5430 Magnolia Street, Commerce City, CO


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About 5430 Magnolia Street

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 buyer with a 203k rehab loan ONLY. Don’t let the current condition of the property fool you. An inspection by an FHA 203k 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 rehabs. 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 rehab this home and build the equity.

Features of 5430 Magnolia Street

MLS® # 5462523
Price $310,000
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 864
Acres 0.23
Year Built 1952
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 5430 Magnolia Street
Subdivision Value Subdivision
City Commerce City
County Adams
State CO
Zip Code 80022


Parking Spaces 3
# of Garages 3
Is Waterfront No
Has Pool No


Appliances Oven, Range, Refrigerator
Heating Forced Air
Cooling None
Fireplace No
Stories One


Roof Composition

School Information

District Adams 14
Elementary Rose Hill
Middle Kearney
High Adams City

Additional Information

Date Listed September 19th, 2023
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office8z Real Estate

Listing Map

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