- whether it's snowboarding on the slopes, white-water rafting, or running the many stunning trails.

Property Details

General Features

Property Type: Mix Use
Year Built: 2005
County: El Paso
School District: Colorado Springs 11
List Price: $799,000

Unit Information

Beds	Baths	Parking	Rent	SqFt
	1		$950	1,144
1	1		$1,200	1,000
3	2	2	$2,045	1,833

Total Parking Spaces: 2
Total Units: 3
Total Rent: $4,195

Structure

Structure: Frame
Construction Status: Existing
Siding: Brick, Stucco
Fence: Rear
Fence: Rear

Features

Heating: Forced Air
Cooling: Central Air
Laundry: Electric Hook-up
Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Trash Compactor, Washer

Taxes, Utilities, Lot

Tax: $3,924
Lot Size: 0.07 Acres, 2,860 SqFt
Appliances: Dishwasher, Dryer, Microwave Oven, Range, Refrigerator, Trash Compactor, Washer
Fireplace: Gas, One, Upper Level
Handicap: Elevator
Laundry: Electric Hook-up
Heating: Forced Air
Cooling: Central Air
Existing Water: Municipal
Existing Utilities: Electricity Connected, Natural Gas Connected, Telephone

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