2828 Syracuse ST #224 Denver, CO 80238

This Central Park condo is part of Denver" Affordable Housing Program (HOST) and only buyers meet income requirements may purchase it. It must be owner occupied and investors and rentals are not eligible. This second floor 2 bedroom has had one owner who has done many upgrades including a new tiled shower, hardwood floors, new toilet and vanity and concrete counter tops plus new baseboards. 10 foot ceilings and large corner windows in Living Room. Desk area by dining room window. Bonus is a detached garage-#64. Front balcony. Located near THE GREENS at Central Park. Buyer to verify schools and HOA related fees. Covenants are in Supplements. Buyers must acknowledge receiving them.
Buyer must demonstrate that rnew housing payment (a combination of the mortgage, interest, taxes, insurance, and HOA dues) will not exceed 35% of your total household monthly gross income. For example - the max income for a 1-person household = $55,950, 2-person household = $63,950, 3-person household = $71,950 4-person household = $79,900.\\Minimum gross income at 50% mark, Maximum gross income allowed is 90% AMI. Buyer should have a completed loan application from lender( form 1003) and loan approval letter. Important: See the Income requirements in Supplements. Brokers please do your due diligence and make sure that that sum is 35% or less of the income restriction guidelines. Please qualify your buyers with these income restrictions before you submit an offer. You may use any lender you want, but just because they qualify through them financially doesn't mean they will qualify for the program! Remarks: More info: https://www.denvergov.org/content/denvergov/en/housing-information/resident-resources/affordable-home-ownership.html