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For Sale

319 N Institute Street

319 N Institute Street, Colorado Springs, CO 80903

$700,000
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!

Studio

6,499.15 Sq.Ft. lot

Victoria Labecki

Victoria Labecki

Victoria Labecki

Victoria Labecki

Features & Amenities

Interior

  • total bedrooms0
  • Fireplace Wood Burning

Area & Lot

  • Status For Sale
  • Lot Area6,499.15 Sq.Ft.
  • MLS® ID8985227
  • TypeResidential
  • YEAR BUILT1905
  • School DistrictColorado Springs 11

Exterior

  • roofShingle
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGCeiling Fan(s)

Financial

  • Sales Price$700,000
  • Real Estate Tax $2,239/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 319 N Institute Street, Colorado Springs, CO 80903. We are reviewing your request and will be in touch shortly!

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