StatusAccepting Backup Offers (Active Under Contract)
About 322 Platte Ct
-Attention investors, here's an opportunity you won't want to miss! Nestled in the heart of Downtown Colorado Springs, this fully updated 7-unit multi-family income property awaits your savvy investment. The recent updates, including electric, plumbing, and full rehab in six of the seven units, ensure a hassle-free investment experience. Conveniently located within walking distance to all downtown amenities. This property promises convenience and potential for solid returns. DONT WAIT on this one!
Property Details
Property Features
Property Information:
Year Built: 1889
Listing Office:
Office Name: Demos Real Estate and Investments
Office Phone: (719) 338-8110
Listing Agent: Brent Demos
Interior Features
Interior Information:
Appliances: Dryer, Range, Refrigerator, Washer
Basement: Yes
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 7
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Utilities
Utilities Information:
Heating: Hot Water
Cooling: None
School Info
Assigned Schools Information:
Palmer High School, Public District Grades 9-12
North Middle School, Public District Grades 6-8
Columbia Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $809,000
Tax Information:
Annual Amount: $1,446
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Colorado Springs, CO.
This property is $329K more than the Median Sold Price in Colorado Springs, CO.
Based on homes sold in September 2024
MLS Details
MLS Information:
MLS Number: #9374993
Listing Office:
Office Name: Demos Real Estate and Investments
Office Phone: (719) 338-8110
Listing Agent: Brent Demos
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,105
Per Month
Principal & Interest
$4,038
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,492
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.54 miles
Public District Grades PK-5
Middle School
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.70 miles
Public District Grades 6-8
High School
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.10 miles
Public District Grades 9-12
Assigned Schools
3
/10
Columbia Elementary School
835 E Saint Vrain St
Distance between this listing and this school0.54 miles
Public District Grades PK-5
Nearby Schools
5
/10
Bristol Elementary School
890 N Walnut St
Distance between this listing and this school0.98 miles
Public District Grades PK-5
3
/10
Hunt Elementary School
917 E Moreno Ave
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Assigned Schools
5
/10
North Middle School
612 E Yampa St
Distance between this listing and this school0.70 miles
Public District Grades 6-8
Nearby Schools
2
/10
Galileo School of Math and Science
1600 N Union Blvd
Distance between this listing and this school1.73 miles
Public Magnet Grades 6-8
5
/10
West Middle School
1920 W Pikes Peak Ave
Distance between this listing and this school1.89 miles
Public District Grades 6-8
Assigned Schools
4
/10
Palmer High School
301 N Nevada Ave
Distance between this listing and this school0.10 miles
Public District Grades 9-12
Nearby Schools
1
/10
Community Preparatory Charter School
332 E Willamette Ave
Distance between this listing and this school0.27 miles
Public Charter Grades 9-12
3
/10
Pikes Peak Preparatory
525 E Costilla St
Distance between this listing and this school0.82 miles
The neighbors living near this home have an average income of $12,402. Typical income of Colorado Springs, CO residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 322 Platte Ct in Colorado Springs, CO and zip code 80903 in the City Center neighborhood. This home, which was built in 1889, sits on a 0.10 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $809,000.
Over 47 listings were sold over their listed price in September 2024 in Colorado Springs, CO. In the same period over 100 listings were sold below the listed price and 51 listings were sold for the listed price. Between August 2024 and September 2024, Colorado Springs, CO real estate market has seen increase in the number of listings by 28.2%. In September 2024 median list price was $480,000 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.