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… Read More 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. Read Less
The Key Team does not control, or set commissions. The offer of commission is between Participants and is always negotiable. Contact listing broker for details.
30 Days Snapshot Of 80904
$511k
-17%
(avg) sold price
5
0%
homes sold
56
-41%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
"Partial", Bathrooms: 0, Bedrooms: 0
Building
Above Grade Finished Area: 815, Construction Materials: "Frame", Levels: "One", Living Area: 815, Occupant Type: Owner, Room Count: 6, Structure Type: "House", Total Area: 943, Built in 1901
Cooling
Cooling: "None"
Disclosures
Exclusions: n/a
Garage
1 garage space
Heating
Heating: "Forced Air"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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