5430 Magnolia St Commerce City CO 80022 MLS 5462523

$310,000

Listing courtesy of Compass - Denver

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Home Description: 5430 Magnolia St

GREAT OPPORTUNITY! PLEASE READ ALL REMARKS as there are two options available for how this property will be sold. OPTION 1) This property can be purchased by a FHA or Conventional buyer with a 203k renovation loan ONLY. Don’t let the current condition of the property fool you. An inspection by a Hud Certified Consultant is available in supplements with an estimated breakdown of MINIMUM costs to help you discover how easy it is to breathe new life into this property by financing the repairs and upgrades into the loan. Call me to find out more. Buyer must use a lender who has verifiable experience with 203k loans, (Mike Sherer with Fairway is our preference) AND have a licensed and insured GC ready to take on this project who is familiar with 203k renos. OPTION 2) CASH ONLY DEAL, please reference the inspection report in supplements for an idea of on the minimums of what need to be done. IMPORTANT TO NOTE that seller has zero capacity to remove anything from the property and has zero dollars to hire anyone else to remove anything. The property is being sold AS IS with all contents currently on and in the property with the exception of two vehicles that will be clearly identified in the official purchase contract. AMPLE time will be provided for any upfront due diligence that needs to be done on this property prior to accepting an offer. Enter property at your own risk, Seller assumes ZERO responsibility for injury. Back yard and garage are walking hazard so come prepared, take a close look at the aerial photos before showing. Property offers a central location with easy access to highway, shopping and entertainment. Don't miss the opportunity to renovate this home and build the equity.