1223 N Nevada Ave, Colorado Springs, CO 80903

Welcome to this enchanting 3-story Victorian home located in the historic Old North End neighborhood, offering a unique opportunity with R-5 zoning that opens the door to multiple use options. With rental income potential, this property provides the perfect blend of investment and lifestyle. Nestled on a generous 9,500 square foot lot with the beauty of a tree lined street, this home exudes timeless charm and character. The location is highly desirable, within walking distance to both Colorado College and downtown Colorado Springs, where you can indulge in the vibrant arts, culture, and culinary scenes. As you step inside, you'll be greeted by the original Fir hardwood floors, spacious rooms with 10 ft. ceilings, solid wood pocket doors, & an original fireplace. The versatility of this home becomes evident with its two kitchens, allowing you the option to utilize the space in different ways. Live in the lower unit and rent out the upstairs units to generate rental income, providing an excellent opportunity to offset your mortgage expenses. With 1 bedroom and bathroom on the main level, and 4 bedrooms and 3 bathrooms on the 2nd floor, there's ample space for family and guests alike. A staircase on the 2nd floor leads to an unfinished attic, presenting endless potential for additional living space or creative endeavors. Whether you choose to transform it into an art studio, home office, or a cozy loft, the possibilities are limited only by your imagination. The combination of its historic charm, versatile zoning, and prime location make this Victorian home a rare find. Embrace the opportunity to create your dream lifestyle, whether it be as an owner-occupant or an astute investor. Explore the vast potential that awaits within these walls, and let the historic charm and unlimited possibilities inspire you. Don't miss your chance to be part of the rich history & vibrant community of the Old North End. 2 upstairs units are currently rented on a month to month basis.