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937 E Costilla St
Colorado Springs, CO 80903
Downtown Home, Shop/Garage and ADU · Specialty Property For Sale
·
2,855 SF
Investment Highlights
- ADU rental has an annual earning from 30-50K per year
- Updated Main Home
- 4 bedrooms in the main home, 1 bedroom in the ADU
- 1000 sq ft drive-thru garage / workshop
- Privacy for both the main home and AUD
- Desirable location minutes from downtown Colorado Springs, shops, restaurants, fairs, farmers Markets, and Memorial Park-fields, lake, skatepark, etc.
Executive Summary
Minutes from the heart of Downtown, this exceptional property offers a fantastic home, huge garage/workshop and immediate income opportunity. The main home has a welcoming living room adorned with a tray ceiling, & a calming, designer color palette complemented by durable, easy-to-maintain flooring. The main level offers a full-size bathroom & a completely remodeled kitchen. Bold blue cabinetry pairs beautifully with crisp white tile & shiplap accents, creating a clean yet dynamic aesthetic. A large island with storage & seating anchors the space, while a spacious walk-in pantry with heated floors adds both luxury & functionality. Just beyond, the versatile laundry area features washer & dryer & an entire wall of storage cabinets. Heated flooring continues here, along with a custom metal door leading to the private backyard. The main level also includes a generously sized bedroom, currently used as a gym, offers great flexibility thanks to its dual entrances. Upstairs, you'll find a serene primary bedroom with a private ¾ bath, along with two additional bedrooms; all showcasing charming angled ceilings & original hardwood floors. The stunning courtyard leads to a dream 1000 sq ft garage/workshop. This incredible space boasts 10'8" ceilings, two 10x10 sliding doors, a 6-inch concrete floor, five 220V outlets, & its own half bathroom. Above the workshop sits a furnished one-bedroom apartment; perfect for multigenerational living or to continue the rental income. With private alley access & no windows facing the main home, privacy is ensured. Inside, soaring beamed ceilings, hardwood floors, & an open layout create an inviting atmosphere. The kitchen wraps around a central breakfast bar island, ideal for guests, while strategically placed windows frame breathtaking views of Pikes Peak. The apartment also includes a spacious bedroom & a large 4-pc bathroom with washer/dryer. All of this is located a 1/4 mile from Memorial Park & 5 minutes to I-25.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built/Renovated | 1894/2018 |
| Lot Size | 0.19 AC | Parking Ratio | 3.5/1,000 SF |
| Building Size | 2,855 SF | ||
| Zoning | R-2 - R-2 | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Lot Size | 0.19 AC |
| Building Size | 2,855 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1894/2018 |
| Parking Ratio | 3.5/1,000 SF |
| Zoning | R-2 - R-2 |
Amenities
- Air Conditioning
- Smoke Detector
- Awning
Property Taxes
| Parcel Number | 64173-14-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $51,750 |
Property Taxes
Parcel Number
64173-14-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$51,750
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