735 E Vermijo Ave., Colorado Springs, CO 80903
Photo 1 of 35
$435,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,565.62 1998
On the market: 4 days
Other active MLS# for this property: 5614138 5614138

Est. Monthly Payment:

$2,735($2,605 + $130 taxes*)

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APPROVED
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Turnkey duplex in a prime downtown Colorado Springs location with strong rental history. This fully occupied, income-producing property offers an excellent opportunity for both investors and owner-occupants. Each unit features 3 bedrooms and 2 bathrooms with functional layouts and comfortable living spaces. Well-maintained throughout, each unit includes a gas fireplace, vinyl windows, and durable, low-maintenance finishes that appeal to long-term tenants. Mechanical updates include a furnace and water heater installed in 2020, and the exterior and decks were painted in 2024. The property offers a spacious front yard, alley access with off-street parking, and a rear yard storage shed for additional utility. Its central location provides convenient access to downtown Colorado Springs, Prospect Lake, I-25, shopping, dining, and entertainment. Both tenants are currently on month-to-month leases, offering flexibility for an owner-occupant or an investor looking to adjust rents and maximize future income potential. A well-positioned asset with consistent rental demand and long-term upside in a growing market.
Listing courtesy of Shumila Anderson-Hodge, Progressive Property Group LLC