319 N Institute Street, Colorado Springs, CO, 80903

Front of Structure

Dining Area

Living Room

Sitting Room

Entry

Laundry

Kitchen

Other

Kitchen

Bathroom

Other

Office

Sitting Room

Bathroom

Other

Bedroom

Entry

Other

Bedroom

Sitting Room

Bonus Room

Bathroom

Kitchen

Bathroom

Living Room

Bedroom

Back of Structure

Side of Structure

Aerial View

Floor Plan

Image Count: 49

$700,000

Highlights
Income
House W/Cottage
319 N Institute Street, Colorado Springs, CO, 80903 listed by Victoria Labecki
Under Contract - Showing
MLS#: 8985227
View on Map

Space maker

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!

Property Listed By

Victoria Labecki
3335-757-917
230026033

8Z Real Estate LLC
3803-345-303
00002034

Property Details

General Features

Property Type: House W/Cottage
Year Built: 1905
County: El Paso
School District: Colorado Springs 11
List Price: $700,000

Unit Information

Beds	Baths	Parking	Rent	SqFt
5	3			2,404
1	1	1	$1,958	704

Total Units: 2

Structure

Foundation: Crawl Space, Partial Basement
Structure: Frame
Construction Status: Existing
Siding: Wood
Window Type: Storm Window, Wood
Fence: Rear
Alley: Gravel
Fence: Rear

Features

Laundry: Electric Hook-up
Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer

Taxes, Utilities, Lot

Tax: $2,239
Lot Size: 0.15 Acres, 6,500 SqFt
Appliances: Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
Fireplace: Main Level, One, Wood Burning
Laundry: Electric Hook-up
Existing Water: Municipal
Existing Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Telephone

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