H.U.D. Home. Re-List 12.22.20. Bid deadline Daily by 11:59 PM Central Time until sold. Year Built: 1922, Lot Size: 2,980 sq. ft. 4 Bedrooms, 1 Baths. Interior Square Feet: 1,755, as per appraiser. LBP. Uninsured (UK). Eligible for FHA 203K. Financing Terms FHA, Cash, Conventional. ********** Located on the Westerly approach into the state capital of New Jersey, this home features a perched sentry position overlooking the ebb and flow of lazy traffic patterns visiting this great city. Just a short distance away, you'll find the state museum, the gold dome State House, magnificent parks, paved paths along the Delaware River, and even City Hall where the action is much livelier. Inside this majestic straight through, rooms are large and comfortable and waiting to greet your arrival back home from any small errands you may have to complete. Three nicely apportioned bedrooms and a full bath on the second level, and a superb third-floor attic loft will provide many years of accommodations. The hidden rear entry is fenced on both sides, and offers private parking, a large stone patio, a small deck, and a sliding glass door tea or poker room which empties into the elongated kitchen, and is perfect for yard views during cold winter months. These types of homes usually move very quickly, so you'll want to be first in line to snag this hidden gem! ********** Buyer is responsible for determining property's water source and sanitary system or sanitary sewer public provider, 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, 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 buyer's 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, ********** Needed repairs: Peeling paint surfaces. LBP remediation exceeds $4,000, Repair heating/furnace system per PCR. Install CO detector, Recommend improving grading to make rainwater flow away from the foundation, Inspect foundation cracks. Repair basement wall cracks to prevent moisture intrusion and mold-like substance, walkway, and patio slab has settlement. Patio cover repair and loose railing at stairs. Deck wood rot. , Floors have signs of sag. Interior staircase handrail height is not to code, Repair roof flashing, deteriorated soffit and eaves, and the interior has signs of a possible leak. ********** 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 to also to get owner-occupants into these homes. See attached addendum & Disclosures. For additional information contact the agent of your choice.