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Updated 4 hours ago

Charming 5-unit Apartment Community In The Heart Of...


3006, 3010, 3014 N Institute St Colorado Springs, CO

2 Bed
•
1 Bath

1,000 Sq. Ft.

Available Now
Floor plans
2 Beds • 1 Bath
$1,080
1000 ft2
1 Available
Managed By: Hello Management
Unit 3006
$1,080
Available Now
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Charming 5-unit Apartment Community In The Heart Of Colorado Springs
Charming 5-unit Apartment Community In The Heart Of Colorado Springs
Charming 5-unit Apartment Community In The Heart Of Colorado Springs
Fees & leasing info
Lease & Fees
Security Deposit: $1,178
Property details
Description

Discover this well-maintained 5-unit multifamily property nestled on a quiet block of North Institute Street, just minutes from downtown Colorado Springs, UCCS, and the vibrant Patty Jewett neighborhood. Featuring three adjacent buildings, this unique setup offers a mix of updated 1- and 2-bedroom units with spacious layouts and modern finishes.
Each unit features private entrances, natural light, and off-street and covered parking, creating a comfortable and quiet living experience for residents. Select units offer updated kitchens, hardwood or LVP flooring, and in-unit laundry hookups. With stable tenancy and strong rental demand in the area, this property is ideal for both investors and renters looking for a peaceful, centrally located home.

Additional Details
Total Unit Count: 1
Last Updated: Updated 4 hours ago
Contact Number: (720) 310-3473
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Comcast Corporation 987.0 35.0
CenturyLink, Inc. 100.0 10.0
ViaSat, Inc. 100.0 3.0
Precision Communications Inc. 50.0 20.0
Windfield Enterprises LLC 50.0 15.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Charming 5-unit Apartment Community In The Heart Of Colorado Springs by bedroom type below.
2 Bedroom
Suggested income:
$38,900
per year
Rent report

Charming 5-unit Apartment Community In The Heart Of Colorado Springs Rent vs. Colorado Springs Average

 Charming 5-unit Apartment Community In The Heart Of Colorado Springs      Colorado Springs Average
2BR
$1,080
$1,713
$0
$600
$1,200
$1,800
$2,400

Charming 5-unit Apartment Community In The Heart Of Colorado Springs is asking 37% less than the average 2 bedroom apartment in Colorado Springs.

If you upsized to an average priced Colorado Springs 3 bedroom apartment, you would pay 23% more per month.

If you downsized to an average priced Colorado Springs 1 bedroom apartment, you would pay 6% less per month.

Charming 5-unit Apartment Community In The Heart Of Colorado Springs provides 3% less square footage than the average Colorado Springs 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Charming 5-unit Apartment Community In The Heart Of Colorado Springs
2BR $1,080 $1.10 $3,240
Colorado Springs Average
Studio $947 $2.20 $2,840
1BR $1,619 $2.30 $4,857
2BR $1,713 $1.70 $5,140
3BR $2,234 $1.40 $6,701
4BR $2,692 $1.10 $8,077

Availability in Colorado Springs

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 789 2BR units on the market in Colorado Springs. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 31% 37% 16% 6%
Available Units in Colorado Springs
Studio 182
1BR 648
2BR 789
3BR 329
4BR 122
Location
Nearby Colleges

University of Colorado Colorado Springs

Pikes Peak Community College

Nearby Hospitals
Name Distance
Centura Health Penrose St Francis Health Services 1.03 mi.
Children's Hospital Colorado At Memorial Hospital Central 2.51 mi.
Peak View Behavioral Health 6.67 mi.
Nearby Fire Stations
Name Distance
El Paso Fire Department 0.25 mi.
Stratmoor Hills Fire Protection District 1.07 mi.
Stratmoor Hills Fire Protection District 3.0 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,000 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Charming 5-unit Apartment Community In The Heart Of Colorado Springs has a 2 bedroom unit starting at $1,080.
Where is this property located?
This property is at 3006, 3010, 3014 N Institute St in Colorado Springs, CO. It's 3.2 miles north from the center of Colorado Springs.
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