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Lana Rodriguez

lrg@pcscolorado.com +1(719) 644-8900

$ 700,000

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Under Contract - Showing

319 N Institute ST Colorado Springs, CO 80903

6,500 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type House W/Cottage

Listing Status Under Contract - Showing

Purchase Type For Sale

MLS Listing ID 8985227

Construction Status Existing

HOA Y/N No

Year Built 1905

Annual Tax Amount $2,239

Tax Year 2024

Lot Size 6,500 Sqft

Property Sub-Type House W/Cottage

Property Description

Centrally located, 2-story, Victorian home with oversized, detached, 2-car garage and a 1-bedroom apartment above the garage for Income Potential or multi-generational living! Main home can be used as a 3-bedroom with attached sitting rooms and an office on the main level or a 5-bedroom home! This early 1900's home just outside downtown, offers cozy sunrooms, 10-foot ceilings, unique little nooks as well as convenient upgrades. Plus, the Switchbacks Coffee Shop is just a few steps away! The original hardwood floors throughout, the heated floor in the main-level bathroom, the updated kitchen with beautiful quartz countertops and luxury vinyl flooring blends the old with the new in the best way. There is zoned heating and cooling with 3 separate mini-splits, and separate furnaces for each floor, plus ample closets and many windows. The apartment above the separate garage (built in 2015), has its own entrance, private off-street parking, modern open layout, vaulted ceilings, custom adjustable blinds, central heat & A/C, marble countertops and luxury vinyl flooring. It is fully furnished, and is currently used as a successful vacation rental, offering an opportunity for additional income if desired. All apartment furnishings can be purchased separately, making this flexible space move-in ready or customizable to your needs. Washer, dryer and all major appliances are included in both the home and the apartment for added convenience. The garage features extra storage, a workbench, making it ideal for hobbies and projects, and 220 power for EV car charging. Step outside to the back yard to a good-sized patio & landscaping featuring mature perennials and raised garden beds. Also included is a custom gas fire-pit surrounded by hand-made wooden seats. With timeless details and modern touches, this property offers charm, space, and extra income potential all in one!

Location

State CO

County El Paso

Area Hookes

Interior

Cooling Ceiling Fan(s), Other, Wall Unit(s)

Fireplaces Number 1

Fireplaces Type Main Level, One, Wood Burning

Laundry Electric Hook-up

Exterior

Fence Rear

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Telephone

Roof Type Composite Shingle

Building

Foundation Crawl Space, Partial Basement

Water Municipal

Structure Type Frame

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Special Listing Condition Not Applicable

Listed by 8Z Real Estate LLC

Lana Rodriguez

+1(719) 644-8900

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Lana Rodriguez

319 N Institute ST Colorado Springs, CO 80903

Key Details

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319 N Institute ST