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Max Ferguson Realtor
2904 W Platte Ave, Colorado Springs, CO 80904
- $194,000
- 2
- BD
- 2
- BA
- 815
- SqFt
Courtesy of Colorado Homes CO .
Selling Office: NON MLS PARTICIPANT.- Sold Price
- $194,000
- List Price
- $194,900
- Closing Date
- Jun 01, 2026
- Type
- Single Family Residential
- Status
- CLOSED
- MLS Number
- 1797243
- Bedrooms
- 2
- Bathrooms
- 2
- Finished Sqft
- 815
- Subdivision
- owen love and quinbys
- Year Built
- 1901
Property Description
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.
Additional Information
- Taxes
- $1,005
- School District
- Colorado Springs 11
- Elementary School
- West
- Middle School
- West
- High School
- Coronado
- Parking Spaces
- 1
- Basement
- Partial
- Type
- Single Family Residence
- Sewer
- Public Sewer
- Lot Size
- 3,484
- Acres
- 0.08
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