Philadelphia, Pennsylvania 19140
Listing Details
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Philadelphia, PA 19140

| 4,730 sq. ft.
Foreclosure
Listing ID: 54409910

$82,000

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices. For more check out 'First Steps' below.
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  • Property Information
    • Price: $82,000
    • Living Area Size: 4,730
    • Total Square Feet: 4,730
    • Lot Size: 0.03 acres
    • Heating Type: Forced Air
    • Year Built: 1915
    • Description: OPEN HOUSE THIS COMING SUNDAY, NOVEMBER 10th from 11 AM until NOON. 1 HOUR ONLY SO DON'T BE LATE. STOP WHAT YOU ARE DOING!! LEAVE THE DISHES BE! MAKE THE BED LATER! BRING THE KIDS AND POOCH WITH YOU BECAUSE THIS ONE IS IT!! STOP PAYING RENT AND START COLLECTING IT!!!!!!!Today's amazing price is $82,000 FOR A 3 UNIT APARTMENT. Now available 11/6/2019 is on the market for owner occupant buyers for the first 15 days. Bid deadline is 11/14/2019 at 11:59PM_CT then daily thereafter until sold. ALL QUALIFIED INVESTORS may get involved on day 16 if still available. Check on the hudhomestore. com site for exact investor bid start dates. Our newest HUD owned home listing close to the Temple University area is a 3 UNIT TRIPLEX, THERE ARE 2- TWO BEDROOM UNITS AND 1 ONE BEDROOM UNIT. EACH WITH A BATHROOM, KITCHEN, LIVING ROOM AND SEPARATE GAS & ELECTRIC. OWNER OCCUPANT BUYERS ONLY FOR THE FIRST 15 days. HUD SAYS YOU CAN LIVE IN ONE AND RENT THE OTHER TWO APARTMENTS OUT."EQUAL HOUSING OPPORTUNITIES". Classified as IE--insured with escrow repairs. FHA203-K eligible. To qualified buyers. Mortgage buyers are encouraged to do their due diligence as all HUD owned homes are sold 100% "AS IS".Make sure your lender will lend on 'AS IS' homes. All cash & conventional mortgages are always welcome from those who qualify. Keep in mind, HIGH NET BID WINS-everyone else loses. HUD does not pay for any transfer taxes (BUYER PAYS BOTH SIDES OF TRANSFER TAX), VPR's or township C/O's. All at buyers expense. HUD does not participate in any 1st time home buyer programs. You MUST have a written pre-approval from a recognized lender prior to placing a bid.This is a wonderful opportunity to be a part of the American Dream. Keep in mind, high net bid wins and everyone else loses, Qualified Buyers- there is $100 down payment on HUD Homes financed with FHA-insured financing.Plus you can add repairs and improvements into the mortgage. Same $100 DOWN Payment SOLD 100% "AS-IS" HUD properties are Sold by electronic bid only. See hudhomestore. com. Buyer to verify all information. "AS-IS" Sold 100% "As Is".Buyers & agents MUST READ the attached RE-GLOBAL disclosures/addenda before placing any bid . 2232 SF, LBP. Built in 1915. This fantastic 3 UNIT APARTMENT is available for the new $100 down program for qualified buyers. Not a misprint.Only $100 down when using an FHA loan. Built in 1915, Your friends and relatives will all be envious of you living in a home filled with stories and history of 1915, If you think the photos are great (and they are) wait until you walk through the front door. Just Wait!!!! There is only one word we can use is "SPECTACULAR" Deed shall be conveyed by "Special Warranty" Deed or it's equivalent. AGENT & CLIENTS MUST READ THE ATTACHED HUD PROPERTY CONDITION DISCLOSURES PRIOR TO PLACING ANY AND ALL BIDS. Managed by RE-Global. You're on the clock so get your bids in prior to the deadline. This HUD OWNED Home is in outstanding condition per the FHA appraisal. ALL BIDS ARE ENCOURAGED AND WILL BE REVIEWED. Owner occupants MUST RESIDE IN ONE OF THE 3 UNITS FOR A 1 YEAR PERIOD OF TIME. You may rent the other 2 units out but you must reside in one as your primary residence. This is the FIRST HUD multi-unit apartment that we've had for sale in years. Copyright 2019 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: PAPH837360
    • Day(s) On Site: 31
  • Property Tax Roll
    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
    • Property Type: Multi Family Dwelling
  • County Tax Roll
    • No. of Stories: 3
    • Exterior Wall Type: BRICK
    • Land Area Sqft: 1,408
    • Year Built: 1915
    • APN: 11-2133400
    • Property Type: Apartment
    • Township: PHILADELPHIA
    • View: TYPICAL
    • Front Footage: 16
    • Depth Footage: 88
    • Living Sqft: 4,730
    • Style: TRIPLEX
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $431 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $8,200 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
11/09/19 11/16/19 Foreclosure View now
10/18/19 11/15/19 Foreclosure View now
07/12/17 08/01/17 Preforeclosure View now
  • Contact Information
    • Agent Company: Century 21 Advantage Gold-Southampton
    • Agent Name: Ronald Rudolph
    • Agent Company Address: 494 2nd Street PIKE
    • Agent Company City: Southampton
    • Agent Company State: PA
    • Agent Company Zip: 18966
    • Agent Company Phone: (215) 322-7050
    • Agent Company Email: Email Now
    • Agent Phone: (215) 322-7050
    • Agent Email: Email Now

FIRST STEPS:

Foreclosures

You've identified an ideal foreclosure property. Now what?

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Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.

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