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735 E Vermijo Avenue

Colorado Springs, CO 80903
  • $435,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 5614138
UPDATED: 71 min ago
$435,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1998
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Progressive Property Group LLC: (719) 439-7647.

Description

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.

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Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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 d/b/a elevateMLS. 2026-04-11T18:41:08.38.
www.tommydalyhometeam.com/homes/174298747
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735 E Vermijo Avenue Colorado Springs, CO 80903

  • Price: $435,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 71 min ago
  • ID#: 5614138
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1998
Built
Neighborhood:
Werner
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
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.
Exterior Features

Fence See Prop Desc Remarks Foundation Details Crawl Space Lot Size 9511.0000 Lot Size Units SqFt Parking Spaces Number Of 6 Roof Composite Shingle Siding Masonite TypeSee Prop Desc Remarks Structure UBC/IBC/IRC Standard ModularFrameSee Prop Desc Remarks

Interior Features

Appliances DishwasherDisposalKitchen Vent FanRangeRefrigerator Cooling None Fireplace Description GasTwoSee Remarks Handicap See Prop Desc Remarks Heating Forced AirNatural Gas Laundry Facilities Electric Hook-up Unit Total Baths 4 Unit Total Beds 6

Property Features

Earnest Money 4500 Income Property Sub Type Duplex Notices Not Applicable Tax Amount 1565.62 Tax Year 2025 Terms CashConventionalFHAVASee Show/Agent Remarks Unit Count 2 Utilities Cable AvailableElectricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Tommy Daly Home Team with Re/Max Properties inc.- Licensed in the State of Colorado. 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 d/b/a elevateMLS. 2026-04-11T18:41:08.38.
 
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Tommy Daly Home Team with Re/Max Properties inc.
2630 Tenderfoot Hill St.
Colorado Springs CO, 80906
Pikes Peak Multiple Listing Service logo Listing provided courtesy of Progressive Property Group LLC: (719) 439-7647.
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