New Listing. Prop avail 09-15-20. Bids due by 09-19-20 11:59 PM Central Time then daily until sold. Uninsured (UK) Uninsured. Eligible for FHA 203K. Financing Terms FHA, Cash, Conventional. Year Built: 1907, LBP, Interior Sq. Feet: 1,564, 3BR/ 1Bath, Lot size: 2,115, As per FHA appraiser. H.U.D. The home sold "As-Is" by electronic bid only. ********* This is a big, bold, and beautiful opportunity to snag a classic Trenton townhome at just a fraction of the cost! Sweat equity is all that is needed to make this home replicate its historical past. Just a stone's throw away from where Washington crossed the Delaware River, this remarkable value is just waiting for its new inhabitants to make the wood floors gleam and hear the fireplace crackle under the crisp blue wintery sky. You can almost smell the history of this area, once thriving with Colonial charm and movement. Inside, all rooms are large and comfortable featuring many hidden appurtenances that may be easily missed by quick untrained eyes. There has been tremendous development in this area, so this gem will surely disappear quickly if you don't start marching to make your appointment! ********* Disclosures: Buyer is responsible for determining the 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, Estimated remaining economic life is below 30 years, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended Needed repairs: soffit, downspout, missing bedroom doors, missing smoke and CO detectors, some damaged floor covering, walls, and ceilings, Electrical system damage per PCR. Missing cover plates on switches and outlets, Furnace needs replacement. Plumbing missing components, damaged sink, toilet, and water heater per PCR, Defective paint surfaces, Basement inspection is recommended to determine the cause of the moisture and mold-like substance and the needed remediation. Has a heating oil storage tank in the basement. Any required system repairs will be the buyer's expense. ******** 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.