6964 Palmer Park
Colorado Springs, CO 80915
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In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.
🏦 Loan Details
- List Price
- $210,000
- Assumable Rate
- 6%
- Remaining Balance
- $67,071
- Loan Type
- FHA
- Est. Equity Gap
- $167,539
- Annual Taxes
- $1,305
- HOA/mo
- $266
About This Home
Unlock the potential in this spacious Cimarron Hills townhome, ready for its next chapter. This distressed property offers an excellent opportunity for investors, flippers, or buyers looking to customize a home to their own style. With a functional two-story layout, an open-concept main level, and a wood-burning fireplace as the focal point of the living room, the bones are here—it just needs vision and elbow grease.\r \r The home features a large kitchen with ample cabinet and counter space, a breakfast bar overlooking the living area, a convenient main-level powder room, a dedicated laundry area, and generous storage. Outside, enjoy mature shade trees, a covered front entry, and a private rear access.\r \r This property needs cosmetic updates, including paint, flooring/carpet, and general modernization, making it an ideal value-add opportunity. Bring your contractor, designer, and imagination to transform this townhome into a fantastic primary residence, rental, or resale project.\r \r Located in the established Cimarron Hills neighborhood with convenient access to shopping, dining, schools, parks, Peterson Space Force Base, and major commuter routes.
Data Source: Pikes Peak MLS (PPMLS)
Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.
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