BEDS2
BATHS2 full
SQUARE FEET943
MLS#1797243
STATUSPending
PROPERTY TYPEResidential - Single Family
SUBDIVISIONowen love and quinbys
SCHOOLColorado Springs 11
Listing Courtesy of:
Colorado Homes CO
Property Description
Investor / Builder Opportunity in Old Colorado City ? Approved Plans + Strong UpsideLocated in the heart of Old Colorado City, 2904 W Platte Ave presents a prime value-add opportunity for investors, builders, or contractors looking for their next project. This classic bungalow has already undergone significant demo work, including removal of heavy plaster walls/ceilings and two deteriorating brick chimneys?saving time and upfront labor.The property comes with city-approved plans for a 2 bed / 1 bath layout, along with an alternative 2 bed / 2 bath configuration mock-up, giving flexibility to maximize resale value. A contractor quote is available for the 2/2 build, providing clear insight into project scope and budgeting.With an estimated purchase price around $220K and projected renovation costs near $100K, the opportunity presents a potential $80K+ equity spread for the right buyer executing efficiently.Highlights:Old Colorado City location with strong resale demandMajor demo already completedApproved plans + additional layout option includedContractor bid available for referenceSignificant upside for experienced builder/investorImportant Notes:Property is in mid-construction condition. Use caution when touring due to debris and exposed materials.
Property Features
Property Type: Residential - Single Family
Basement: Partial
Cooling: None
Garage: 1
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $1,005
Year Built: 1901
Feature Descriptions
Baths 3/4: 2
Baths Full: 0
Baths Half: 0
Baths Total: 2
Days on Site: 2
Exclusions: n/a
Exterior: Frame
Parcel#: 74023-17-017
Sewer: Public Sewer
Local Schools
High School: Coronado
Middle School: West
Elementary School: West
School District: Colorado Springs 11
Listed By / Shown By
Listed By
Agency Name: Colorado Homes CO
Shown By
Agent Name: Rhonda Covey
Agent Phone: (719) 580-0635
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 1,231.06 per month $1,083.17 Principal & Interest $83.75 Property Tax $64.14 Homeowner's InsuranceChange Payment Information
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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2904 W Platte Avenue | MLS# 1797243
This single family home located at 2904 W Platte Avenue, Colorado Springs, CO 80904 is currently listed for sale with an asking price of $219,900. This property was built in 1901 and has 2 bedrooms and 2 full baths with 943 sq. ft. W Platte Avenue is located in the owen love and quinbys subdivision within the Colorado Springs 11 school district. Search Owen Love And Quinbys real estate on www.covey.properties today.