257 E Fountain Boulevard #1, 2 & 3 Colorado Springs, CO 80903
5 Beds
3 Baths
3,630 SqFt
UPDATED:
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 3,630 sqft
Price per Sqft $179
MLS Listing ID 8865780
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Existing Home
HOA Fees $593/mo
HOA Y/N Yes
Year Built 2003
Annual Tax Amount $9,271
Tax Year 2022
Lot Size 2,996 Sqft
Acres 0.0688
Property Sub-Type Townhouse
Source Pikes Peak REALTOR® Services
Land Area 3630
Property Description
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.
Location
State CO
County El Paso
Community Parks Or Open Space, Playground Area, Shops, See Prop Desc Remarks
Interior
Interior Features 5-Pc Bath, 6-Panel Doors, 9Ft + Ceilings, Other, See Prop Desc Remarks
Heating Forced Air, Natural Gas
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Tile, Luxury Vinyl
Fireplaces Type Gas, Main Level
Furnishings Existing Home
Window Features Vinyl
Appliance 220v in Kitchen, Dishwasher, Disposal, Dryer, Kitchen Vent Fan, Microwave Oven, Oven, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer
Laundry Electric Hook-up
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence Rear, See Prop Desc Remarks
Community Features Parks or Open Space, Playground Area, Shops, See Prop Desc Remarks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Amenities Available Landscape Maintenance
Roof Type Other
Accessibility Elevator, Wide Doors
Porch Composite
Road Frontage City/Town Road, See Prop Desc Remarks
Building
Lot Description Level, Mountain View, View of Pikes Peak, View of Rock Formations, See Prop Desc Remarks
Sewer Sewer
Water Municipal
Construction Status Existing Home
Schools
Elementary Schools Columbia
Middle Schools North
High Schools Palmer
School District Colorado Springs 11
Others
HOA Fee Include Common Utilities,Insurance,Maintenance Structure,Management,Snow Removal,Trash Removal
Tax ID 6419115044
Miscellaneous Breakfast Bar,HOA Required $,Kitchen Pantry,Window Coverings
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
