Colorado Springs Real Estate | Springs Homes
Springs Homes Real Estate
Property Description

This home is ideally located on a quiet street while being just minutes from downtown. This neighborhood has become very sought after in recent years, and you’re right off of great trails like Shooks Run and a short walk to local hangouts like Switchbacks Coffee and Stellina Pizza Cafe!rnYou’ll find that this mid-century bungalow presents a great opportunity to find an affordable home in such a desirable neighborhood. With its hard-to-find R2 zoning, this property presents many opportunities to convert into a duplex or add a garage apartment in the back for extra income. This property has great investment potential as a fix-n-flip, rental, or multigenerational residence. Upon entering the home, you’re greeted with high ceilings and large windows letting in plenty of natural light. There is a large front living room with an adjoining kitchen and a dining area that has plenty of space to become a really stunning gathering/cooking area. You’ll also find a spacious back addition that could become the primary suite or a secondary family room. Two large bedroom areas and a full bath with a jetted tub complete the main level. rnThere are two stairways to the lower level. One at the front of the house and one in the back, creating easy access to the finished basement where there is another room which includes a fireplace. There’s also a third bedroom, laundry room, and a large unfinished storage/mechanical room where another bathroom could be added with relative ease. rnThe large flat backyard is very private and surrounded by mature trees, creating the possibility for a great outdoor space. There’s a large shed to the north side of the garage that could be removed to create RV parking. The oversized two-car garage has heating and sits directly off the alley.rnAnother unique aspect of this home is that it provides off-street parking in both the front and the back of the home. rnThis provides a great opportunity for someone with the vision to restore the beauty of this home!

Media/Video/Virtual Tour
: Forced Air, Natural Gas
: Ceiling Fan(s)
: Rear
: One
: Electricity, Telephone, Natural Gas, Cable
: Municipal
See Prop Desc Remarks,Window Coverings
Address Details
W105° 11' 31.4''
N38° 50' 42.6''
: Not Applicable
MLS Addon
Interior Features
2,023 Sqft
1,149 Sqft
972 Sqft
: Ranch
: Carpet, Wood, Tile
: Dryer, Refrigerator, Washer
Exterior Features
: Composite Shingle
: 2
: Concrete
: Full Basement
: Detached
: Storage Shed
: Masonite Type, Wood
Framed on Lot
Builder/Construction Info
: Existing Home
Lot Info
Near Fire Station,Near Hospital,Near Park,Near Public Transit,Near Schools,Near Shopping Center
School Info
: Colorado Springs 11
Listing Office
The Cutting Edge

Home For Sale

812 Institute Street Colorado Springs Colorado 80903

3 Bedrooms
2,121 Sqft
MLS ID #9081080
Listing Summary
Property Sub Type : Single Family
Status : Under Contract - Showing
Property Type : Home
MLS ID : 9081080
Price : $374,900
Bedrooms : 3
Baths Total : 1
Square Footage : 2,121 Sqft
Lot Area : 0.16 Acre
Year Built : 1945
MLS Area Minor : East Dale
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Data last updated: 09/23/2023 3:17
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