2904 W Platte Avenue, Colorado Springs, CO 80904
Local realty services provided by:ERA Teamwork Realty
2904 W Platte Avenue,Colorado Springs, CO 80904
$199,900
- 2 Beds
- 2 Baths
- 943 sq. ft.
- Single family
- Active
Listed by: tyler eberhart
Office: colorado homes co
MLS#:1797243
Source:ML
Price summary
- Price:$199,900
- Price per sq. ft.:$211.98
About this home
Investor / Builder Opportunity in Old Colorado City – Approved Plans + Strong Upside
Located 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 demand
Major demo already completed
Approved plans + additional layout option included
Contractor bid available for reference
Significant upside for experienced builder/investor
Important Notes:
Property is in mid-construction condition. Use caution when touring due to debris and exposed materials....
Contact an agent
Home facts
- Year built:1901
- Listing ID #:1797243
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Basement:Yes
- Basement Description:Partial
- Living area:943 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1901
- Building area:943 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Frame
- Levels:1 Story
Schools
- High school:Coronado
- Middle school:West
- Elementary school:West
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$211.98
- Tax amount:$1,005 (2024)
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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