232 N Franklin St, Colorado Springs, CO 80903

Property Description

They don’t build them like this anymore! This 1890 Victorian is two homes on one lot, just a few blocks from Downtown Colorado Springs. The main house has kept its character, with original hardwood floors, rich wood trim and built-ins, a butler’s-style pantry, radiator heat, a clawfoot tub, and a bright sunroom. It offers 4 bedrooms, 2 baths and 1,612 sq ft. Behind it sits a separate two-story cottage with its own address, entrance, kitchen, living room, full bath, and main-level bedroom, plus two more bedrooms upstairs and a flex room that has served as a meditation suite, could become a walk in closet. Both homes have operated successfully as short-term rentals, and the City of Colorado Springs has confirmed that it would be elligible for an owner-occupied short term rental permit due to having multiple addresses (buyer to verify independently.) The property works well for house hacking, multigenerational living, or an investor seeking income. Outside are a wrought-iron fenced front yard, a covered front porch, a brick patio between the homes, and a 1-car detached garage with alley access. Zoned R-2. Walk to Memorial Park, local coffee shops, downtown dining, and the shops and events along Tejon. Close access to Colorado College, Memorial Hospital, and other major employment hubs. Short sale, subject to lender approval. Sold as-is. Buyer to verify zoning, shoft term rental licensing, and all measurements.