2312 W Platte Ave, Colorado Springs, CO 80904

$485,000

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Courtesy of Keller Williams Premier Realty. 719-445-0234

List Price
$485,000
Type
Multifamily
Property Sub Type
House W/Cottage
Status
ACTIVE
Days on Market
1
MLS Number
2683170
Neighborhood
East Colorado City
Year Built
1903

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.

Additional Information

Lot Size Acres
0.0826
Lot Size Sq Ft
3,600
Tax Amount
$1,141
Water Source
City
Sewer
Sewer
Heating
Forced Air
Cooling
Ceiling Fan(s), None
School District
Colorado Springs 11

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