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    522 Gilham Street

    PHILADELPHIA, PA 19111
    • $160,000
    • STATUS: Pending
    • ON SITE: 140 days
    • ID#: PAPH1005432
    Pending
    UPDATED: 32 min ago
    $160,000
    • 5
      BEDS
    • 0.07
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 2,007
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1935
    County:

    School Ratings & Info

    Description

    Once upon a time, in a really nice area in 19111, there now appears our first HUD OWNED multi-family DUPLEX we've had in 20 years. HUD case #441-951099 is now on the market and available for bid TODAY. Now understand this is a 3+2 DUPLEX not legally zoned. HUD SAYS YOU CAN LIVE IN ONE UNIT AND RENT THE OTHER. YOU CAN EVEN RENT THE 2 CAR DETACHED GARAGES. This incredible home value is for OWNER OCCUPANT BUYERS and ALL INVESTORS. Bid deadline is daily thereafter at 11:59 PM until sold. Investors may get involved on today- meaning now "EQUAL HOUSING OPPORTUNITY". LBP. 2007 SQUARE FEET. BUILT IN 1935. All HUD properties are sold 100% "AS IS". Place you highest and best bid today. Keeping in mind that HIGH NET BID WINS and everyone else loses. Classified as IE- insured with escrow repair. CASH, CONVENTIONAL MORTGAGES, FHA-203-K all welcome. Needs some major fixin' up but still a great value. A FULL HOME INSPECTION + STRUCTURAL ENGINEERING REPORT IS RECOMMENDED. Think about this one. You might not ever have to make a mortgage payment if your rental income exceeds your mortgage payments. First floor has 2 bedroom, living room, kitchen and full bathroom. 2nd & 3rd floor unit 2 has 3 bedrooms, 1 bathroom, living room, kitchen and full bathroom. There are also 2 garages in the back. You can keep them for yourself and rent them out. Separate heating unit and hot water tanks. We could go on and on so just look at the photos and tour. HUD does not pay any transfer tax , U & O, all at buyers expense. HUD is not involved in any first time buyer programs but there is available to qualified buyers, a special FHA mortgage needing only $100 down payment and you can even take all the repairs and most of the improvements and add them in the same $100 down mortgage. 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. IT IS SUGGESTED AND RECOMMENDED THAT A FULL HOME INSPECTION BE MADE BY BUYER. THERE IS NO GAS INTO THE PROPERTY. PLUMBING IS COMPROMISED. SOLD 100% "AS IS"

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-17T14:58:46.403.
    www.locomusings.com/homes/116601894
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    522 Gilham Street PHILADELPHIA, PA 19111

    • Price: $160,000
    • Status: Pending
    • Updated: 32 min ago
    • ID#: PAPH1005432
    5
    Beds
    2
    Baths
    1
    ½ Baths
    0.07
    Acres
    2,007
    SQFT
    $80
    $/SQFT
    1935
    Built
    Neighborhood:
    Lawndale
    County:
    Philadelphia
    Area:
    19111 (19111)
    School District:
    The School District Of Philadelphia
    Property Description
    Once upon a time, in a really nice area in 19111, there now appears our first HUD OWNED multi-family DUPLEX we've had in 20 years. HUD case #441-951099 is now on the market and available for bid TODAY. Now understand this is a 3+2 DUPLEX not legally zoned. HUD SAYS YOU CAN LIVE IN ONE UNIT AND RENT THE OTHER. YOU CAN EVEN RENT THE 2 CAR DETACHED GARAGES. This incredible home value is for OWNER OCCUPANT BUYERS and ALL INVESTORS. Bid deadline is daily thereafter at 11:59 PM until sold. Investors may get involved on today- meaning now "EQUAL HOUSING OPPORTUNITY". LBP. 2007 SQUARE FEET. BUILT IN 1935. All HUD properties are sold 100% "AS IS". Place you highest and best bid today. Keeping in mind that HIGH NET BID WINS and everyone else loses. Classified as IE- insured with escrow repair. CASH, CONVENTIONAL MORTGAGES, FHA-203-K all welcome. Needs some major fixin' up but still a great value. A FULL HOME INSPECTION + STRUCTURAL ENGINEERING REPORT IS RECOMMENDED. Think about this one. You might not ever have to make a mortgage payment if your rental income exceeds your mortgage payments. First floor has 2 bedroom, living room, kitchen and full bathroom. 2nd & 3rd floor unit 2 has 3 bedrooms, 1 bathroom, living room, kitchen and full bathroom. There are also 2 garages in the back. You can keep them for yourself and rent them out. Separate heating unit and hot water tanks. We could go on and on so just look at the photos and tour. HUD does not pay any transfer tax , U & O, all at buyers expense. HUD is not involved in any first time buyer programs but there is available to qualified buyers, a special FHA mortgage needing only $100 down payment and you can even take all the repairs and most of the improvements and add them in the same $100 down mortgage. 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. IT IS SUGGESTED AND RECOMMENDED THAT A FULL HOME INSPECTION BE MADE BY BUYER. THERE IS NO GAS INTO THE PROPERTY. PLUMBING IS COMPROMISED. SOLD 100% "AS IS"
    Exterior Features

    Architectural Style Other Construction Materials Masonry Garage Spaces 2.00 Garage Type Garage - Front Entry Garage YN Yes Other Structures Above GradeBelow Grade Parking Types Detached Garage Pool No Pool Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2007 Basement Other Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling None Fireplaces Total 0 Heating RadiatorHot Water Heating YN Yes Levels 3 Main Level Bedrooms 2 Room List Living RoomBedroom 2Bedroom 3KitchenBasementBedroom 1Bathroom 1Half Bath Upper Level1 Bedrooms 1

    Property Features

    Acceptable Financing CashConventionalFha 203(K)Fha 203(B) Accessibility Features None Assessment Year 2021 Association YN No Central Air YN No Condo YN No Cooling Fuel None Cross Street Martins Mill Road Heating Fuel None Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN No Original MLSNumber 304553184139 Ownership Interest Fee Simple Possession Settlement Sale Type Reo (Real Estate Owned) Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 2339.00 Tax Assessment Amount 167100.00 Tax Lot 343 Vacation Rental YN No Water Source Public Zoning Rsa3

    Listing courtesy of Century 21 Advantage Gold-Southampton.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-09-17T14:58:46.403.
     
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