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Listed by Victoria Labecki, 8Z Real Estate LLC Listing Contact:
Sold

319 N Institute Street

319 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!

5
beds

4
baths

2,228 Sq.Ft. LIVING AREA

Victoria Labecki

Victoria Labecki

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms4
  • APPLIANCES Dishwasher, Disposal, Dryer, Gas in Kitchen, Microwave Oven, Range, Refrigerator, Washer
  • other interior Features 9 Ft Ceilings, Crown Molding, French Doors, Vaulted Ceilings

Area & Lot

  • Status Sold
  • Living Area2,228 Sq.Ft.
  • MLS® ID7924140
  • TypeResidential
  • YEAR BUILT1905
  • NeighborhoodColorado Springs
  • Middle SchoolNorth
  • School DistrictColorado Springs 11

Exterior

  • Garage Space2.0
  • utilitiesCable Available, Electricity Connected, Natural Gas Connected, Telephone
  • roofComposite Shingle
  • HEAT TYPEForced Air, Natural Gas, See Prop Desc Remarks
  • AIR CONDITIONINGCeiling Fan(s), Other, Wall Unit(s)

Financial

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

Colorado Springs

There is a lot of new construction and new communities being built throughout the city but primarily towards the East.

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