2312 W Platte Avenue
Property Description
Discover a fantastic investment opportunity in the heart of Old Colorado City! This beautifully renovated property features two separate residences, offering nearly 1,300 square feet of combined living space and exceptional flexibility for investors or owner occupants. The main home offers 2 bedrooms, 1 bathroom, and an inviting open floor plan, while the detached 1 bedroom, 1 bathroom cottage features a full kitchen and additional parking. Recent improvements include new LVP flooring, updated bathrooms, and a fully rebuilt foundation and new exterior paint providing significant upgrades while preserving the property's Westside charm. Both residences are currently generating income, with the front home occupied by a long term tenant and the rear cottage operating as an active Airbnb. Located on a quiet, tree lined street just minutes from the shops, restaurants, and galleries of Old Colorado City, downtown Colorado Springs, Garden of the Gods, and miles of hiking and biking trails. With no HOA and two distinct living spaces, this property offers a rare combination of location, versatility, and income potential. Whether you're looking to expand your investment portfolio or eventually live in one home while renting the other, this renovated Westside property is ready for its next chapter.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $485,000 |
| Year Built: | 1903 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-PPARCO-2683170
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout