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.
Listed By
Agency Name: Progressive Property Group LLC
Agency Phone: (719) 439-7647
Shown By
Agent Name: Chantel Parker
Agent Phone: (719) 287-3476
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 2,399.99 per month $2,142.70 Principal & Interest $130.42 Property Tax $126.88 Homeowner's Insurance
735 E Vermijo Avenue | MLS# 5614138
This multi-family property located at 735 E Vermijo Avenue, Colorado Springs, CO 80903 is currently listed for sale with an asking price of $435,000. Search Colorado Springs real estate on www.soldwithchantel.com today.