306 S Institute Street, Colorado Springs

$515,000

0 Beds
0 Baths
.17 Acres
0 Garages

This property went through a complete remodel a year and a half ago! Very nice updates throughput the main house and both cottages! All units have new A/C units. The main house has 2 bedrooms and 1 bath on the main level with another guest suite in the basement with wet bar. The second cottage is a 2 bed 1 bath unit and the 3rd unit is a large 1 bed 1 bath studio apartment. The home has a great central location close to downtown and Memorial Park! The current owner uses the property for affordable housing for his employees but could pull much higher rental income.

Essential Information
MLS® #4465215
Price$515,000
Acres0.17
Year Built1920
TypeIncome
Sub-TypeTriplex
StatusUnder Contract - Showing
Community Information
Address306 S Institute Street
SubdivisionProspect Lake
CityColorado Springs
CountyEl Paso
StateCO
Zip Code80903
Amenities
UtilitiesElectricity, Natural Gas
Parking Spaces5
Interior
Has BasementYes
Exterior
FoundationFull Basement
School Information
District11-Colorado Springs
Listing Details
OfficeERA Shields Real Estate
Property History
Status Changed from Active to Under Contract - Showing
Price Reduced from $520,000 to $515,000
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