600 Parkway Ave Ewing, NJ 08618

H.U.D. Home. Re-List Available: 8 -27-19. Bid deadline: Daily by 11:59 PM Central Time until sold. Year Built: 1920, Lot Size: 9,400.00. LBP. 4 Bedrooms, 2 Bath. Interior Square Feet: 1,977, as per appraiser. (UK) Un-Insured. Eligible for FHA 203K. Financing Terms FHA, Cash, Conv. Sold "AS IS" by elec. bid only. **************************************************** This incredible value on the "Ewing" side of Parkway Avenue, just a short commute away to The College of New Jersey, sits a Very Special Dutch Colonial. As you turn into the very long driveway of this home, you'll notice not one, not two, but three huge detached garages, which always come in handy if one needs additional storage. The interior layout is quite deceiving since you can either enter from the front of the home, the side of the home, or the rear of the home via the walkout basement area, or through the rear three seasons sun porch which adjoins a dining area of the first-floor kitchen. Continuing on the first level, you'll find an updated bath, several bedrooms, and another front living room area, which might have doubled as an additional bedroom for temporary guests. Upstairs, you'll be surprised to find another full-sized kitchen, a full bath, and several more bedrooms. The walkout basement appears to have been a speakeasy of sorts but now appears to be functional as additional storage. ************************************************ Disclosures: Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for 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, ************************************************ Defective paint surfaces. LBP remediation exceeds $4,000, Needed repairs: Remove unpermitted kitchen. Missing section of flooring. Cracks in the ceiling. **************************************************** 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 foreclosed 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. Commission: Listing Broker 3% of purchase price, Selling Broker up to 3% of purchase price.