H.U.D. Home. Re-List Available 1.22.20. Bid deadline Daily by 11:59 PM Central Time until sold. Year Built: 1930, Lot Size: 2,313 sq. ft. 3 Bedrooms, 1 Baths. Interior Square Feet: 1,302, as per appraiser. LBP. (IE) Insured w/ Escrow Repairs. Eligible for FHA 203K. Finance Terms: FHA, Cash, and Conv. Sold "AS IS" by elec. bid. ********** Once you enter this home, you will immediately discover a recently rehabbed interior, almost hidden in plain sight from the curb view. Every level of this home was previously completed and modernized showcasing recent sheetrock, and a former kitchen island design. From the bottom level in the basement, where you'll find a full bath (not counted in room count) and new cement flooring, to a modern second level bath adjoining three bedrooms, and a walk-up attic area with a very cool pass through dormitory adjacent to two rooms which could be used as overflow bedrooms, this home will meet almost every expectation for city living. This is a great home to visit, and an even nicer home to purchase, so move quick to cast your bid! ********** All showings are subject to the state's COVID-19 orders, recommendations, guidance, MLS board guidelines, and all CDC and local health mandates and/or guidance regarding listing showings, Buyer is responsible for determining properties water source and sanitary system or sanitary sewer public provider, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk or may be located in close proximity to a special Flood Hazard Area. It is the buyers responsibility to verify additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Missing slide-in range/oven. ********** Repairs: Plumbing and drain system and toilet damage per PCR, Water heater is missing, Heating/furnace system damage per PCR, Peeling paint on foundation walls. ********** For all bids accepted on or after October 1, 2016, the following incentives are available on properties within the Philadelphia HOC region (3P states): Buyers: $100 down payment on HUD Homes financed with FHA-insured financing. Agents: Real estate selling agents (agent for the buyer) get $500 for every HUD Home purchased with an FHA Rehab 203(k) loan. HUD homes being purchased with FHA financing may currently be available for HUDs $100.00 down payment program. To be able to take advantage of this great program, purchasers must be Owner Occupants and use FHA financing to purchase HUD eligible $100 down properties. $100.00 Down Payment is a Limited time opportunity, and buyers must choose their own lenders. (Normal down payments for FHA home loan is 3.5%). The main reason HUD offers the $100 down payment program is to sell HUD homes fast and also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th January, 2021 1:46 PM