A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more. A fantastic Old Colorado City real estate investment opportunity has just become available for the first time in almost 25 years. With Pikes Peak looming over it, this 6 unit property consists of two single story buildings each with 3 separate one bedroom, one bathroom units that will provide a steady income stream. Each unit has its own private fenced in yard. It is situated in an extremely desirable up and coming, vibrant area, making it an attractive option for potential tenants. The location is exceptionally convenient, within walking distance of Colorado Ave with its many blocks of local amenities, including transportation, schools, shopping, restaurants, parks and more.
For sale
Price cut: $50K (7/2)
$1,349,000
2416 W Vermijo Ave, Colorado Springs, CO 80904
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1952
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Private fenced in yard
- 81 days
- on Zillow |
- 144 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 02, 2025 at 06:05am
Listed by:
Shane Spraggins 719-439-2968,
Commonwealth Investment Corporation LLC
Source: Pikes Peak MLS,MLS#: 4136642

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Forced Air, Natural Gas, See Prop Desc Remarks
Cooling
- Ceiling Fan(s), See Prop Desc Remarks
Appliances
- Laundry: Common Area
Video & virtual tour
Property
Lot
- Size: 10,798.52 Square Feet
Details
- Parcel number: 7411303016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Existing
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Municipal
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, See Remarks
Community & HOA
Location
- Region: Colorado Springs
Financial & listing details
- Tax assessed value: $725,544
- Annual tax amount: $2,487
- Date on market: 5/15/2025
- Listing terms: Cash,Conventional,FHA,Other,Owner Will Carry,VA Loan
- Electric utility on property: Yes
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