4927 Palmer Park Boulevard, Colorado Springs, CO 80915
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Listed by Jeff Morrell Exp Realty LLC
$ 320,000
Est. payment /mo
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4927 Palmer Park Boulevard Colorado Springs, CO 80915

0.25 Acres Lot


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Key Details

Property Type Single Family Home

Sub Type SF Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7040476

Construction Status Existing

Year Built 1969

Annual Tax Amount $1,331

Tax Year 2026

Lot Size 0.252 Acres

Acres 0.2525

Property Sub-Type SF Home

Source Pikes Peak REALTOR® Services

Property Description

Opportunity awaits at 4927 Palmer Park Boulevard! This 3-bedroom, 2-bath tri-level offers 1,718 square feet and is currently being marketed as an investment property with a tenant in place through June 30, 2027. The property is professionally managed and currently generates $1,595 per month in rental income. The tenant pays all utilities and is responsible for lawn care. The sale will be subject to the existing lease, and the new owner will be required to honor its remaining terms.

The home features a lower-level family room with a wood-burning fireplace and an expansive, private backyard with mature trees and a peaceful, park-like setting. This diamond in the rough is dated and ready for some TLC, including exterior paint and interior updating, but it offers tremendous potential for an investor willing to make future improvements. A great opportunity to acquire an income-producing property with plenty of room to add value!

Location

State CO

County El Paso

Rooms

Basement Garden Level

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplaces Type Lower Level

Furnishings Existing

Window Features Vinyl

Appliance Dishwasher, Disposal, Dryer, Microwave Oven, Oven, Range, Refrigerator, Washer

Laundry Electric Hook-up

Exterior

Fence Rear

Utilities Available Electricity Connected, Natural Gas Connected

Building

Sewer Sewer

Water Municipal

Construction Status Existing

Schools

School District Colorado Springs 11

Others

Tax ID 6412205001

Acceptable Financing Cash, Conventional, See Show/Agent Remarks

Listing Terms Cash, Conventional, See Show/Agent Remarks


elevateMLS

Sarah McGarry

Sarah McGarry

Real Estate Strategist License ID: 100065037

+1(719) 201-8352

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4927 Palmer Park Boulevard