Property SearchContact
OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
primary-1
primary-2primary-3
Closed
Closed

$595,000

($29,459 down)
VA

726 E Vermijo Avenue, Colorado Springs, CO 80903

5
2
2,328 sqft
PITI Monthly
$3,784.02 /mo

Listing courtesy of: Lisa Pflugh, RE/MAX Advantage Realty Inc.

Assumed Rate

6.11%
7.15%

Principal & Interest

$3,506 /mo
$3,904 /mo
$86,979 in interest paid off

What's Special

INVESTORS
REMODELED
LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MOVE-IN READY
MODERN
RENOVATED
COZY
INCOME POTENTIAL
Live in or Rent Out: Renovated Downtown Duplex with Income Potential! Location, Location, Location! This updated 19th century duplex sits minutes
from the heart of downtown Colorado Springs. Enjoy easy walking distance to vibrant entertainment, delicious dining, scenic parks, and convenient
shopping. Move-In Ready and Fully Updated: Both units boast modern touches with new flooring, remodeled bathrooms, and fresh interior and exterior
paint. Perfect for Owners or Investors: Upper Unit: Spacious 3 bedrooms, 1 bath with a private fenced backyard and bonus attic storage. L... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.11
Remaining Loan Term
27 years, 6 months
Monthly PITI
$3,784.02/mo
Estimated Loan Balance
$566,165
Cash to close
$29,459
Interest Paid
$86,979

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Air Conditioning-Room
  • Heating: Electric, Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Duplex
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1898
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Pikes Peak
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $255.58
  • Tax Annual Amount: $1332
  • On Market Date: May 22, 2024
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $29,459 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$
0%20%50%

You cover the entire equity of $29,459!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$565,541
Your Cash$29,459
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,506/mo
Traditional @ 7.15%
$4,049/mo
You save $543/month ($6,516/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC4528960

Listing From: recolorado

Last updated: Sep 24, 2024 03:41pm

© 2025, recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.11%
7.15%

Principal & Interest

$3,506 /mo
$3,904 /mo
$86,979 in interest paid off
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $29,459 (5%)
You can enter any amount below - secondary financing will cover the difference if needed.
5%
$
0%20%50%

You cover the entire equity of $29,459!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$565,541
Your Cash$29,459
Total Purchase Price:$595,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$3,506/mo
Traditional @ 7.15%
$4,049/mo
You save $543/month ($6,516/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Berkshire Hathaway HomeServices California Realty
Agent/Broker
Dave CoreyBerkshire Hathaway HomeServices California Realty(213) 505-2098berkshiresc@fyremail.netMLS
Resources
Apply to Assume
Navigate
BuyersSellersRealtorsBlogsContact
Get in Touch
(213) 505-2098berkshiresc@fyremail.net
Powered By UMe.

© 2025 Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices California Realty are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
May, 14 2025

equal-housing

Berkshire Hathaway HomeServices California Realty © 2025 is committed to and abides by the Fair Housing Act of Equal Opportunity.

Terms and ConditionsPrivacy PolicySitemap

Get Started Now

Discover the power of assumable homes

​
​
​
​
I am a...
​
Who referred you?
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now