735 Vermijo Ave Colorado Springs, CO 80903

Listing details for 735 Vermijo Ave, Colorado Springs, CO 80903 : Turnkey Duplex in Prime Downtown Location with Strong Rental History. This Fully Occupied, Income-Generating duplex offers an exceptional opportunity for investors seeking a solid return. Located in a highly desirable area just east of sprawling Downtown Colorado Springs, this well-maintained property boasts long-term tenants with a proven rental history. Each unit features 3 bedrooms, 2 baths, and comes with appealing amenities such as gas fireplaces, vinyl windows, and low-maintenance flooring. At 1,044 sq. ft. per unit, they provide comfortable living spaces, highly attractive to tenants. Recent upgrades, including a new furnace and water heater (2020) in Unit 735 and freshly painted exterior and decks (2024), mean lower maintenance costs for years to come. With a large parking lot accommodating up to 6 vehicles and a spacious front yard offering potential for additional income streams, this property is set up for both stable performance and future upside. Positioned just 5 minutes from Prospect Lake, 1 minute to Downtown, with easy access to I-25, and surrounded by entertainment, shopping, and dining options, this location appeals to a wide range of tenants—keeping vacancy rates low and demand high. If you're looking for a turnkey property with strong rental potential in a growing market, this duplex is must-see. Text Your Realtor Today!